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Hyper Foundation: HYPE staking is now live on the mainnet, and the delegation plan will be released soon

Hyper Foundation: HYPE staking is now live on the mainnet, and the delegation plan will be released soon

CointimeCointime2024/12/30 10:22
By:Cointime

the Hyper Foundation stated on the X platform: "Staking has been launched on the main network. Staking is an important milestone for Hyperliquid because it allows a diverse community of HYPE stakers to collectively secure the network. Like other proof-of-stake networks, new blocks on Hyperliquid are proposed by validators in proportion to the amount of HYPE they stake. Staking is an important responsibility of the Hyperliquid community.

Users can stake HYPE with trusted validators and receive HYP staking rewards. When choosing which validator to stake with, users may consider different metrics, such as uptime, commission, reputation, and community contributions.

The Hyper Foundation will have a delegation program to support high-performance validators and further decentralize the network. More information about this program will be announced separately. Please note that locked tokens can be staked, but their rewards are also locked."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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