Welcome to HypurrStake

Documentation is still a work in progress.

The leading liquid staking protocol on Hyperliquid network.

What is HypurrStake

HypurrStake is the leading liquid staking solution - providing a easy way to get rewards on your digital assets. By staking with HypurrStake your tokens remain liquid and can be used across ecosystem protocols, getting extra rewards.

  1. Staking pool. Protocol to manage deposits, staking rewards, and withdrawals.

  2. Liquid Staking Token. Unlike staked tokens, the token are freely transferable instead of locked as in the case of native staking. HypurrStake enables users to utilize their staked assets as collateral while engaging in DeFi protocols.

  3. Node Operators. They are entities responsible for maintaining a secure and reliable infrastructure to run validator nodes, supporting the protocols. As dedicated staking providers, they ensure the safety of user funds and the accuracy of validator operations.

HypurrStake will serve as the cornerstone of the Hyperliquid network.

Liquid Staking

Problem

Typically, in a Proof of Stake network, the network is secured by a group of validators, who in turn are secured by financial security. In return for locking these tokens, validators are rewarded according to the number of tokens they hold.

In order to maintain economic security, there is usually an unbundling period when attempting to unlock tokens. It limits the opportunities of generating extra returns on those tokens from the DeFi ecosystem. In addition to this issue, the user experience and interacting with multiple systems can be a tedious and painful process.

Solution

Liquid staking overcomes the usual limitations of traditional staking, enabling users to earn rewards while retaining liquidity and the ability to engage in DeFi. In addition to these clear advantages, liquid staking further benefits users by:

  • Simplifying the staking process by eliminating the need for hardware setup and ongoing maintenance.

  • Allowing users to earn rewards with any deposit size, regardless of minimum staking requirements.

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