Hyperpie
  • Terms and Conditions
  • Welcome to Hyperpie
    • Intro
    • Incentive Alignment and Ecosystem Synergy
  • Features
    • Liquid Staking (mHYPE)
      • Validators
    • MEME Launchpad
      • MEME Launchpad Fees
    • MEME DEX
      • Meme Dex Fees Distribution
  • Tokenomics
    • HPP Token
      • Initial HPP Distribution
      • HPP Emission
      • veHPP
      • Rewards Sources and Distribution
  • Rewards
    • Hyperpie Points (Drops)
  • Hyperpie Guides
    • Staking HYPE on Hyperpie
    • How to Buy HYPE Tokens
    • Bridge HYPE to HyperEVM
  • Tech Stack & Media kit
    • Security
      • Audit
        • Supremacy Audit
        • AstraSec Audit
      • Real Time Monitoring
    • Oracle
      • PYTH
    • Smart Contracts
    • Media Kit
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On this page
  • veHPP Mechanism
  • Forced Unlock Penalty
  1. Tokenomics
  2. HPP Token

veHPP

veHPP is the locked version of HPP

PreviousHPP EmissionNextRewards Sources and Distribution

Last updated 2 days ago

veHPP Mechanism

1

Stake HPP

HPP holders can lock their tokens for a set period to receive veHPP. The longer they lock, the more voting power they get for each HPP.

  • Lock Duration: 1 week to 1 year.

2

Get veHPP

veHPP holders gain access to rewards, boosts, direct liquidity mining incentives on the platform and governance.

3

Governance and Voting

Your veHPP determines both the strength of your governance votes and your share of fee rewards, etc.

  • Voting Power: Scales linearly with lock duration (1 year = 1 veHPP per 1 HPP).

4

Incentive Boosts

veHPP holders can unlock boosted rewards when providing liquidity, ensuring their long-term commitment translates into higher benefits.

Note: veHPP is a Non-transferable ERC20. It cannot be transferred.

Forced Unlock Penalty

Remaining Lock Time
Penalty Applied

1 year

50%

6 months

25%

3 months

12.5%

0 months

0%

All penalty tokens are burned, reinforcing deflationary pressure.

veHPP Token