loopedHYPE Overview
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loopedHYPE (LHYPE) is an automated looping protocol that maximizes yield on staked HYPE.
Users simply deposit HYPE or stHYPE to get LHYPE (kHYPE will go live soon), then behind the scenes the protocol uses an automated looping strategy to generate additional yield, on top of any network rewards earned from staking.
This documentation provides comprehensive information about loopedHYPE, its features, and how to get started.
LHYPE is the first ever Liquid Looping Token (LLT). LHYPE is issued as a receipt token when a user deposits into the loopedHYPE protocol. LHYPE represents a users staked HYPE and accrues any network rewards from staking and looping rewards via , loopedHYPE's automated looping strategy.
loopedHYPE—where the HYPE rewards printer goes PURRRRRRR.