Introducing Valantis Labs
Valantis Labs represents a cutting-edge decentralized exchange protocol designed on the Hyperliquid platform, enabling flexible liquidity pool creation via an advanced smart contract system. A standout feature of this protocol is the stHYPE token, a liquid staking asset for the HYPE coin that enhances yields while preserving liquidity and allowing quick withdrawals.
The initiative successfully garnered $7.5 million in investments from prominent venture players such as Cyber Fund, Kraken Ventures, SevenX Ventures, Semantic Ventures, and Delphi Ventures. The mainnet for Valantis debuted in mid-2024, followed by the rollout of Hyperliquid integrations towards the end of the same year. The focus remains on offering innovative savings mechanisms through liquid staking and high-yield liquidity pools.
With stHYPE, users can earn yields from HYPE staking while engaging in no-loss pools and gaining points through varied activities within the protocol. This token ensures native liquidity across diverse DeFi ecosystems, empowering holders to utilize their staked assets effectively.
Details on Valantis Airdrop
Currently, Valantis has not announced any official token airdrop. However, there is an active points-based incentive program that may reward early users. The protocol distributes 10 million points weekly to participants who stake HYPE, contribute liquidity, and engage with stHYPE applications throughout the Hyperliquid network.
The points initiative has a capped supply of 325 million points to be distributed over a period of up to six months. Early adopters can earn a Genesis Badge, with points being accrued based on stHYPE holdings, liquidity contributions, and activity in affiliated protocols. Additional bonus points are available for those trading stHYPE yield tokens on Pendle or contributing to liquidity pools.
Steps to Join the Valantis Airdrop
Step 1: Acquire HYPE Tokens
Start by purchasing USDC on Binance and withdraw it to your Hyperliquid wallet using the Arbitrum network. Alternatively, you can bridge your USDC to Arbitrum via Rhino before funding your Hyperliquid account. Once USDC is available, convert your balance to HYPE in the Spot market.
Step 2: Transfer HYPE to HyperEVM
Next, you need to transfer your HYPE tokens to HyperEVM on Hyperliquid.
Step 3: Access the Valantis Staking Platform
Head to the Valantis website to open the staking interface and connect your crypto wallet.
Step 4: Stake HYPE for stHYPE
Input the desired amount of HYPE you wish to stake and confirm the transaction. Upon successful staking, you will receive stHYPE tokens, reflecting your staked position.
Step 5: Obtain Your Genesis Badge
If you qualify as an early user of stHYPE, don’t forget to claim your Genesis Badge for extra points.
Step 6: Track Your Points
Keep an eye on your accruing points and badges through the dedicated points dashboard.
Additional Opportunities to Earn Valantis Points
Contribute Liquidity to Valantis Pools
Visit Valantis to add liquidity to various pools, such as stHYPE AMM or wstHYPE/HYPE on exchanges like HyperSwap or UltraSolid. As a liquidity provider, you stand to benefit from trading fees alongside bonus points.
Engage in Trading on Pendle
Invest in stHYPE Principal Tokens (PT) or Yield Tokens (YT) on Pendle to gain access to increased point opportunities as well as yield. Amplified point earning is available for YT holders.
Collect Select NFTs on HyperEVM
Documentation suggests that holders of certain NFT collections might qualify for points. Explore popular collections like Hypurr, Wealthy Hypio Babies, and Illumeownati available on OpenSea and enhance your chances of earning points.
Common Questions
Is there a confirmation for a Valantis airdrop?
As of now, no official airdrop has been confirmed. Valantis runs a points program that could potentially reward users if a token is introduced in the future, but this is still speculative.
What is the duration of the points program?
The program runs up to six months, allocating 10 million points weekly from a total cap of 325 million.
Can I unstake stHYPE whenever I wish?
Yes, stHYPE allows for quick withdrawals unlike traditional staking methods. For the latest withdrawal times, refer to the Valantis platform.
Will I need to manually claim points?
No manual claiming is necessary as points accumulate automatically based on your stHYPE assets and engagement level. Just remember to claim your Genesis Badge if applicable.
Which activities yield the most points?
The primary way to earn points is through staking HYPE for stHYPE. Additional liquidity provision and trading of YT tokens on Pendle offer multipliers for more substantial point accrual.
What becomes of my staking rewards?
All staking rewards seamlessly reinvest into your stHYPE position, enhancing its overall value over time in relation to HYPE.
Final Thoughts
Valantis presents a unique points-driven program for participants who engage by staking HYPE and diving into its liquid staking ecosystem on Hyperliquid. Although there are no confirmed token airdrop plans, early users have the opportunity to earn points through not just staking but also through liquidity engagement and protocol collaborations. The six-month program with periodic distributions primes users who are optimistic about the protocol’s lasting viability.
If you are curious about more projects yet to launch tokens that may one day offer a governance token to their early users, make sure to explore our curated list of possible retroactive airdrops so you do not miss any chance on the next big DeFi opportunity!
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