You started with a genuine question, but your assumptions show your bias. I'll do you the respect of correcting this.
HYPE Engine buys HYPE and that goes to users in the HYPE Engine Vault. The team has zero veNEST in the HYPE Engine Vault and receives ZERO from the HYPE Engine.
The Assistance Fund very clearly states in the docs that all rewards are used for NEST buybacks -> growth initiatives. ZERO of these go to the team.
Ecosystem Fund has been used for NEST buybacks.
Growth Treasury are not being utilized. This is liquid NEST.
Coinbase is now the official deployer of @HyperliquidX's USDC treasury wallet.
We will be activating AQAv2 from the two addresses below:
0x4E5319dEb1072B01439EE674db5C321d11fd96F8
0xc20699185c15D0a2fD65779BB5d69f5b0B113c00
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🚨 WOW! TREASURY SEC. SCOTT BESSENT just DROPPED this line on Elizabeth Warren
"45% of our small and community banks DISAPPEARED since the great financial crisis. Senator Warren likes to say, 'Ooh! We might have a bank failure!'"
"She KILLED 45% of the small banks!"
🫳🏻🎤
yeah so crypto wasn't dead the last 5 times when literally none of it worked
but now that it works and we're about to pass the biggiest piece of legislation in its history, that's when it will die
or perhaps you're all just emotional
ATHs soon
Cue the Arthur Hayes playbook
> Buys some spot
> Gives a public call for a price target
> Coordinates with private group chat to sell
> (bonus! participants place shorts while dumping)
> Tweet about the sale, and plans to release an article about it
Pretty sure this constitutes at least some time in jail in some jurisdictions?
Tokens are better than stocks
Every step of the way, even raising funding is more streamlined and transparent
Our space was just filled with scammers who pretended to be good actors by using our good faith tools
But if genuine people used these tools to build real companies it would be an unlock in a lot of ways... As collateral, borrowing, liquidations, getting liquidity, seeing revenues, accounting, etc.
Thankfully we have hyperliquid - the golden star that proved this
In the coming year, a few more projects will shine through and we can stop being a blackpilled gambling scammer crime fuelled branded industry
Because in the last few years everyone that got attracted was dumped on with valueless not even governance tokens
So whats gonna bring them back when the stock market is the new casino with better “investor protections”?
More hyperliquids
Strap in, prove you're not a scammer, and be rewarded with the cleanest financial instrument in history: tokenization
@NestExchange buyback mechanism is pure genius:
Every week, the HYPE Emissions Vault (HEV) auto-compounds rewards into $NEST buybacks
The numbers are INSANE:
Weekly revenue: $273K (this week)
HEV buyback allocation: ~23%
$63K this week in organic buybacks (start tomorrow and end Monday)
$3.26M annually in forced demand (if keeping same fees, I project this will be higher though)
→ More trading fees = more buybacks
→ More buybacks = more veNEST locked
→ More veNEST = higher yields
→ Higher yields = more TVL ($23M and climbing)
→ More TVL = more fees
It's a perpetual demand machine 🔥
At $7.56M market cap with $7.59M annualized revenue, $NEST is trading at 0.99x P/S ratio.
The flywheel is accelerating 💎