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USDH arrives: Hyperliquid resists USDC, exult traders

Hyperliquid goes up. The project opens the vote on the chain Assign Ticker USDH And above all Reduce your point costs by –80%. The goal is clear: to stimulate liquidity and attract teams capable of building a “house” Stablecoin.

The initiative could also bounce cards on the USDC side. Indeed, migration of deposits towards the native stablecoin would actually create a new reception for the log holder of the protocol.

TICKER USDH awarded by voting on-seam

Hyperliquide releases Ticker USDH, so far reserved. As a result, candidate teams must submit a detailed proposalwith the planned deployment address. Valinators will vote through transactions to hyperliquide L1, according to the same mechanism as voices of selection. This frame should be transparent and above all in accordance with the ecosystem.

Specifications are explicit. The chosen team will have to Build a stablecoin “hyperliquid-first”aligned and satisfactory. In other words, the protocol wants to natively issue an asset designed for its platform and in accordance with regulatory requirements.

The valinators will be selected according to the real ability to start And keep the robust stablecoin. Also, the meaning of Ticker USDH is pushing hyperliquid to supervise the process with strict administration. That is why the vote is entirely on the chain, followed and calibrated so that it can reach quickly.

Finally, hyperliquide announces that it will exist Storage mechanism And the chopping criteria, published later. As a result, the approach is gradually opening and at the same time maintaining motivational warranties.

Spot Costs divided by five to increase liquidity

As far as markets are concerned, hyperliquid strikes hard. Spot of steam between two citation assets will see their User costs dropped by 80%. Specifically, traders will pay less and the market content will benefit from a more efficient environment. As a result, the depth of the protocol should improve, with less friction for design.

This measurement is part of the next network upgrade. However, a decline in costs is not limited to a marketing gesture. It focuses on a Better efficiency of capitalStricter spread and therefore more activities in pairs of keys.

The question of stablecoin remains. Today, in a hyperliquid ecosystem, important deposits in USDC are circulating. If a significant part switches to USDH, the dynamics could change. Indeed the internal estimates evoke approximately $ 5.5 billion In deposits on the side of hyperliquid.

At an annual 4%rate, this would be almost $ 220 million a year if these funds migrated completely to USDH. The impact would also be equivalent to an increase in approximately 17% of yields for hypens holders, in all other things. On the contrary, such a rocking would mean A decline in approximately 7% of USDC delivery in circulation.

However, these orders remain conditional. That is why hyperliquide is betting on a chain -chain voting and a clear plan. USDH match against USDC/ tether It will open and play as much on technology as trust.


Source: Discord Hyperliquid


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