USDH bidding status: Native Markets currently has 70.59% stake support, winning probability rises to 93%.

robot
Abstract generation in progress

On September 12, according to usdhtracker data, the Hyperliquid stablecoin USDH is currently supported by 70.59% of the staking share in the bidding for Native Markets, with 10 out of 19 node validators indicating they will support Native Markets. Paxos Labs ranks second, currently supported by 16.49% of the staking share, with 5 node validators stating they will support Paxos Labs. Additionally, according to the Polymarket page, in the auction for the Hyperliquid stablecoin USDH, the winning probability for Native Market has risen to 93%, while Paxos's winning probability has dropped to 7%, ranking second. It is noteworthy that, according to a previous official announcement from Hyperliquid, each node validator expressed their voting intentions and reasons in the "validator USDH voting declaration." The official voting will begin on September 14 at 18:00 UTC+8, and stakers must delegate their stakes to validators whose voting intentions align with their own before this time. The support shares of each bidder may still fluctuate, and the official voting will close at 19:00 UTC+8. When a two-thirds support ratio is reached, the designated bidder will be able to bid for the USDH token symbol in the spot deployment gas auction.

HYPE5.16%
USDP-0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)