Hyperverse has added dogecoin pools as part of ongoing efforts to reduce withdrawal liability.

Hyperverse’s first dogecoin pool was added on January 27th. The pool allows Hyperverse investors to exchange HVT for a share in 4 million DOGE.

As of yesterday the pool held 487,664 HVT. DOGE is currently trading at 14.2 cents.

This results in each HVT share paying $1.17 each.

HVT is currently publicly trading at $6.88. The result is Hyperverse slashing its HVT withdrawal liability by 82.9%.

Due to ongoing withdrawal restrictions since
HyperFund’s collapse
last December, Hyperverse investors are willing to take whatever they can get for their HVT.

Hyperverse has exploited this desperation by offering
similar withdrawal liability reductions in BTC
,
punishing investors who don’t recruit with non withdrawable GNX tokens
, or simply
blocking withdrawals altogether
.

Dear User,

Risk notification of the account.

Your account asset consists of abnormality! HyperVerse has stopped your payment of bonus income and restricted temporarily the transfer and withdrawal, with a risk of number theft there may be.

Please finish the identity authentication as soon as possible to resume your normal capital transaction and guarantee fund security.

This stops both withdrawals and daily monopoly money ROI accrual in the backoffice.

Hyperverse owners Ryan Xu and Sam Lee 
fled to Dubai
 last year. They are 
on the run from liquidators in Australia
and haven’t been seen in months.

🤖 Quick Answer

What is the Hyperverse dogecoin pool initiative?
Hyperverse introduced a dogecoin pool on January 27th, enabling investors to exchange HVT tokens for shares in 4 million DOGE. The pool mechanism allows token holders to convert their holdings into cryptocurrency with significantly reduced valuations compared to market rates.

How does the dogecoin pool affect HVT token value?
The pool offers $1.17 per HVT share while the token trades at $6.88 publicly, representing an 82.9% reduction in withdrawal value. This mechanism effectively reduces Hyperverse's withdrawal liabilities by accepting substantially discounted conversion rates from investors seeking liquidity.

Why are Hyperverse investors accepting reduced withdrawal values?
Persistent withdrawal restrictions since HyperFund's December collapse have limited investor access to funds. Facing ongoing liquidity constraints, investors accept alternative redemption options through cryptocurrency

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