Hipo

• "What's the current staking APY?"
• "How much hGRAM do I have?"
• "Estimate my yearly rewards at the current rate."
• "How does liquid staking with Hipo work?"

A note about the current APY

Because Hipo TVL has doubled recently, the next validation round will have a temporary APY decrease. This is not because rewards are reduced — Hipo continues returning 100% of staking rewards. The change happens because rewards are distributed across a much larger amount of staked GRAM.

Currently, Hipo allows new stakers to participate immediately, meaning users who join during a round can still receive rewards even if their stake was not active for the full validation period.

After the next round, APY will return to normal levels.

We are discussing two possible approaches for the future:

Option 1 — Keep the current system
New stakers can join instantly, receive hGRAM, and participate from the start. This provides the best user experience but may create temporary APY changes when large amounts of GRAM enter.

Option 2 — Add a waiting period
New stakers would join the next validation round instead of immediately participating. This would make APY more stable but delay rewards for new users.

We want to hear from the community. Which approach do you prefer? Share your thoughts in Hipo Chat and help shape the future of Hipo.