【 Are you still just putting it in HLP and doing nothing? Hyperwave 】
@HyperliquidX has a vault, HLP, that does market making (MM).
If you directly deposit USDC into HLP,
your funds will be locked for a certain period,
and you can only realize profits by withdrawing.
From the user's perspective, it's inconvenient because the assets are locked,
and from the protocol's perspective, it's a loss because liquidity isn't flowing into the market.
🔳 That's why it was created!
@Hyperwavefi is a platform that liquidates HLP.
Users deposit USDC into Hyperwave,
and Hyperwave deposits that USDC into the HLP vault.
Then, it issues a token called hwHLP to the users.
🔳 What is hwHLP?
This token represents the share of liquidity that Hyperwave has put into HLP.
Users can automatically accumulate HLP profits just by holding hwHLP.
Furthermore, hwHLP can also be utilized in the DeFi ecosystem.
Users can engage in various DeFi activities, such as depositing or using hwHLP as collateral.
In other words, it serves a role similar to LSTs like stETH on Ethereum.
@UXLINKofficial @MemeX_MRC20

@HyperliquidX @AbishekFi Interested brothers, come to the link below!!
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