Elysium mainnet launches for Hyperliquid’s Kinetiq L2
Elysium, Kinetiq’s value-accretive L2 for Hyperliquid, launched mainnet after a four-week public test run starting with the 22 September testnet. The L2 moves from testing into production, and half of sequencer revenue will buy and burn KNTQ programmatically.
Elysium, Kinetiq's value-accretive layer 2 for Hyperliquid, has launched its mainnet after a four-week public test run that began with the 22 September testnet. The launch moves the L2 from testing into production, with half of all sequencer revenue programmatically buying and burning KNTQ.