Hyperlane Foundation to Airdrop 57% of HYPER Tokens to Community on April 22nd

Coin WorldThursday, Apr 3, 2025 10:14 am ET
1min read

The Hyperlane Foundation has announced that it will open the HYPER token airdrop claim on April 22nd. This initiative is part of the team's plan to distribute tokens to the community, with a significant portion of the supply allocated to users. The airdrop will commence on April 22nd, and users can verify their eligibility to claim HYPER tokens through a portal website provided by the Hyperlane Foundation before April 13th.

The token distribution will primarily target the community, with 57% of the supply allocated to users. The remaining circulating tokens will be distributed to the core team (25%), investors (10.9%), and the foundation's treasury (7.1%). The airdropped tokens received by community users will be fully unlocked, while tokens for the core team and investors will be locked up for the first 12 months.

This airdrop is a strategic move by the Hyperlane Foundation to engage and reward its community. By allocating a majority of the tokens to users, the foundation aims to foster a sense of ownership and participation within the community. The locking mechanism for the core team and investors ensures that these stakeholders remain committed to the project's long-term success, as they will not be able to sell their tokens immediately.

The Hyperlane Foundation's decision to open the HYPER token airdrop claim on April 22nd is a significant development for the interoperability protocol. This move not only rewards the community but also sets the stage for future growth and development. The airdrop is expected to generate interest and excitement among users, potentially attracting new participants to the Hyperlane ecosystem.