In order to better promote the healthy development of the Hpdex ecosystem, after fully collecting opinions and suggestions from the Hpdex community, Hpdex has directly destroyed 90% of the unissued HPD, a total of 900 million tokens. The initial design total of HPD was 1 billion pieces. 900 million HPD tokens were destroyed this time, which means that the total amount of HPD has dropped sharply from 1 billion to 100 million.
On 7th September, 2021, Hpdex conducted an airdrop of 20 million HPD to all addresses holding HPB, of which more than 1.3 million HPD that was not airdropped by some exchanges was burned. On 5th January, 2022, Hpdex launched the first phase of liquidity mining to release a total of 10 million HPD. After these two releases, the early HPD market circulation will be about 28 million. In the future, the remaining 70 million HPD will be released to the Hpdex community through liquidity mining and other methods.
Hpdex is a completely community-driven, decentralized exchange built on HPB, currently listed assets include HPB, ETH, USDT, HPD, ESR, WHPB, Steam, 420, HBB, DON, KING, ONE, etc.