ChainCatcher reports that Hyperliquid's ecosystem lending protocol, Hyperlend, has announced an upcoming TGE (Trading Event) and the launch of its token, HPL. Staking and locking features will be available shortly after the TGE concludes.
The total token supply has not yet been disclosed. The token economics are as follows: 30.14% allocated to ecosystem growth and incentives; 25% for genesis distribution; 22.5% allocated to core contributors; 17.36% allocated to strategic investors; and 5% for liquidity.
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