What is Hipo?
The Hipo decentralized protocol enables users to stake TON tokens and earn daily rewards while maintaining the flexibility to use their liquid TON tokens within the DeFi ecosystem, which are called hTON. The Hipo platform uses the liquidity flexibility approach, allowing users to use hTON tokens in various DeFis while still earning staking rewards as validators use staked TON. Users can also unstake their crypto in any given moment without losing rewards.
Benefits of using Hipo
Users who choose the Hipo tool for their TON management, can enjoy high rewards due to low protocol fees and high optimization: compared to 1-1.5% on other platform, the Hipo's APY rates are dynamic and can reach 3% and even more. Along with that, users can still access TON dApps using the Hipo's hTON tokens, which correspond to staked TON, while earning the platform's own $HPO governance token for participation. Last, Hipo enables staking of any TON amount, is open-source and community-driven, and employs a permissionless validator selection process, ensuring democratic and accessible participation.
