βοΈStaking Pool
Overview
The Staking Pool is the core smart contract of HypurrStake. It manages user deposits, distributes staking rewards, and processes withdrawals β all while issuing liquid staking tokens ($hsHYPE) in return.
This allows users to participate in securing the Hyperliquid network and earn yield, without sacrificing liquidity.
How It Works
Deposit $HYPE Users deposit native $HYPE tokens into the staking pool.
Receive $hsHYPE Upon deposit, users receive an equivalent amount of $hsHYPE β a liquid staking token that represents their staked position.
Rewards Accumulate As the pool earns validator rewards over time, the value of $hsHYPE increases, rather than its quantity. (1 $hsHYPE = more $HYPE over time)
Withdraw Anytime Users can burn $hsHYPE to redeem $HYPE tokens. Some protocols may offer instant liquidity, while unstaking directly from the pool might involve a delay or queue, depending on network constraints.
Key Features
β Fully Automated β Users donβt need to worry about validator selection or reward claiming.
π Composable β $hsHYPE is transferable and can be used across DeFi protocols.
π§© Validator Management β The staking pool automatically distributes stake across a set of trusted node operators.
π Security-first β Funds are held in audited smart contracts and slashing risks are minimized through validator monitoring.
Why It Matters
Traditional staking locks your assets and limits your DeFi options. HypurrStake's staking pool unlocks liquidity and makes staking accessible, flexible, and DeFi-ready β all with minimal friction.
Last updated