Hyper VLP Legacy
Last updated
Last updated
Hyper VLP Legacy preceded the Beta launch and is now closed. We rapidly reached the maximum liquidity in record-breaking time and are pleased to see the massive appeal that this program had in the DeFi space.
Legacy Hyper VLP contributions are limited to the amount of Hyper VLP held at the end of beta (this is known as minVLP). If a user had redeemed prior to the end of beta, their minVLP would be reduced by the redeemed amount.
For new opportunities, be sure to checkout the Hyper 2.0 program at official launch.
Total VELA rewards (T): 2,500,000
Starts: Jan 29, 2023
Duration: 12 months + any downtime between Beta and Official Launch
First airdrop: Mar 15, 2023 (Beta)
First airdrop post official launch: Aug 7, 2023
There will be 6 tiers in Hyper VLP Legacy as follows:
| Tier | VLP | VELA | VELA / VLP |
|---|---|---|---|
1 | 0 - 500,000 | 250,000 | 0.500 |
2 | 500,000 - 1,500,000 | 375,000 | 0.375 |
3 | 1,500,000 - 3,000,000 | 500,000 | 0.333 |
4 | 3,000,000 - 5,000,000 | 500,000 | 0.250 |
5 | 5,000,000 - 7,500,000 | 500,000 | 0.200 |
6 | 7,500,000 - 10,000,000 | 375,000 | 0.150 |
