Kup Ventuals vHYPE (VHYPE) w Japan

Ventuals is a decentralized derivatives protocol built on the Hyperliquid blockchain infrastructure. Its primary mission is to democratize access to private equity markets by allowing users to trade perpetual futures based on the valuations of pre-IPO technology companies. By using this platform, participants can take long or short positions on the estimated value of private firms that are typically inaccessible to retail investors. The project operates using the HIP-3 standard, which allows developers to create and manage independent sub-exchanges within the broader ecosystem. To facilitate this and meet the technical staking requirements for operating a sub-exchange, Ventuals introduced vHYPE. This is a liquid staking token that represents a user's ownership of deposited native HYPE tokens. When users deposit their assets into the protocol, they receive vHYPE in return. This token is a fully transferable ERC20 asset that serves as a claim on the original deposit plus any accrued native staking yield. The yield is generated from the underlying network rewards and is reflected in the exchange rate between the two tokens, meaning the amount of vHYPE held remains constant while its redemption value grows over time. Beyond earning native yield, vHYPE holders are integrated into a gamified ecosystem through the Ventuals Points system. These points are distributed to reward early contributors and active participants. Holding the liquid staking token allows users to accumulate points based on the duration and timing of their involvement. These points are intended to provide exposure to the project's future growth and incentive structures. The protocol utilizes a hybrid oracle system to determine the pricing of its derivative products. This system combines off-chain fundamental valuation data with on-chain price discovery mechanisms to maintain accuracy and market relevance. Security for the platform is supported by dual smart contract audits and a bug bounty program. Regarding liquidity and accessibility, vHYPE allows participants to maintain a liquid position while their underlying assets contribute to the protocol's operational requirements. While users can initiate a withdrawal to redeem their original assets, the process is subject to the network's native unstaking period and the protocol's minimum staking thresholds. If the total amount of staked assets falls below a specific operational requirement, new withdrawals may be queued until additional liquidity is provided. This structure ensures the platform remains functional while providing a pathway for users to exit their positions. Dowiedz się więcej