Hyper Staking is the new staking vault that not only allows users to stake their LOVE token on HunnyDAO to earn rebase rewards but at the same time let bonders redeem their HUGs for LOVE tokens. The introduction of the Hyper Staking Vault allows for a new mechanism to be implemented, whilst keeping the APY extremely competitive.
Users can only receive HUGs through Kinetic Bonding.
Hyper Staking works exactly like the previous staking vault with a few exceptions:
- 1.Unstaking will trigger a 24-Hour Linear Vesting of UNSTAKED AMOUNT.
- 2.Clock will trigger to reset after any unstaking action is performed.
- 3.Bonders can redeem their HUG for LOVE.