Built on the TON blockchain, Hipo Staked TON (HTON) is an innovative open-source liquid staking protocol designed to provide users with liquidity flexibility while earning staking rewards. This unique solution solves the problem of limited liquidity in traditional staking protocols by allowing users to stake their native Toncoins (TON) and receive HTON tokens in return, which can be used across various DeFi protocols.
The key technical feature of Hipo is its ability to provide a high Annual Percentage Yield (APY) of 6.2%, making it one of the most profitable liquid staking options on TON. The protocol's open-source nature and rigorous security audits ensure that users can trust their assets with Hipo. Notably, Hipo has undergone multiple security audits, including those by Quantstamp, Ender Ting, TonTech, and DSDaniil Sedov, demonstrating its commitment to transparency and security.
Hipo Staked TON offers a range of use cases and utilities for its users. The protocol allows users to stake any amount of TON and earn more than just staking rewards, including bonus HPO (Hipo's governance and profit-sharing token). Users can also participate in the Hipo Club, a tiered system designed to reward active participants and long-term supporters of Hipo, which offers increasing benefits and responsibilities as users level up. The protocol's liquidity flexibility enables users to use their hTON tokens across various DeFi protocols, providing a wide range of applications.
The Hipo team has built a strong community around the protocol, with over 23,000 TON holders earning passive income with Hipo. The protocol's governance model is centered around its HPO token, which allows holders to participate in decision-making and revenue-sharing. Notably, Hipo Club members can earn HPO by staking in Hipo and become part of the community of HPO holders.
As one of the most rigorously tested smart contracts on TON, Hipo has established itself as a trusted and secure option for users looking to stake their TON. With its high APY, liquidity flexibility, and strong community support, Hipo Staked TON is positioned as a leading liquid staking protocol in the TON ecosystem.
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