MicroStrategy, but for
$HYPE. Who is building this?
Actually
@Hyper_Strategy is and they just dropped their docs, which I studied so you don't have to.
Their goal is simple: acquire and loop as much
$HYPE as possible. But how?
They'll issue convertible bonds:
• you buy a bond by locking USD for a set period
• at maturity, it checks if
$HSTR is above or below the initial strike price
• if below, you get your USD back and if above, your USD converts into
$HSTR at the strike price, giving you the token at a discount
This means as a bond buyer, you either break even or get discounted
$HSTR, with no way to lose your money.
The flywheel? HyperStrategy uses the raised USD to buy
$HYPE and farm it across HyperEVM DeFi. They reinvest the yield to accumulate even more
$HYPE and create a continuous loop of accumulation and growth.
To kickstart their treasury, they're launching a raise on
@daosdotworld and will open presale applications soon.
I’d definitely recommend giving it a shot.