
Jun Wick (Ex. NFTSiblings)
2.3K posts

Jun Wick (Ex. NFTSiblings)
@JunWicks
Journey to 9 figs. Trading digital assets since 2014. Ex. Tech Lab CEO | Ex. Sibs | Ex. Karafuru | Partner @Stake







Pretty excited for the unlocks the @HyperliquidX staking referral system might enable in combination with HIP-3. At its core, the staking referral system continues to evolve HYPE into an active, productive asset. TLDR on staking referrals, which were announced earlier this week: Large HYPE holders (could be individual whales, trading firm, funds, etc) can earn up to 40% of the trading fees generated by users they refer by staking HYPE and providing referral or builder codes. This creates a flywheel where staked capital drives user growth, which in turn generates fee-based revenue. However, the most interesting aspect here imo lies in the way that the staking referral system can allow (and incentivize) large HYPE holders to collaborate with builder code businesses. They serve as a great mechanism to push idle HYPE capital to become, as mentioned above, a truly productive asset and foster further growth of the HL ecosystem, which can then drive further value back to HYPE. Uniting the builders and the whales and potentially creating a new form of Hyperliquid-native accelerator in one system. Hyperliquid






moneyneversleeps episode 17: redbeard (benny), eli and RD twitter.com/i/broadcasts/1…






















