🚀Proof of Burn 2.0

Project Burning

Projects built on top of HYPER can earn a % of all the HYPER their protocols burn. This incentivizes builders to build and improve the ecosystem.

Protocols can decide what % of HYPER their protocols get as rewards, up to 8%, or they can do a combination of % reward & % given back to the users.

Example: they could set 3% dev reward fee + 5% HYPER rebate to the user. This would reward them with 3% of all HYPER burned by their protocol & give 5% of the burned HYPER back to the user, this 5% would have otherwise been burned, rewarding both the user & the protocol.

We believe in capitalism & meritocracy.

When builders add millions of dollars of value to the ecosystem and dedicate time & resources towards furthering the mission, they deserve to get paid handsomely.

Cashback %

Project developers can set a "rebate" or "cashback" % (same thing) where they give a % of the HYPER burned back to the user, up to 8%.

This applies to burning liquid HYPER and staked HYPER. not Miners.

Builder Reward %

Projects developers need to get rewarded for their time & effort invested in the community. Therefore, they can set a builder reward %, up to 8%, of all the HYPER burned for their protocols. Builders should be & will be rewarded for their work. This is part of the core values of HYPER.

This applies to burning liquid HYPER and staked HYPER. not Miners.