- Hyper Foundation launches staking on Hyperliquid mainnet
- HYPE owners get additional features and a role in the system
Hyper Foundation is launching staking on Hyperliquid mainnet, giving stakers better capabilities while improving the security of network resilience. They recommend considering additional factors for choosing a trusted validator, including uptime, commission rates, and reputation.
More About Hyperliquid Staking
According to an announcement in X, Hyperliquid staking is now available on the mainnet, which means that HYPE owners can earn rewards for new blocks on HyperLiquid that are proposed by validators in proportion to the HYPE staked to them. This helps to have interest while contributing to making the network more resilient and secure.
Hyper Foundation notes that there are several factors to consider when choosing a trusted validator, such as validator uptime, commission rates, reputation, and community contributions.
Moreover, Hyper Foundation is going to further develop network-strengthening initiatives and launch a Delegation Program aimed at rewarding high-performing validators, but the details are not yet known.
This is a strong boost to Hyperliquid, which already has a pretty rich ecosystem including several key protocols like HyperSwap, Kittenswap, and Curve, as well as credit, staking, and stablecoins features supported by platforms like Stakedep, Thunderhead, and Kinetic.
Conclusion
This is good news for all HYPE owners and Hyperliquid fans. Let’s hope the implementation proves worthwhile. Be aware and stay tuned.
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