According to HYPE’s official documentation, payables are accrued daily: for each UTC 00:00, the Hyperliquid related balance XiXi is multiplied by that day’s AQA rate RATEiRATEi. After summing over the 30-day interval, 8 days after the interval ends, it is automatically transferred into the Assistance Fund. If the balance is insufficient, the 500,000 HYPE that the treasury has staked may be forfeited at a penalty of 2% per day.
The formula provided by the AI below again calls for destroying 5430 units of $HYPE
today.