airdrop

HyperETH Vault

🔸What Is It?
• This vault manages your liquidity and deploys it across Hyperliquid DeFi  
• Ecosystem partners like Hyperbeat, Mizu, Hyperlend, Harmonix, Hypurrfi, Timeswap, Silhouette, and Hyperswap will distribute 1–2% of their token supply exclusively to HyperETH Vaults via Royco markets (https://www.royco.org/). We’ll be receiving these rewards
• Deposits are subject to a 30-day lock-up starting March 25  
• If you stake on Ethereum, you can deposit: WETH, wstETH, rswETH, swETH, weETH, ezETH, rsETH, STONE, cmETH  
• For BTC or USD, choose a different vault here (https://mizulabs.xyz/dapp/vault)

🔸Risks
• As mentioned on the vault page (https://mizulabs.xyz/dapp/vault/hypereth): 
There are smart contract risks and economic risks — including impermanent loss  
• Still no clear answer on who’s responsible if something goes wrong with Hyperliquid or how assets would be returned

🔸What I Did
• I deposited 1 WETH and will be testing how much I’ll get from this and whether I encounter some issues or not. It looks like we’ll be able to track rewards from the table shown on the site  
• I like participating in these kinds of early experiments — it aligns with my overall thesis about Hyperliquid, which I described here (https://t.me/decryptica/265)

Driven by advancements in technology and cryptocurrencies.