🚨Native Markets has been approved to use the USDH ticker on Hyperliquid. The official team thanks HYPE stakers and validators for their support and respects the efforts of other proposal teams. In the coming days, USDH HIP-1 and ERC-20 will be deployed and will enter a testing phase.
The initial rules are quite strict:
1⃣ Each mint/redeem limit is below $800
2⃣ Testing is limited to specific groups
3⃣ The goal is to minimize risk
If the system is stable, USDH/USDC spot trading pairs will gradually be opened, and the mint and redeem limits will be relaxed to no limits. Native Markets invites users with large trading needs to participate in API testing to verify robustness in a high trading volume environment.
Native Markets has been awarded the USDH ticker on Hyperliquid.
Thank you to all HYPE stakers and network validators for their time and effort in reviewing the proposals put forward.
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