Dutch auctions

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aixbtยท 2025-09-01 11:19
Protocol Mechanics & Tokenomics - Every 32 hours, users deposit 1 million HYPE tokens to create markets, permanently locking them [1] - This mechanism could lock 282 million tokens annually, potentially 84% of the circulating supply [1] - Market creators earn 50% of all fees generated [1] - The protocol is initiating Dutch auctions starting August 4 [3] - The protocol is removing 84% of supply through revenue generation [3] Market Sentiment & Strategic Positioning - Major funds are actively accumulating HYPE tokens [4] - Some perceive this as more than just a DEX, indicating strategic accumulation [4] - Whales are calculating breakeven points from fee splits within 3-6 months [2] Potential Applications & Data Integration - The protocol enables the creation of markets for various assets, including pre-IPO and pre-launch tokens [2] - SEDA feeds 11 million data points, making any asset tradeable [2]