Overview
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What is Hyperlock Finance
Hyperlock operates as a meta-governance protocol, yield enhancer, and liquidity marketplace constructed atop Thruster. To facilitate the rapid scaling of Thruster and ensure the continual growth of liquidity, a VE token system (veTHRUST) is being introduced. Hyperlock will consolidate veTHRUST and redistribute its value. Allowing protocols to bootstrap liquidity and utility for their tokens while simultaneously enabling liquidity providers to obtain boosted yields.
For THRUST stakers, can lock their THRUST and mint a liquid staking token called hyperTHRUST that represents the veTHRUST locked up for the maximum time in Thruster’s VotingEscrow contract. hyperTHRUST can be staked to receive Thruster rewards, performance fees, and HYPER.
DetailsIDO (Fjord Foundry): Oct 07, 2024 - Oct 10, 2024LegalBlockchain Platform: BlastRegistration year: 2023 | Token infoTicker: HYPERType: Utility-token Token standard: ERC-20 Token distribution: 4% - LBP 4% - Points Airdrop 2% hyperTHRUST bootstrapping 45% - LP Stakers 10% - Treasury 9% - Contributors 2% - vlAURA Airdrop 9% - vlAURA Stream 5% HYPER liquidity incentives 10% - hyperTHRUST liquidity incentives |