Hyperbeat has unveiled several initiatives aimed at developing the Hyperliquid ecosystem, including innovative financial tools and loyalty programs.
Hyperbeat's Contribution to Scaling Hyperliquid
Hyperbeat assists in scaling the Hyperliquid ecosystem through several key initiatives:
• Liquidity strategies for HyperEVM (Hyperbeat Vaults): these are non-custodial smart contracts that optimize liquidity, offering higher yields and greater financial flexibility.
• Money markets powered by Morpho: enabling lending and borrowing for major assets.
• Mainnet validator node: Hyperbeat runs a validator node for Hyperliquid in collaboration with P2P.org.
Introducing beHYPE: Liquid Staking Token
One of Hyperbeat's significant innovations is the beHYPE project — a liquid staking token developed in partnership with Etherfi. When users stake their HYPE tokens, the smart contract rewards them with beHYPE, allowing them to earn staking rewards while using their tokens in other DeFi operations. beHYPE will also become a cross-chain asset, supported by Etherfi for launch on the Ethereum mainnet.
Hearts Loyalty Program and User Benefits
Hyperbeat is launching the Hearts loyalty program, designed to reward users for active participation in the ecosystem's growth. A total of 51 million Hearts will be available. Users can earn Hearts by engaging with Hyperbeat products and by referring new users through a referral program, which allows them to earn 10% of the Hearts generated by their friends.
Hyperbeat's initiatives are focused on expanding user capabilities and growing the Hyperliquid ecosystem by providing new financial tools and rewards through loyalty programs.
