Introducing bbHLP, the first decentralized tokenized Hyperliquidity Provider (HLP) vault utilizing only Hyperliquid’s Core Writer. bbHLP allows you to deposit stablecoins from the HyperEVM into Hyperliquid’s HLP. Allowing users to earn the yield from the HLP, which is derived from market making and liquidations, and receives a portion of all trading fees on the platform. 🫐 Berrys is Blueberry’s points program, similar to Hyperliquid. We will be tracking individual contributions to using and growing bbHLP. Throughout this program, we will set aside 10% of the total BLB supply for this purpose. Yes, you read that right. ⏳For the first two weeks, there will be zero fees for bbHLP. After that, there will be a management fee, with 97% of revenue generated from bbHLP will be used in Blueberry’s Liquidity Module, supporting both BLB and the Hyperliquid Ecosystem together. Kick-starting the flywheel to a sustainable product. 🙏 Our proposal to you is to choose bbHLP. If the community chooses bbHLP, it will win the race, and we will give back to the community by giving an enormous amount of ownership to the liquidity providers that helped bbHLP win. bbHLP is the first product purposely released by Blueberry on HyperLiquid, with other vaults to be announced soon. Join us!
HLP is fully owned by the community, as the consensus of the validator set is the owner of the vault.
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How to mint bbHLP: 2.Deposit $USDHL $USDe $USDT0 3.Receive $bbHLP 4.Earn yield from HLP and use on the HyperEVM
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