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Kinetiq unveils Elysium L2 with HYPE gas – TON BOT

Kinetiq unveils Elysium L2 with HYPE gas

Kinetiq has introduced Elysium, a layer-2 network within the Hyperliquid ecosystem that will use HYPE as its gas token. Elysium aims to increase transaction capacity and target spot markets, PropAMMs, token launches, and HIP-3 perpetual deployments. Kinetiq plans to allocate sequencer fees to KNTQ burns and application incentives.


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