After the ticker: burns and HIP-3

Once YIELD is listed, the gauge has one job left.

Buy and burn

The creator fees keep flowing into the gauge. The keeper calls burn(), which buys $YIELD on its Ascend market and sends it to Ascend's burn sink, a contract with no way to move tokens out. Ascend coins refuse the 0xdEaD address, so the burn sink stands in for it. The totals show in the journal and on the home page.

HyperCore fee share

The deployer fee share on HyperCore is set to the maximum. Every Monday it is swept back to Elysium and also burns $YIELD.

HIP-3

A perpetual market needs 1,000,000 HYPE staked by its deployer. Yieldium files a request with Markets.xyz once $YIELD passes its published volume thresholds. Kinetiq decides.