Valantis has organically become the largest stable pool on the HyperEVM without any incentives or LP deals, showcasing the power of a modular DEX. ✨ TLDR: How Valantis enhances the user experience for HYPE LPs and traders. 👇 For stHype and HYPE LPs: - Hard coded 1stHYPE = 1HYPE with no depeg losses * LPs never sell the LST below its intrinsic value (the amount they could retain through unstaking), ensuring no depeg losses. If the AMM is imbalanced, it can unstake 1 stHYPE for 1 HYPE- instead of selling at a loss like most AMMs - Automatically earn extra yields and points (the highest stHYPE/HYPE yield in the market) *When swap volumes are relatively low, the Valantis pool will both lend out HYPE reserves & stake HYPE, earning passive yield and points. Thanks to Valantis' customized pricing mechanism based off the state of the stHYPE withdrawal queue, HYPE and stHYPE don't need to be 50/50 in the pool to give low fees- allowing for higher passive yields. For traders: - Swapping HYPE to stHYPE is cheaper than minting from the LST protocol in gas due to simpler logic while enjoying the same rate. Even the stHYPE contract now attempts to mint through the Valantis pool first before minting to the validators. - Swapping stHYPE to HYPE offers instant withdrawal with no depeg. All these features are achieved through Valantis' modular DEX design! LSTs in other EVM chains and other types of assets with a withdrawal queue, like sUSDe, can enjoy the same benefits by simply replicating the modules used. Reach out to the team if you want to replicate the features or even integrate your own designs! It's not about points this time; it’s about a better experience.🔥🔥