Hyper Foundation: HYPE staking is now live on the mainnet, delegation plan to be released soon
The Hyper Foundation announced on the X platform: "Staking is now live on the mainnet. Staking is a significant milestone for Hyperliquid as it allows a diverse community of HYPE stakers to collectively protect the network. Like other proof-of-stake networks, new blocks on Hyperliquid are proposed by validators in proportion to the amount of HYPE staked with them. Staking is an important responsibility within the Hyperliquid community.
Users can stake their HYPE with trustworthy validators and earn HYP staking rewards. Users may consider different metrics when choosing which validator to stake with, such as uptime, commission rates, reputation, and contributions to the community.
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 locked."
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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