> For the complete documentation index, see [llms.txt](https://docs.usenest.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.usenest.xyz/nest-explained/2.5-hype-spring.md).

# 2.5 - HYPE Spring

Users lock NEST into veNEST, deposit that veNEST into HEV, and can receive weekly HYPE bonuses.

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The HYPE comes from the HYPE accumulated by the [HYPE Engine](/nest-explained/2.5-hype-spring.md) NFT and is distributed to qualifying HEV depositors.

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### Why it matters

HYPE Spring adds a new mechanism to the MetaDEX flywheel.

Traditional MetaDEX models reward LPs with emissions and reward voters with fees or incentives. HYPE Spring adds another layer: users can be paid in HYPE for locking NEST and staying aligned through HEV.

This creates a stronger loop:

Lock NEST → build veNEST → deposit into HEV → earn HYPE → compound alignment.

<figure><img src="/files/MG2dBsoHttcCiGBXM2xq" alt=""><figcaption></figcaption></figure>

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### How to qualify

To qualify, users need:

1\. New NEST locked into veNEST during the epoch.

2\. veNEST deposited into HEV before voting closes.

3\. A qualifying position during the relevant voting window.

4\. All NEST compounded in existing locks in the HEV will qualify.

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Manual veNEST positions do not qualify.

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### Important notes

* The current HYPE Spring payout APR is displayed on the Nest website.
* This APR is based on HYPE accumulated from the previous epoch and may change each epoch.
* There is no fixed HYPE amount or guaranteed APR.
* HYPE Spring bonuses are paid out on Fridays.
* HYPE Spring is the current live HYPE distribution event.