Hypha

Overview

Hypha (formerly GoGoPool) is a decentralized validator marketplace and liquid staking protocol on Avalanche. It enables permissionless Layer 1 blockchains and provides infrastructure for validators, stakers, and L1 builders to participate in the Avalanche ecosystem with lower capital and technical barriers.

Features

• Minipools & Liquid Staking: Validate Avalanche with reduced requirements and earn yields through ggAVAX liquid staking token.
• Layer 1 Launcher: Deploy your own Layer 1 blockchain and attract validators through custom marketplaces.
• Layer 1 Marketplace: Discover and engage with decentralized Layer 1s, participate in validation, staking, or delegation.
• ggAVAX Token: Liquid staking token that allows users to earn yield while maintaining liquidity.
• Permissionless Validation: Democratizes validator participation by lowering the technical and capital barriers.
• Validator Infrastructure: Decentralized network of validators for security and reliability.
• DeFi Integrations: ggAVAX is integrated with major DeFi protocols including DeltaPrime, Balancer, Wombat Exchange, and Uniswap.

Documentation

For more details, visit the Hypha Documentation.

Use Cases

• Liquid Staking: Stake AVAX and receive ggAVAX to maintain liquidity while earning staking rewards.
• Validator Operations: Run validators with reduced capital requirements through the minipool system.
• Layer 1 Development: Launch and manage custom Layer 1 blockchains with built-in validator infrastructure.
• Validator Marketplace: Access a decentralized marketplace of validators for new Layer 1s.
• DeFi Yield: Utilize ggAVAX across multiple DeFi protocols to maximize yield opportunities.

Security

Hypha prioritizes security with multiple independent audits:

• Code4rena audit (December 2022 - January 2023)
• Zellic audit (November 2022)
• Kudelski Security audit (October 2022)