PANews reported on December 30 that the Hyper Foundation stated on the X platform: “Staking is now live on the mainnet. Staking is an important milestone for Hyperliquid as it allows a diverse community of HYPE stakers to jointly protect the network. Like other proof-of-stake networks, new blocks on Hyperliquid are proposed by validators in proportion to the amount of HYPE staked to them. Staking is an important responsibility of the Hyperliquid community.

Users can stake HYPE to trusted validators and receive HYP staking rewards. Users may consider different metrics when choosing which validator to stake, such as uptime, commission, reputation, and community contribution.

The Hyper Foundation will have a delegation program to support high-performance validators and further decentralize the network. More information about the program will be announced separately. Please note that locked tokens can be staked, but their rewards are locked.”