The problem

Elysium uses HYPE as its gas token. That creates three frictions that chains with a neutral gas token don’t have to the same degree:

  1. Every transaction burns an asset you want to hold. HYPE is the trade of the ecosystem, not a utility token. Paying thousands of launchpad transactions in HYPE is selling HYPE slowly.
  2. The first-step wall. A wallet that arrives on Elysium with tokens but zero HYPE cannot do anything. Every app loses users at the “go get gas” step.
  3. HYPE on Elysium is dead capital. It sits in wallets earning nothing, while the same HYPE staked with Kinetiq earns yield.

Ichor turns the three frictions into one action.

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