Hyperliquid Leviathan is still slightly bearish.
They need to turn bullish. That's when the uptrend begins. https://t.co/0KL2BSxGVX
Hyperliquid Leviathan is still slightly bearish.
They need to turn bullish. That's when the uptrend begins. https://t.co/0KL2BSxGVX
This is the most important question in our space currently!
What does the token actually do?
Yes distribution and adoption is the growth driver but without value appreciation to the underlying tokens we will lose the chance to create something way more powerful than “just” equity rights.
Tokens are shapeshifters, they can be everything and nothing.
With DeFi we proved already we can create something way more powerful than tradfi/wallstreet.
Let’s fix the tokens now 🫡
What does the token actually do?
This has been one of the most fundamental unanswered questions in DeFi since the beginning.
Does the token control governance?
Does it have any claim on the treasury?
Does it receive protocol revenue via buybacks or dividends?
Today, we launched Token Rights on DefiLlama.
Token Rights gives you a clear, standardized view of what a token entitles holders to: revenue, treasury, governance, or none of the above.
We’ve rolled this out across two dozen protocols, including additional context like historical governance discussions around token rights and whether teams raised equity separately from the token.
What does the token actually do?
This has been one of the most fundamental unanswered questions in DeFi since the beginning.
Does the token control governance?
Does it have any claim on the treasury?
Does it receive protocol revenue via buybacks or dividends?
Today, we launched Token Rights on DefiLlama.
Token Rights gives you a clear, standardized view of what a token entitles holders to: revenue, treasury, governance, or none of the above.
We’ve rolled this out across two dozen protocols, including additional context like historical governance discussions around token rights and whether teams raised equity separately from the token.