KinetiqKinetiq KIP-5 redirects buybacks to Hyperliquid Assistance Fund
The Kinetiq protocol published KIP-5, a proposal to redirect all purchased KNTQ tokens to the Hyperliquid Assistance Fund. Kinetiq says it has programmatically executed KNTQ purchases derived from protocol revenue for the last five months, and that effective immediately these purchases will accrue to the HL Assistance Fund.
Sources
- The Kinetiq protocol has been unconditionally and programmatically executing purchases of KNTQ, entirely derived from its protocol revenue for the last 5 months. Effective immediately, they'll now accrue to the HL AF: https://t.co/xAudoGj5LG https://t.co/aI7zuhlkyF Replying to their earlier post: KIP-5: Redirect All Purchased KNTQ to the @HyperliquidX Assistance Fund https://t.co/V3v1qamB9Mx.com ↗
- KIP-5: Redirect All Purchased KNTQ to the @HyperliquidX Assistance Fund https://t.co/V3v1qamB9Mx.com ↗
Kinetiq
