HYPE Engine Vault

The HYPE Engine Vault simplifies voting for depositors through a $veNEST management system that automatically votes to collect maximum rewards. At launch, this vault will autocompound 100% of pool revenue back into $veNEST to build voting power in anticiaption of the HYPE Engine launch. The vault will receive exclusive $MEGAHYPE distributions. The earlier you lock $NEST and deposit into the Vault, the larger your $veNEST position and your capacity to receive $MEGAHYPE.

How It Works

1. Revenue from the HYPE Engine $veNEST NFT flows into the treasury.

2. The vault automatically optimises voting across pools for maximum APR.

3. DEX rewards are auto-compounded into additional $veNEST to build user voting power.

4. Depositors receives $MEGAHYPE distributions from the treasury via the vault.

Key Benefits

Users who deposit $veNEST into the HYPE Engine Vault receive:

• Maximum Voting APR: Never miss a vote or reward opportunity.

• Auto-Compounded Growth: All rewards convert to more $veNEST automatically.

• Amplified $HYPE Exposure: Receive and hold $MEGAHYPE for leveraged exposure to $HYPE upside.

• NEST Deflation: Creates continuous $NEST buyback pressure supporting protocol growth.

Important Timeframes

$veNEST deposited into the HYPE Engine Vault will remained locked from the end of the epoch on Wednesday at 23:00 UTC until Monday at 00:00 UTC. This setup mitigates front-running, where $NEST could be bought just before the vault initiates all buybacks during the 1 hour epoch flip, and then sell it if after the vault has finished compounding fees into $NEST. This ensures that $NEST buybacks can be performed randomly and over a longer timeframe reducing market volatility. After the lock period is over, depositors are free to withdraw.