$HID Single Asset Staking now Live
Stake $HID, Earn $HID
We are elated to announce that Hypersign is launching single asset staking for $HID holders on Polygon Network for a duration of 90 days. The campaign is powered by AllianceBlock.
The decision comes after the team decided to test all new product features on the Polygon chain first before deploying to other chains and building a $HID payment module for HyperFyre natively on Polygon. To enforce usage of $HID on the polygon, bringing additional utility to the token is the first step, and rewarding those who support us in this journey is the next.
Starting on 10th December, we incentivize users who stake $HID with an initial APY of 650%. and minimum APY of 100%
If you want to find out more about the services of AllianceBlock, you can do so here.
So far launch of HyperFyre has been a tremendous success with $2000 Monthly Reoccurring Revenue, 40,000+ users, and 30+ campaigns in the last two months. It has given the team access to a wide range of feedback from the users and customers. We had recently released the latest product update of HyperFyre you can check it <here>
As a short term roadmap goal for the next three months, the team has decided to get the Authentication product into production & V2.0 of Hypersign Layer 2 network whitepaper, the authentication product will feature a web2 and web3 interface, where user onboarding experience will be seamless and secure for partner dApps and the whitepaper will feature technical design specification of the network.
$HID Liquidity Mining Program Overview
Dashboard: https://hypersign.defiterm.io
Asset: $HID
Duration: 90 days
Initial APY: 650%
Minimum APY: 20%
Disclaimer: any APY is subject to change based on the number of stakers and the market volatility.
How to participate
As a first step, you would need to move your $HID from the Ethereum chain to the Polygon chain; you can find a step-by-step guide here: <https://medium.com/hypersign/hypersigns-bridge-to-polygon-is-live-a933d4c90689>
Secondly, Go to Hypersign’s DeFi terminal https://hypersign.defiterm.io/staking/active
From the top right corner, select network as Polygon, then on the left side of the screen, you will see the “Staking” option click on that and choose “Active Campaign” you will be directed to the screen below:
Now, click on “Stake” and approve tokens then you will be taken to the screen below:
Here, you will have to choose the amount of $HID you wish to stake and then click on the “Stake HID Token” post, which you will be taken to Metmask to sign the transaction as in the screenshot below
As the last step, click on “Confirm” once you sign the transaction and it goes through, you will be taken back to the campaign page, where now you will be able to see your total staked amount under “My Staking” and APY% as in the screenshot below:
You are all done! Sit back and enjoy your staking rewards for the next 90 days.
About Hypersign
Hypersign is an easy-to-use authentication solution that secures user data by combining Digital Identity with Blockchain. It offers Password-less Authentication, Verification & Authorization Services while integrating within minutes into any ecosystem — Hypersign is fully compatible with Web-3 and OAuth.
🌎 Website: www.hypersign.id
🔥 HyperFyre Website: fyre.hypersign.id
🐦 Twitter: twitter.com/hypersignchain
📢 Telegram: t.me/hypersignchain
🔔 Telegram Announcements: t.me/hypersign_ann
🤖 Reddit: reddit.com/r/hypersign
🐈 GitHib : github.com/hypersign-protocol