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The wealth effect of kinetiq:native is about to begin, sparking an onchain movement similar to when Solana generated a wealth effect and started a multi-year onchain bull run. Some of the best times of trenching were during the Solana wealth effect era. When it had ran from $8 to $290 over 2 years, onchain flourished incredibly well and many traders were able to achieve generational wealth. We are seeing the same exact setup on kinetiq:native, and have built @AscendLaunch the most participant-aligned launchpad, built on Elysium, the value-accretive L2. For the first time, an L2 and its leading launchpad are aligned around growing ecosystem value rather than extracting it. We have positioned the premier launchpad as value-accretive to the entire Elysium ecosystem, from the foundation ($HYPE) to the Layer 2 (kinetiq:native) and finally to participants on our launchpad (traders, stakers, and builders). Rather than develop a launchpad token, we have chosen to adopt kinetiq:native as our protocol token, and have made major improvements to our tokenomics upping our KNTQ buybacks to 80% of protocol fees going into buying KNTQ, burning it, and deploying it strategically. This, paired with 50% of Elysium sequencer fees going to buying back and burning kinetiq:native makes the setup extremely asymmetrical. We believe that if kinetiq:native does well, so will onchain, which will mean that Ascend does well making our participants have an even stronger flywheel. KNTQ does well -> Elysium does well -> Ascend does well -> Traders, builders, stakers do well -> KNTQ does well. This is the flywheel and wealth effect we expect to see with kinetiq:native. The problem: Traditional launchpads extract liquidity through competing protocol tokens, fees that leave the ecosystem, and little sustained demand for launched tokens. Our solution: No protocol token. Instead, Ascend has adopted kinetiq:native as our protocol token. 90% of Ascend protocol fees buy back KNTQ (80%) and HYPE (20%). The remaining 10% is the team treasury. Staking: Users stake HYPE via kHYPE on Ascend, directing yield toward ecosystem token buybacks while earning four reward streams: HYPE, ecosystem tokens, KNTQ, and boosted DEX referral fees. 20% HYPE allocation: - 50% Staker rewards - 50% Protocol-owned staked HYPE on Ascend 80% KNTQ allocation: - 40% Burnt - 60% deployed strategically across ecosystem token buybacks, Ascend points program, protocol-owned KNTQ LP across Ascend token pools + kHYPE - Traders: No competing protocol token extracting liquidity from their positions. Ecosystem buybacks from protocol fees + staking yield. - Tokens: Recurring buybacks funded by protocol fees and staker yield. Supported LP depth from Ascend treasury. - Builders: No launchpad token competing for liquidity, grants, launches with dedicated buyback support through Ascended listings, and a growth path to HyperCore spot and HIP-3 perps facilitated by Kinetiq's HIP-3 Perps DEX, as well as rev share from Ascend via our Strategic Partnerships. - Stakers: Multiple reward streams while supporting ecosystem growth. Unlocking new capital: Rather than recycling the same liquidity across Solana, Base, and Robinhood, Ascend gives HYPE holders a way to deploy sidelined capital into new ecosystem launches. The Elysium advantage: While other L2s retain sequencer revenue, Elysium directs 50% toward KNTQ buybacks and 25% toward builders. Ascend commits 100% of its sequencer-fee allocation to grants for builders launching on Ascend, creating a powerful incentive to build on Elysium instead of competing ecosystems such as Base & Robinhood. The scale: At $5M/month in Elysium sequencer fees, a 10% allocation to Ascend would generate $500K/month in builder incentives, funding grants, HyperCore spot listings, AMM liquidity, etc. For reference, Robinhood generated $14M in sequencer fees in a 30-day period, while Base generated approximately $75m in a 1 year period. Further, the buyback effect of a top launchpad on HYPE, KNTQ, and ecosystem tokens are significant. In September, the 30d total of fees generated across top launchpads: PUMP ($165M), PONS ($132M), Flap ($41M), Stonkfun ($27M). At scale, Ascend would contribute mid 6-figures to low 7-figures of daily buybacks to HYPE & KNTQ. The vision: Make Ascend the obvious place to build, trade, and stake. Stakers are the backbone of Ascend, and will receive many benefits of the protocol's success with many rev shares in place. Builders are attracted by grants, sustained buyback support, a clear path to HyperCore spot and HIP-3 Perps through Kinetiq, and eventually becoming an Ascend Strategic Partner. Traders are attracted by PVE tokenomics where protocol activity strengthens the ecosystem instead of extracting from it. Together, these create a flywheel: better incentives attract better builders, better launches attract more traders, and more activity drives even greater buyback support and ecosystem growth.

Buybacks of kinetiq:native have Ascended to 80% from 50%. November 9th. Ascend to Elysium.

Incredibly bullish news for the Hyperliquid ecosystem today. Never thought id see both @fomo and @Pumpfun bullpost Elysium Thinking about the post @Lamboland_ made a few months ago about building on Hyperliquid. One of the best times to be a builder in the Hyperliquid ecosystem is NOW Nobody could have predicted that after everything calmed down, the next meta would be lead by Kinetiq. GG to everyone who stayed locked in and trusted the bros.

Ascend will be integrated Day 1 on @fomo. Ascend to Elysium.

fomo will support @Enter_Elysium from day one. November 9, 2026.

Ascend is committing up to $250,000 to builders and creating a path for exceptional teams to earn directly from Ascend’s revenue. Introducing the Ascend Builder Incubator and Ascend Strategic Partner Program. Builders from every chain are welcome. DeFi protocols, memecoins, experiments with perps and outcome markets, AI products, consumer apps, and more. Come build and launch with Ascend. 1. Ascend Builder Incubator We’re allocating up to $250,000 in direct funding across selected incubator teams, with the potential to increase this commitment if we see an exceptional influx of high-quality projects. Builders will also receive KNTQ incentives through Ascend Points, hands-on development support, coordinated distribution, and targeted introductions to institutions, VCs, and ecosystem partners. They will also work with our new tokenomics and onchain growth specialist on token design, incentives, GTM strategy, and launch execution. His experience includes advising Pumpfun, Variational, and Monad as well as onchain projects reaching 9-figure valuations. Builders will also work directly with @tago_capital, a design, product, and development studio whose clients have collectively raised $80M in venture capital. Their team brings experience building with J.P. Morgan, Atlassian, the University of Oxford, Commonwealth Bank of Australia, Canva, Macquarie Bank, and Infinex. Qualifying projects can pursue Ascended status and ecosystem buybacks, HyperCore spot listings, and eligible HIP-3 perpetual markets facilitated by our partner @Kinetiq_xyz 2. Ascend Strategic Partner Program Exceptional incubator teams and leading Ascend projects can earn a long-term economic partnership with Ascend, receiving the full incubator package plus recurring allocations from a dedicated portion of Ascend’s revenue. We’ll select one inaugural Strategic Partner from the incubator, based on product quality and our conviction in the team’s ability to execute. Each partner’s revenue allocation is split: 75% paid directly to the project’s treasury for development, salaries, and growth. 25% toward automatic open-market buybacks of the project’s token, separate from existing ecosystem buybacks for which it qualifies. This gives selected teams another income stream from Ascend itself, extending beyond their own token’s trading activity. Direct treasury payments require no token sale, helping fund development and operations without relying entirely on creator fees or selling tokens. Builders gain an ongoing financial relationship with the platform they help grow. Allocations depend on eligible Ascend revenue actually received. Apply to the incubator: forms.gle/WaMxDAimH2RkdxrX8 Tag a builder or project you wanna see on Ascend. We’ll select some of our favorite nominations for Ascend NFT whitelist spots.

Ascend has submitted staking contracts to independent security auditors. Before mainnet, the contracts responsible for Ascend’s staking system will go through third-party review. Security is a core part of how we’re preparing Ascend for mainnet. We’ll share the completed audit report once the review is finished. Ascend to Elysium.