Hyper

Flack Exchange FAQ: Understanding Hyper Pools


Hyper Pools Explained

What are Hyper Pools?

  • Additional Yield Layer: Fixed-duration pools designed to provide extra rewards for Flack Exchange's staked positions (spNFTs).

  • User Deployment: Anyone can deploy them directly from the Flack Exchange frontend.

Purpose of Hyper Pools

  • Liquidity Incentivization: Encourages users to supply liquidity, fostering a dynamic and healthy market environment.

Using Hyper Pools

  • Simple Staking Process: Stake spNFT positions into a Hyper Pool to earn rewards, based on your share in the pool.

  • Flexible Deposits: Multiple staked positions can be deposited, meeting the pool's criteria.

Depositing Positions with xFLACK Boost

  • Yield Boost Compatibility: Positions with an active yield boost can be deposited, influencing yields from farming emissions.

Rewards from Hyper Pool and Farming Emissions

  • Dual Reward Reception: Positions earn both Hyper Pool rewards and, if yield-bearing, rewards from incentivized pools by Flack Exchange.

Lock Requirement and Reward Harvesting

  • Harvest Flexibility: Rewards from Hyper Pools can be harvested anytime, irrespective of any lock requirements in the pool.

Whitelisting Wallet Addresses

  • Deployer's Discretion: Whitelisting is controlled by the pool deployer, who must manually add addresses for participation.

Management Settings Post-Staking

  • Restricted Functions: Some management options become unavailable once a position is staked in a Hyper Pool.

'Permissionless' Definition

  • Creation Freedom: The term indicates that anyone can create Hyper Pools without needing community approval.

Incompatibility Issues When Depositing

  • Requirement Compliance: Positions must meet specific criteria like lock duration, minimum deposit, and potentially whitelisting or custom requirements for pool eligibility.

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