Expressed a strong interest in founding a virtual nation for some time now.

Still pondering this concept for over a year.

The nearest step has been forming a digital user union, akin to a worker's union but for users. Today, users hold all the power. With digital products, switching costs are low, making a user union quite

Additionally, Foundation validators will abstain, aligning their votes with those that have the most non-Foundation support as of commitments on September 11, weighed by stake on September 14.

Votes occur on-chain through a Hyperliquid blockchain transaction and are stake-based. Once a quorum of 2/3 is reached, bids can be made in the gas auction for the ticker.

Important: Avoid moving HYPE from the staking balance to the spot balance, as this prevents participation in the vote.

To switch validators, there are two steps: First, unstake from the current validator. Second, stake with a new validator aligned with your vote. Be aware of a 1-day cooldown after staking to a new validator

Each validator has stated their intended vote and reasoning in the Discord governance forum. Voting will begin on September 14 at 10:00 UTC, and stakers have until then to stake to a validator who matches

Regardless of the vote’s result, it will be exciting to see many of these proposals go live and contribute to growing the Hyperliquid ecosystem. Thank you to all participants who dedicated their precious

Over the past week, the community engaged with teams’ proposals for the USDH ticker for a Hyperliquid-first, Hyperliquid-aligned, compliant, and natively minted USD stablecoin. While USDH is no more than

Interestingly, a Paxos victory would benefit certain parties, making them neutral to the results. It's a reminder that the financial world can be a bit dubious.

Here's a guide for modifying which validator you stake with. It has been mentioned previously that some key information deserves attention.

We're pleased to see at least one validator voted for what we consider the best proposals, though the final decision rests with stakers. Validators show preferences, but the power truly lies with stakers.

Among the main contenders were Ethena, Paxos, and Native Markets. Our choice is based on believing that Native Markets offers the most Hyperliquid-first and Hyperliquid-oriented proposal.

After much deliberation, Hypurrscan has decided to cast its validator vote in favor of Native Markets.

The hope is for Max Fiege to stay modest and take considerable advice as he embarks on his initial major venture.

With over 50% now, things are concluded. Looking at it, cats believed in the order of native markets being at the top, followed by Ethena, and then the rest.

Fake accounts on messaging apps have caught on to phrases like "gmeow" and "lmeow," and some are nearly fooled by them. Stay vigilant.

One problem with governance is that token holders may focus on short-term gains, voting for what boosts prices temporarily, then selling at a profit. However, kudos to Jeff for being truly committed.

There shouldn't be a formula to decide voting power, like staking amount times lock period. Any formula is prone to manipulation because the presence of rules turns the process into a game that can be