Still wondering what $HAM is?
We put together a deeper dive on the token, the peg, the rebases, and the flywheel behind it.
At the end of the day…
It’s just HAM.
I thought a DEX swap was just 'buy' with extra steps. It isn't — you're trading against a pool, paying gas twice, and reading slippage you don't understand yet.
https://t.co/8NWnhsiEdh
DEV BURNED $80K IN CLAUDE TOKENS IN ONE WEEK BUILDING A MEME GAME, THEN IT WENT VIRAL AND THE COMPANY PANICKED
A Slash employee went rogue. One week. $80,000 in Claude tokens. All to build a meme game with AI.
The game pulled nearly 7,000 players. Ad requests started rolling in. The story exploded across X.
Now the company is scrambling to rewrite its AI usage policy before another dev accidentally speedruns a five-figure API bill.
No cap, this is the most expensive side project ever. Bookmark this one. The next policy meeting is about to be legendary.
@KookCapitalLLC Complete newcomer trying to learn crypto.
Since crypto seems to be very much event based.
What are some good sources for tracking different events that could affect token prices? And what are your general recommendations for a total noob?
(Mic shy).
Just subbed to the free tier of @TheKookLetter.
Without knowing that much about it yet, it sure looks like a promising product to have in the catalog.
Perfect for newcomers and traders looking for an edge.
DAT tokenomics on hyperEVM, explained simply:
Treasury has 1000 $HYPE. You own 1% (10 HYPE).
Protocol rebases -> treasury grows.
Months later, your 1% share hasn't changed, but it now claims 12 $HYPE.
Fixed share + growing treasury = your underlying value automatically scales.
Not only do you capture price exposure to $HYPE, but a growing bag of $HYPE.
Reminder: the supply of HAM in the multisig was acquired at launch to keep snipers from nuking day one.
These funds will be retired — 1% of supply will be burned for every million in market cap, up to $10m market cap.
Bought to protect you, burned to prove it.
lovely product tbh.
the expansion makes it so that your share of supply stays the same, as long as it stays >1.05$ it will grow. and your bags will grow in token amount.
up only and let's go $HAM
The $HAM thesis 👇
It's not a token chasing a price. It's elastic; it breathes.
Above peg it expands. Below peg it contracts. The supply flexes; the $1 target holds. The design isn't about price; it's about the loop. And the loop is farmable.
Farm by staking LP, APR goes brrr, harvest, LP, compound, repeat.
More LPs → deeper liquidity.
Deeper liquidity → better rebase conditions.
Better rebases → a bigger HYPE treasury.
Bigger treasury → more reason to LP and compound.
The loop tightens because every part compounds on the last.
$HAM gud tek
🚨Anthropic just showed a 24-minute workshop on how to actually do prompts for Claude.
Taught by the people who built it.
Free. No registration. No paywall.
I've seen $300 courses that don't cover what they teach in the first 8 minutes.
Watch it and bookmark it now.
autonomous robot driving through the field at night. no chemicals. no pesticides. just UV light killing pathogens and pests while everyone sleeps. this is @tricrobotics.
this is what chemical-free pest control looks like at scale.
tldr what's $HAM about - protocol on hyperevm
it's a treasury company for HYPE, except there's no company. it's just code on EVM
usually with a dat/company it works like this
a company raises money, buys btc, and the stock becomes a way to get btc exposure that tends to trade above the btc it's actually holding.
HAM does that for HYPE. no balance sheet or ceo, just a hyperevm contract that does it on a schedule
here's the mechanism in plain english:
- HAM trades around $1.
- when/if demand pushes it above a dollar, the contract expands supply into that demand and skims a cut, sells that cut for HYPE, and drops the HYPE into a vault that's built to never sell.
- so every time HAM runs hot or gets attention, the pile of HYPE sitting behind it gets bigger. price drifts back toward a dollar, the backing underneath climbs, and this works because hyperliquid (the business) works ok
if you've held a rebase token before (ampleforth, etc) you know the old problem: it rebases into nothing. below peg your bag just shrinks and there's nothing on the other side.
here the difference is the vault and it's designed to not be rebasing constantly, and it's damped so no violent overnight supply swings.
also important to note that it depends on whether you're bullish on hype itself in the next month or two how this performs -> you're exposed and a little bit leveraged to hype itself, so you want to see hype reaching new highs with this