# Hyper VLP Legacy

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. 

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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.
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For new opportunities, be sure to checkout the [Hyper 2.0 program](https://docs.vela.exchange/vela-knowledge-base/exchange/staking/hyper-vlp/hyper-vlp-2.0) 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:

<table><thead><tr><th width="96">Tier</th><th width="237">VLP</th><th width="134">VELA</th><th width="137">VELA / VLP</th></tr></thead><tbody><tr><td>1</td><td>0 - 500,000</td><td>250,000</td><td>0.500</td></tr><tr><td>2</td><td>500,000 - 1,500,000</td><td>375,000</td><td>0.375</td></tr><tr><td>3</td><td>1,500,000 - 3,000,000</td><td>500,000</td><td>0.333</td></tr><tr><td>4</td><td>3,000,000 - 5,000,000</td><td>500,000</td><td>0.250</td></tr><tr><td>5</td><td>5,000,000 - 7,500,000</td><td>500,000</td><td>0.200</td></tr><tr><td>6</td><td>7,500,000 - 10,000,000</td><td>375,000</td><td>0.150</td></tr></tbody></table>

<figure><img src="https://1356357463-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FrN46BgyysObtNusDYaGn%2Fuploads%2FWNgTyikcU1IOlx0grLKY%2Fimage.png?alt=media&#x26;token=ef1ea2e2-9e52-407c-9b7f-9ac8e73d0643" alt=""><figcaption><p>HyperVLP 1.0 Dashboard</p></figcaption></figure>