Hyperlock Finance (HYPER)

Yield & metagovernance protocol built on ThrusterFi and optimized for Blast.

Whitepaper

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Interest lvl

Medium

Updated: Oct 04, 2024

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User Rating

Medium

3/5 • 1 votes

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Ticker

HYPER

Type

Utility-token

Token standard

ERC-20

Registration year2023

Ecosystems

Blast

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.