Welcome to another episode in our @HyperliquidX series! Today, we explore @kinetiq_xyz, its value within the Hyperliquid ecosystem, and a few strategies for farming it, along with other ecosystem protocols 👀
Kinetiq is a new $HYPE liquid staking solution that will be central to the HIP-3 model, enabling different teams to build any perpetual market by leveraging the Hypercore orderbook and its underlying liquidity. --> Here is where it gets interesting:
Any team that wishes to deploy such a market would need to stake a minimum of 1 million HYPE tokens or have that amount delegated to them. --> This is where @kinetiq_xyz comes into play.
@ClBlockchain: "During ETHCC in Cannes this year, I even heard a massive alpha: between 40% and 55% of Kinetiq supply could be distributed to liquid stakers once the airdrop happens, which means staking with Kinetiq could yield serious MONEI." ⬇️ So let's get into the strategy:
1️⃣ To have exposure to Kinetiq, bridge your $HYPE token on the HyperEVM & stake it on Kinetiq.
3️⃣ Deposit 50% of the borrowed $HYPE into the @ValantisLabs $kHYPE AMM. 4️⃣ Deposit the remaining half of the $HYPE you borrowed on Kinetiq, stake it again as $kHYPE, send it to another wallet, and deposit it into the same Felix vanilla borrow product.
This strategy, spread across two different wallets, will provide you with exposure to the HyperEVM airdrop while accumulating Kinetiq points, Felix points, Valantis points (pending confirmation), and Hybra points, all while maintaining your $HYPE exposure and being capital-efficient.
Remember that this is not financial advice and that you should always consider all the risks associated with the strategy and the protocols involved. Written by @ClBlockchain
Tagging HL chads: @GuthixHL @crypto_adair @TheCryptoNexus @based16z @NMTD8 @sershokunin @SamuraiTakedown @0xOmnia @laurentzeimes @fiege_max @mogie__ @0xPasteke @izebel_eth @stevenyuntcap @crypto_noodles @Squishy_Chris_D @0xWasa @degentraveler @kirbyongeo @0xnessus @bidencho @ericonomic
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