Hyper Foundation Launches Staking on Hyperliquid Mainnet

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.

Hyperliquid Staking Now Available on Mainnet

Hyper Foundation announced the launch of Hyperliquid staking on the mainnet, enabling HYPE stakers to earn rewards for new blocks on HyperLiquid that are proposed by validators. The rewards are proportionate to the HYPE staked to them.

This encourages participation in the network while contributing to making it more resilient and secure. Hyper Foundation also highlighted several factors to consider when choosing a trusted validator, including validator uptime, commission rates, reputation, and community contributions.

Moreover, Hyper Foundation mentioned that they will continue to develop network-strengthening initiatives and launch a Delegation Program aimed at rewarding high-performing validators, but the details are yet to be announced.

This marks a significant development for Hyperliquid, which already boasts a diverse ecosystem. Several key protocols are integrated into the network, including HyperSwap, Kittenswap, and Curve, along with credit, staking, and stablecoins features supported by platforms like Stakedep, Thunderhead, and Kinetic.

Conclusion

In summary, Hyperliquid staking is now live on the mainnet, offering HYPE stakers the opportunity to earn rewards and contribute to the network's resilience. Several factors should be considered when selecting a trusted validator, and Hyper Foundation will introduce further initiatives to strengthen the network.

This is not financial advice. Please carry out your own research and consult a qualified financial advisor before making any investment decisions.