The Hyper Foundation announces that HYPE staking has been launched on the mainnet

2024-12-30 17:48:20
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ChainCatcher message, the Hyper Foundation stated on the X platform: "Staking is now live on the mainnet. Staking is an important milestone for Hyperliquid as 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 staked HYPE. Staking is a significant responsibility for the Hyperliquid community.

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

The Hyper Foundation will launch 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 may be staked, but their rewards will be locked."

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