DestiniFi retweeted
You can now liquid stake your $HYPE with ValiDAO through our staking UI.
Liquid staking your HYPE with ValiDAO through @stakedhype earns you points, convertible to VDO at the conclusion of our incentive program on April 1st.
As a reminder, we're allocating 15% of the total supply of VDO to Hyperliquid stakers - liquid and native stakers alike.
Liquid stake your life in the here and now: app.validao.xyz/stake/sthype
DestiniFi retweeted
Currently you can buy a top 4 $HYPE validator (other than team validators) and it is sitting at $8m mcap, which earns you a stake in the validator and it's revenue
Hype is just one of many chains they operate on
...and it lists on hype soon
Have held my $VDO for more than a year and I can't wait for it to get its flowers because it is literally free
DestiniFi retweeted
As we prepare for upcoming tokenomic changes, including launch on the HL spot market, we’ve turned off trading fees on $VDO.
Over the past year, ValiDAO has grown from 0 into the largest community-owned, multi-chain validator in the industry. With zero outside funding, taxes have served us well, but our new chapter starts today.
Happy Boston VDO party!
DestiniFi retweeted
Stake with ValiDAO to earn points that convert to our $VDO token—soon bridgeable to Hyperliquid (HIP‑1) for spot trading.
The people’s validator for the people’s chain
DestiniFi retweeted
Why are we allocating such a large portion of the $VDO token supply to HYPE stakers with ValiDAO?
In the words of El Jefe:
Because when you see a 100x, you go all-in to make it happen.
We’re putting a significant chunk of our supply on the line because we’re convinced about Hyperliquid’s potential and want to help secure the network. Attracting stake is crucial to that goal.
Just like Hyperliquid, ValiDAO is entirely grassroots and community-owned. In just over a year, we have scaled our TVL from $0-$150m. This incentive program lets us distribute $VDO ownership to the early Hyperliquid bullievers, and we couldn’t ask for a better match.
So stake with ValiDAO, own a piece of your validator, and join us on this ride. We’d love to have you on our team.
Yours truly,
ValiDAO
DestiniFi retweeted
$VDO is a top 50 coin by end of cycle and everytime it gets some love I am overjoyed. The team is great, the concept is great, it deserves infinitely higher than this
Decentralized validating is a core issue, in that, it doesnt actually happen often, but also a core belief of crypto with most thinking it's a necessity. Vitalik himself has even written a medium on the issue
Top tier team with constant outreach to new chains - got on the hype train long before CT
As alt season ramps up and utility coins start ripping validao benefits and increases the revenue it is earning through its assets under delegation
DestiniFi retweeted
When you start a project that requires upstart capital that you can't forego, you've historically had three options:
- Have the money and fund it yourself
- Seek funding - directly sell ownership in exchange for $$
- Take a loan
In crypto there's also a fourth option:
- Launch your token with trading fees (taxes)
Taxes today have a bad rep due to the indirect 'rugging' they've enabled: promise a lot, lead investors on, and abandon the project without delivering.
We went this fourth route: launch a token at near 0 valuation, present the idea to the public, and allow anyone to buy a stake of the enterprise. In your purchase, pay a small fee which goes towards scaling the idea by funding infrastructure costs and other expenses.
Where has that money gone:
- Incorporating our foundation and related entities
- Paying hosting and infrastructure costs
- Purchasing stake necessary to enter the active sets of various chains
- Salaries for employees (SREs & more)
We've never held more than $200k in runway in our treasury, and have spent ~$400k buying back our token, offsetting some of the impact of taxes.
Everything about @validaoxyz is grass-roots. The dozens of core contributors today bought their tokens at various levels of valuations and are large stakeholders. Their fees and speculatoors' fees have helped us pay for everything we do today.
We are currently hosting ~40 bare metal servers around the world for various needs. Many of these in Iceland which is expensive. This inclues:
- validator nodes
- remote signers
- RPCs
- IBC relayers (we are the #1 IBC relayer)
- DA nodes
- alerting and monitoring infrastructure
These things have costs that need paying
The alternative would have been to seek outside capital. However the goal of ValiDAO was exactly to be the people's validator. Attract people who see the vision, allow them to buy into the enterprise at the valuation they see fit, contribute their skills where possible, and share in the upside, together.
With all that said: today @validaoxyz is in a good place revenue-wise and will be in a position to comfortably turn them off, soon.
DestiniFi retweeted
$POKT looks bottomed out.
Support is holding, and the market structure has turned bullish.
We also had a small deviation, suggesting this might be the higher low on the HTF. If confirmed, we should see much higher levels for the next high🤞!
@POKTnetwork looks like a great pick for #DePin season!
DestiniFi retweeted
Gmeow, it's the time of the week!
Hypurrcollective Weekly Updates Volume 12 🧵👇🏻
Hyperliquid Launches/ Announcements 🔥
- @HyperliquidX has announced:
1. Builder Codes, allowing anyone permissionlessly monetize applications on the L1. Trustless + onchain, and ability to charge fees ontop of the L1.
AWS <> Cloud infrastructure :: Hyperliquid <> Liquidity infrastructure
Read more here:
by @chameleon_jeff : teapawt.net/chameleon_jeff/status/…
by @abhi_pingle : teapawt.net/abhi_pingle/status/184…
2. Mobile Trading now enabled, seamless like a real app, with no need for wallets on mobile.
teapawt.net/HyperliquidX/status/18…
3. Season 2 of Hyperliquid points has ended. What's next? 👀
Projects:
- @HyperlendX releases HyperEVM Explorer
- @Copin_io has integrated Hyperliquid data, with explorers, trader profiles and OI. Copy trading and trading competition next.
- @ResolvLabs integrates with @Hyperliquid, bringing $USR, first delta neutral stablecoin integrated with both CEXes and DEXes
- @ethena @leptokurtic_ looks to deploy liquidity on @HyperliquidX soon, subject to risk committee approval
- @Validaoxyz launches Purrmetheus, an easy to use monitoring setup for node operators, which allowing them to set up a local version of their hosted dashboard
github.com/validaoxyz/purrme…
- @kinetiq_hl new liquid staking coming to @HyperliquidX 👀
(We know the team)
- @HypurrFun @laurentzeimes launches Cabals, allowing members in groups to see each other's positions + pnl leaderboard. Cabal wars between groups have started
Research/Great Reads:📚
Great read by @robbiepetersen_ @delphi_digital on Moats in Crypto Markets, featuring Hyperliquid extensively
teapawt.net/robbiepetersen_/status…
Tokens: 🪙
HypurrPump tokens: $RANK $NOCEX
New tickers: $L $H $VAULT
That's the wrap up for the week!
If you're building on top of @HyperliquidX or an avid fan and user of Hyperliquid, our DMs are open for you to join us on this journey.
Follow us @hypurr_co for more ecosystem updates and information (Telegram: t.me/hypurrco)
Supporting builders, one step at a time 🤝
*Content published is not endorsement of projects nor financial advice, please DYOD
DestiniFi retweeted
Reminder that you can view all @berachain bArtio testnet nodes with our Maps tool. 🗺️
There are 164 nodes in total currently running, and over 25% of nodes are in Finland!
validao.xyz/#maps-berachain-…
DestiniFi retweeted
Throwing my hat in the ring for this, I think the most undervalued project on EVM/Cosmos right now is @validaoxyz.
The project runs validators on networks like Celestia and Dymension, and received a $30mm delegation from the Celestia Foundation as a Tier 1 validator last month.
Reasoning is manifold, but in short: the DAO has already captured ~$40mm in TVL, and makes roughly 1% per annum on its TVL, so is posting $400k/y revenue.
Significant % of revenue is intended on going directly to token buybacks, and the team has already bought back 4% of the supply. Token buybacks initially are intended for airdrop incentives to build TVL and on-board active set validators on new networks such as Dymension.
I wrote a thesis on ValiDAO a while back, and generally am very active in the community there, of course for full disclosure I own the token too:
teapawt.net/jake_xbt/status/175486…
This quoted post is unavailable.
