Hyperbolic Protocol
  • 🏆Hyperbolic Protocol
  • 📄Protocol Summary
  • 🪙Tokenomics
  • 💵Borrowing
    • How to Borrow Funds
  • 💸Paying Back
    • How to Pay Back a Loan
    • How to Deposit Collateral
  • 🏦HLP - Provide Liquidity
  • ‼️Loan Defaulting/Liquidation
  • 💰Protocol Rewards
  • 📰Contracts
  • 🎮Games
    • Coin Flip
    • Over / Under
    • Dice
    • Battles
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On this page
  • Distribution Schedule
  • Claiming
  • HYPE Collateral

Protocol Rewards

https://hyperbolicprotocol.com/

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Last updated 1 year ago

All collected from users borrowing and paying back their loans are distributed to HYPE holders in native Ether (ETH) proportional to their holdings. Simply put, the more HYPE you hold, the more rewards you will earn.

Distribution Schedule

Rewards are distributed in the same transaction that fees are collected from borrowers securing a loan and paying back their loans.

Claiming

Protocol rewards can be claimed manually on the HYPE platform via rewards section:

Alternatively, any unclaimed rewards will be sent automatically to a holder's wallet when the wallet performs any HYPE transaction, such as buying, selling or transferring HYPE.

Sending a single HYPE token to another wallet to have unclaimed rewards automatically claimed may be more gas efficient than initiating a manual rewards claim on the HYPE website.

HYPE Collateral

Even though HYPE collateral is held on the contract during the loan process, the HYPE collateral will still generate protocol rewards for its owner.

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