💧Liquid Staking Token
What is $hsHYPE?
When you stake $HYPE through HypurrStake, you receive a liquid staking token called $hsHYPE. This token represents your staked $HYPE and automatically accrues rewards over time.
Unlike traditional staking, where your assets are locked, $hsHYPE stays liquid — you can transfer, trade, or use it across the DeFi ecosystem.
How It Works
Stake $HYPE → You receive $hsHYPE at a 1:1 ratio.
Rewards Accrue → The exchange rate of $hsHYPE to $Hype increases over time (e.g., 1 $hsHype = 1.05 $HYPE after rewards).
Redeem Anytime → Burn $hsHYPE to get back your $HYPE + accumulated rewards.
Why Liquid Staking Matters
Tokens are locked
Tokens remain liquid
Requires unstaking delay
Can be traded anytime
Limited DeFi utility
Usable as collateral or LP
Manual reward claiming
Auto-compounding rewards
Use Cases of $hsHYPE
✅ Yield farming: Stake your $hsHYPE in DeFi protocols to earn additional rewards.
🧱 Collateral: Use $hsHYPE as collateral in lending platforms.
💱 Liquidity pools: Pair $hsHYPE in DEX pools to earn trading fees.
🗳️ Governance: Vote on HypurrStake proposals (if governance is implemented).
Benefits
Liquidity: Your assets stay usable while earning rewards.
Flexibility: Move your $hsHYPE freely, just like any token.
Transparency: Reward accrual and exchange rates are fully on-chain.
Last updated