Express

Ether.fi to Launch HyperLiquid Ecosystem, Introduce beHYPE Staking Token

Summary: In a recent announcement, Ether.fi revealed plans to enter the HyperLiquid ecosystem and collaborate with DeFi protocol HyperBeat to launch a liquidity staking token called beHYPE. The project will initially open a multi-signature secured reserve fund called preHYPE, where users can deposit funds early to enjoy early rewards and receive HyperBeat incentive points called 'hearts'. ...

In a recent announcement, Ether.fi revealed plans to enter the HyperLiquid ecosystem and collaborate with DeFi protocol HyperBeat to launch a liquidity staking token called beHYPE. The project will initially open a multi-signature secured reserve fund called preHYPE, where users can deposit funds early to enjoy early rewards and receive HyperBeat incentive points called 'hearts'. The reserve fund will transition to fully smart contract control within six weeks. Currently, the total locked value in HyperEVM has exceeded $2 billion. (CoinDesk)

Last Update:

Tags:
Link: Ether.fi to Launch HyperLiquid Ecosystem, Introduce beHYPE Staking Token [Copy]

Last: US Stock Market Closing: Mixed Performance for Three Major Indexes, Circle Drops 4.71%, Coinbase Rises 2.2%

Next: Hackers continue to exploit TeleMessage vulnerability, multiple attack attempts reported

BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 3 days ago

BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 4 days ago

Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 15 days ago

When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 16 days ago

Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 18 days ago