$HYPE 🚨BREAKING: Elysium mainnet has just launched, with transaction fees directly burning HYPE
Today, Kinetiq launched Hyperliquid ecosystem L2 Elysium on its public mainnet. Block time is around 100 ms, and settlement takes place on HyperEVM (according to Kinetiq’s official blog and CoinPaper).
Compared with HyperEVM, Elysium does not issue an additional token. Gas is paid only in HYPE, and fees can be paid by bridging HYPE 1:1 from HyperEVM—giving the same coin an additional L2 fuel layer #hype
Today, Kinetiq launched Hyperliquid ecosystem L2 Elysium on its public mainnet. Block time is around 100 ms, and settlement takes place on HyperEVM (according to Kinetiq’s official blog and CoinPaper).
Compared with HyperEVM, Elysium does not issue an additional token. Gas is paid only in HYPE, and fees can be paid by bridging HYPE 1:1 from HyperEVM—giving the same coin an additional L2 fuel layer #hype