Announcing the Launch of HyperStake on Arbitrum Chain
Spherium Finance is pleased to announce the launch to mainnet of the awaited Yield protocol HyperStake which will launch on Arbitrum chain as from 11th of May 12:00 GMT.
HyperStake is a Yield farming protocol by Spherium that allows users to farm tokens in form of additional cryptocurrencies or governance tokens without the need to go on a centralised exchange.
This is an exciting stage for Spherium as we start rolling our exciting range of user products that we have built with multichain capabilities. The HyperStake protocol has the ability to launch more than 8 different types of staking programs available for crypto projects as product to use.
To thank our long term holders and supporters we are giving a bonus for subscribers of the $SPHRI Pool to incentivise protocol growth:
6 months +1% Bonus
12 months +2% Bonus
24months. +3% Bonus
36 months +4% Bonus
48 months +5% Bonus
60 months +6% Bonus
Furthermore, to celebrate this launch, we are pleased to announce that we have listened to the community feedback and we are pleased to share that we will also allow OK tokens staking as from 11th of May 14:00.
For this, Spherium has partnered with the OkCash (OK) team to offer communities an opportunity to earn OK tokens through Yield farming. Users who lock their OK tokens in the HyperStake pool will be able to earn a fixed yield of OK token.
Spherium Finance Audit & Security
At Spherium Finance, the security and safety of our users’ asset is of utmost importance to us. In order to maintain the highest standards of security for our staking protocol, we collaborated with Defimoon and commissioned full audits for each of our contracts.
Our commitment to user security does not end here. To maintain our platform as a risk-free environment for trading and investing as possible, we will keep working with reliable and trustworthy auditing firms.
Visit here to read more about the specifics of our security audits: https://github.com/Defimoonorg/Audit-Report/blob/main/Spherium_reaudit.pdf
**Please note specific pools have different penalties and early redemption penalties.
