ChainCatcher news, the Hyper Foundation announced on platform X: 'Staking is now live on the mainnet. Staking is an important milestone for Hyperliquid as it allows a diverse community of HYPE stakers to collectively secure the network. Like other proof-of-stake networks, new blocks on Hyperliquid are proposed by validators in proportion to the amount of staked HYPE. Staking is an essential responsibility of the Hyperliquid community.
Users can stake HYPE with trusted validators and earn HYPE staking rewards. When choosing which validators to stake with, users may consider different metrics such as uptime, commission, reputation, and community contributions.
The Hyper Foundation will launch 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 may be staked, but their rewards will be locked.