On September 10, the Hyperliquid team announced that teams bidding for USDH must submit their proposals by 10:00 UTC on September 10; validators will publicly disclose their voting targets by 10:00 UTC on September 11. Users can delegate their stakes to validators who align with their preferences before validator voting begins at 10:00 UTC on September 14. Voting weight will be calculated based on the amount staked, and the foundation will effectively abstain.