One of HYPE's primary functions is to secure the network by participating in consensus. Successful participation is rewarded. The minimum self-stake (i.e., stake without delegation) requirement is 10,000 HYPE. Once this requirement is met, a node can join the active set of the top 24 (from the next network upgrade, presently 21) validators based on stake, if it qualifies. Note that the validator need not have the entirety of his stake be self-staked, and any amount (beside the mandatory 10,000 HYPE) may be delegated instead (see the Stake Delegation function).

Represents the gated access to trading fee discounts. The discount can be activated only through staking HYPE. Discount tiers: - 5% (stake 10 HYPE) - 10% (stake 100 HYPE) - 15% (stake 1,000 HYPE) - 20% (stake 10,000 HYPE) - 30% (stake 100,000 HYPE) - 40% (stake 500,000 HYPE) If a staker needs to trade from a third-party address, the staking address and the trading address may be (irreversibly) linked. In this case, the discount is transferred.

This represents the fee shared by the referred user. Once a user is onboarded with a referral code, a portion of the fees he pays will be transferred to the provider of the referral code for his first $1 billion in volume. This portion is presently fixed at 10%.

Represents the possibility of delegating one's stake to an active validator in order to share in the rewards he receives. The reward is shared proportionally based on the user's contribution and is subject to the validator's fee. To prevent validators from taking advantage of careless delegators, the fee may not be increased by more than 1% after it is initially set. There is no lower limit on the user's ability to delegate stake, unlike the validators' self-stake requirements.