π© SIR is launching on HyperEVM (HyperLiquid).
Why HyperEVM first
HyperLiquid is where the action is beyond Ethereum. Active market, deep liquidity, fast execution. HL traders get non-liquidable constant leverage without funding fees. SIR gets a serious venue with deep liquidity and seasoned traders.
What we are launching
HyperSIR will be the SIR deployment on HyperEVM. It keeps the same core properties:
β No liquidations
β No funding fees
β Constant leverage with a convex payoff
β 100% on-chain
Community allocation
We will allocate 25% of HyperSIR to SIR contributors and current SIR holders. This includes:
β’ Unissued and unminted contributor allocations
β’ SIR in wallets
β’ SIR in vaults
β’ Staked SIR
β’ SIR LP positions on Uniswap
Additionally, 1% of HyperSIR will be allocated to Hypurr (
@hypurr) NFT holders.
Distribution will be pro rata, with HyperSIR vesting linearly over 3 years. β³
Snapshots and future deployments
The snapshot for HyperEVM can occur any time between now and deployment. If we launch on additional chains later, we will snapshot balances across all SIR deployments so that being a SIR holder and user continues to matter across the ecosystem.
Why not 1 token across chains
Because of how SIR works and because of its immutability, a single canonical token across every chain is not feasible. We prioritize integrity of the mechanism first, then scale.
What to do now
If you are a contributor or holder, make sure your SIR is visible in one of the counted buckets above. If you are new to SIR, study the mechanics, try a vault, and watch how constant leverage behaves in live markets.
(π¦^π©)