HyperStake
HyperStake's self-adjusting LSULP/ XRD pool delivers high rewards with zero upkeep, earning fees from instant unstakers and 7-day depositors.
Overview
HyperStake is a novel staking product on CaviarNine that allows you to earn high rewards with zero maintenance. By adding liquidity to the innovative LSULP/XRD HyperStake pool, you’re not just staking—you’re enabling instant unstaking for users who need their XRD fast, skipping the usual one-week wait. In return, you earn a slice of every trading fee, boosted by our concentrated liquidity range that targets the action around the NAV price for maximum efficiency. With a no-loss guarantee and fully automated pool management, HyperStake is your effortless path to passive income on the Radix blockchain.
Key Features
Zero Maintenance: The pool automatically adjusts to market shifts, so you can set it and forget it.
High Rewards: Earn from instant unstakers and 7-day depositors with a design built for maximized fee generation.
No-Loss Guarantee: Your principal XRD is protected, ensuring you don’t lose your initial investment.
Self-Tracking Pool: The pool’s concentrated liquidity automatically tracks the optimal price range for fee earning. So no replacing liquidity!
Radix Native: Fully integrated with Radix for seamless transactions and wallet support.
How It Works
HyperStake leverages a unique LSULP/XRD pool on CaviarNine. Here’s a simplified breakdown:
Liquidity Provision: You add XRD + LSULP to the pool and receive LP tokens representing your share.
Fee Generation: The pool earns fees from three main sources:
Instant unstakers who pay a premium to bypass the standard 7-day unstaking period.
7-day depositors who stake their XRD for a fixed term.
Traders swapping between LSULP and XRD
Concentrated Liquidity: The pool’s liquidity is concentrated around the NAV price, maximising fee generation from trades near this key price point. The HyperStake Pool is configured at -1.5% to 0% of the NAV price of LSULP to XRD.
Self-Adjustment: The pool automatically adjusts its liquidity range based on market conditions, ensuring optimal fee earning without any user intervention.
No-Loss Protection: A built-in mechanism guarantees that you won’t lose your principal, even in volatile market conditions.
CAVIAR Products and Fees
HyperStake is the first CAVIAR product where 10% of the fees earned in the pool are sent to the CAVIAR fee vaults to decrease the CAVIAR token supply. The fee breakdown:
80% remains in the pool for LPs
10% goes to CAVIAR burning via the fee vaults
10% is allocated to the treasury
Manifest
Common addresses:
LSULP_RESOURCE = resource_rdx1thksg5ng70g9mmy9ne7wz0sc7auzrrwy7fmgcxzel2gvp8pj0xxfmf
XRD_RESOURCE = resource_rdx1tknxxxxxxxxxradxrdxxxxxxxxx009923554798xxxxxxxxxradxrd
HYPERSTAKE_COMPONENT = component_rdx1cpz0zcyyl2fvtc5wdvfjjl3w0mjcydm4fefymudladklf6rn5gdwtf
HYPERSTAKE_LP_RESOURCE = resource_rdx1th0f0khh9g8hwa0qtxsarmq8y7yeekjnh4n74494d5zf4k5vw8qv6m
Adding Liquidity:
CALL_METHOD
Address("<YOUR_ACCOUNT_ADDRESS>")
"withdraw"
Address("resource_rdx1thksg5ng70g9mmy9ne7wz0sc7auzrrwy7fmgcxzel2gvp8pj0xxfmf")
Decimal("LSULP_AMOUNT")
;
CALL_METHOD
Address("<YOUR_ACCOUNT_ADDRESS>")
"withdraw"
Address("resource_rdx1tknxxxxxxxxxradxrdxxxxxxxxx009923554798xxxxxxxxxradxrd")
Decimal("XRD_AMOUNT")
;
TAKE_ALL_FROM_WORKTOP
Address("resource_rdx1thksg5ng70g9mmy9ne7wz0sc7auzrrwy7fmgcxzel2gvp8pj0xxfmf")
Bucket("bucket1")
;
TAKE_ALL_FROM_WORKTOP
Address("resource_rdx1tknxxxxxxxxxradxrdxxxxxxxxx009923554798xxxxxxxxxradxrd")
Bucket("bucket2")
;
CALL_METHOD
Address("component_rdx1cpz0zcyyl2fvtc5wdvfjjl3w0mjcydm4fefymudladklf6rn5gdwtf")
"add_liquidity"
Bucket("bucket1")
Bucket("bucket2")
;
CALL_METHOD
Address("<YOUR_ACCOUNT_ADDRESS>")
"deposit_batch"
Expression("ENTIRE_WORKTOP")
;
Removing Liquidity:
CALL_METHOD
Address("<YOUR_ACCOUNT_ADDRESS>")
"withdraw"
Address("resource_rdx1th0f0khh9g8hwa0qtxsarmq8y7yeekjnh4n74494d5zf4k5vw8qv6m")
Decimal("HLP_AMOUNT")
;
TAKE_ALL_FROM_WORKTOP
Address("resource_rdx1th0f0khh9g8hwa0qtxsarmq8y7yeekjnh4n74494d5zf4k5vw8qv6m")
Bucket("bucket1")
;
CALL_METHOD
Address("component_rdx1cpz0zcyyl2fvtc5wdvfjjl3w0mjcydm4fefymudladklf6rn5gdwtf")
"remove_liquidity"
Bucket("bucket1")
;
CALL_METHOD
Address("<YOUR_ACCOUNT_ADDRESS>")
"deposit_batch"
Expression("ENTIRE_WORKTOP")
;
Swapping:
CALL_METHOD
Address("<YOUR_ACCOUNT_ADDRESS>")
"withdraw"
Address("<LSULP_OR_XRD_RESOURCE>")
Decimal("<LSULP_OR_XRD_AMOUNT>")
;
TAKE_ALL_FROM_WORKTOP
Address("<LSULP_OR_XRD_RESOURCE>")
Bucket("bucket1")
;
CALL_METHOD
Address("component_rdx1cpz0zcyyl2fvtc5wdvfjjl3w0mjcydm4fefymudladklf6rn5gdwtf")
"swap"
Bucket("bucket1")
;
CALL_METHOD
Address("<YOUR_ACCOUNT_ADDRESS>")
"deposit_batch"
Expression("ENTIRE_WORKTOP")
;
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