Balance Foundation Completes Snapshot, Distributes 8.8M HYPER Tokens, Announces EPT Token Economics

The Balance Foundation has announced the completion of its snapshot, a significant milestone in its ongoing journey. The snapshot provides a clear picture of the foundation's assets, liabilities, and equity at a specific point in time, serving as a crucial tool for management and stakeholders to assess the organization's financial health. This snapshot is not just a static image but a dynamic starting point for future developments and strategic planning.

The foundation has also revealed plans for the distribution of unclaimed HYPER tokens. Approximately 8.2 million HYPER tokens will be allocated to supplement the reward distribution for the first two quarters based on HyperStreaks. Additionally, an extra 600,000 HYPER tokens will be used for other purposes, ensuring that the community benefits from the unclaimed assets. This redistribution underscores the foundation's commitment to rewarding its community and maintaining transparency in its operations.

In another significant development, the Balance Foundation has announced the token economics for the EPT token. According to the foundation, 15% of the EPT tokens will be reserved for airdrops and community rewards. This allocation is part of the foundation's broader strategy to engage and incentivize its community, fostering a sense of ownership and participation. The launch of the EPT token and the subsequent airdrop are expected to further enhance the foundation's ecosystem, providing new opportunities for growth and innovation.

The completion of the snapshot and the subsequent announcements by the Balance Foundation highlight its proactive approach to financial management and community engagement. By providing a clear snapshot of its financial position and outlining plans for the distribution of unclaimed tokens, the foundation demonstrates its commitment to transparency and accountability. These steps are crucial for building trust with stakeholders and ensuring the long-term sustainability of the organization.