Elysium Launches Hypesium to Promote Creator Incentives
2026-11-10 02:33:19
According to CoinMeta, Elysium has launched its Layer 2 network Hypesium, which focuses on Hyperliquid. The launch attracted promotional posts, with advertisements claiming to offer 1500 USDT and token distributions to content creators. Kinetiq Research announced that the public mainnet of Elysium will go live on November 9th, describing it as an Ethereum-compatible network built on Arbitrum technology, using Hype as the native gas. It promotes a block time of 100 milliseconds and a target of 300 million gas transactions per second. Hype moves in a one-to-one manner between Hyperevm and Elysium, without the need for wrapped tokens. Half of the Sequencer revenue will be used for KNTQ repurchases, and 25% will be used to incentivize developers who generate block space. The Starlist Hypesium campaign lists a competition; the top 20 creators will share 1500 USDT, while participants ranked 21 to 100 will receive 1% of the Hypesium token supply at the time of the token launch.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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