HyperLend is sending the next round of $HPL rewards to the people who used the protocol, and the community decides which group it mainly flows to. Everyone who supplied the markets, looped on HyperLoop, and staked wHLP earned their place. Register, weigh the options, and vote. Every user who votes earns an additional $HPL allocation on top.
https://x.com/hyperlendxfnd_/status/2105975801346957643
What the proposal covers
One rewards round, four places it can lead.
- HYPE & LST markets: send the majority to suppliers of HYPE, kHYPE, wstHYPE and beHYPE.
- Stablecoin markets: route it to the USDC, USDT0, USDe and USDHL lenders.
- HyperLoop loopers: point it at the users running leveraged looped positions.
- wHLP stakers: send it to the stakers in Stake and Save who back $HPL.
Who can vote
If you used HyperLend, you have a say.
- Any user that earned HyperLend points across the markets, HyperLoop, and staking is eligible.
- Your weight comes from those points together with the $HPL you stake.
What you are voting on
The vote sets the lead, not the whole split.
- Every group still receives a share of the user rewards.
- The winning option becomes the one the distribution mainly flows to, set through its weights.
- Every user who votes earns an additional $HPL allocation, separate from the rewards and from the outcome.
What's Next?
When the vote closes, the leading option sets how the next $HPL rewards are weighted, and the distribution goes out across the markets, HyperLoop, and staking, with voters getting their extra allocation on top. The exact weights and the claim details follow in the implementation proposal. From there the rounds keep the same shape: the users who carry HyperLend decide where the rewards lead, and they earn for showing up.
