Eliminate the pain points of oracles and bridging! Hyper uses a single contract to achieve LST and lending fully on-chain 📊 Hyper has launched the CoreWriter system contract on the mainnet, which is the most important way to integrate the entire Hyper architecture, allowing HyperEVM (smart contracts) to communicate bidirectionally with HyperCore (matching and order book). To illustrate with a very specific example: Traditional LSTs on chains, such as stETH and rETH that you see on other chains, usually involve staking actions occurring off-chain or within specific validator node systems, and then sending the tokens back on-chain through multi-signature or bridging. This process is cumbersome and opaque, lacking on-chain governance space. But on Hyper, you can create a fully on-chain native LST using CoreWriter + read precompiles, where staking and unstaking are triggered by smart contracts, with prices sourced from on-chain order book quotes, and holders can directly participate in on-chain governance, such as deploying new HIP-3 assets, without needing off-chain roles to intervene or oracles for pricing. The application of lending protocols is even more intuitive; currently, liquidation processes mostly rely on oracles, but oracles are often manipulated or experience update delays, leading to MEV being arbitraged and liquidations not being timely. Hyper's read precompiles allow protocols to directly pull prices from the HyperCore order book as oracles, using the real prices from the matching market, and when a default position occurs, the contract can send the liquidation action directly to HyperCore for execution through CoreWriter, achieving automated and instant liquidation.