Hipo

📊 About the APY spike (37.66%)

TL;DR: The 37.66% APY is a temporary effect caused by a large withdrawal mid-cycle. One validation round paid roughly double rewards, while the next round earns no rewards. Combined, this works out to about 17.3% APY, which is in line with Hipo's normal yield. APY will return to its usual ~17.5% range after the next participated validation round. Quick explainer on the recent APY jump: it's a timing quirk, not a change in real returns.

A large holder withdrew ~2M GRAM (about half of TVL). But the round already in progress had loans sized off the old ~4M pool. When it settled, rewards earned on ~4M of principal went to a pool backing half as many hGRAM, so remaining holders earned roughly double for that one round. The APY display annualizes the latest round, hence 37.66%. A real one-time windfall, not an error. The flip side: with TVL halved mid-cycle, we couldn't participate in the current round, so it will earn no rewards. One double round + one quiet round = ~17.3% annualized right at the normal rate. What to expect: - The display will stay at ~37.66% until the next participated round settles, then step back to normal in one move. Both are expected. - From then on, loans are sized to the current pool and APY returns to its usual ~17.5% range. Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

📢 Latest Updates on Hipo Hipos, over the past few days we've rolled out several improvements based on your feedback and suggestions: 1️⃣ Hipo Bot Improvements We've upgraded the Hipo Bot to share key protocol metrics directly in Hipo Chat, including TVL, APY, and token prices. The data is refreshed every 30 minutes and posted daily to keep the community informed. 2️⃣ Rewards Display Fix Thanks to a report from a Hipo community member, we identified and fixed an issue that caused the displayed GRAM rewards to appear lower than the actual rewards earned. This was only a display issue and did not affect your real rewards. The rewards display is now more accurate and aligned with the protocol APY. 3️⃣ Staking Flow & UI Improvements As part of our new staking flow, GRAM deposited during an active validation round is represented by an SBT that automatically converts to hGRAM when the round ends. We've also refreshed the design to make the process clearer and better aligned with the new GRAM and hGRAM branding. 💜 Thank you for your continuous feedback and support. Keep sharing your ideas—we read them all and use them to make Hipo better. Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🎉 Hipo Reaches 4M GRAM Staked Hipos, we've officially surpassed 4,000,000 GRAM staked in Hipo! This is a historic milestone for our protocol and an incredible achievement for a community-built project powered by thousands of stakers, contributors, and HPO holders. With the recently introduced waiting period for new stakes, Hipo APY is now more stable and currently stands at 20.34%, while Hipo continues returning 100% of staking rewards to stakers. 💜 Reaching 4M GRAM is a huge achievement, but we're just getting started. If you believe in what we're building, help us reach the next milestone: • Tell your friends about Hipo • Share your staking experience • Mention Hipo in TON and crypto communities • Invite others to join the Hipo community and Hipo Chat Every new staker, every conversation, and every community contribution helps Hipo grow stronger. 🌟 Let's build together and move toward the next milestone — 5M GRAM staked. Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

⏳ Added a Waiting Period for Better APY Hipos, based on your feedback, we’ve added a new feature to help keep APY more stable. Now, any new GRAM staked in Hipo will wait until the current validation round ends — up to 18 hours — before receiving hGRAM and starting to earn staking rewards. This waiting time is now visible in the Hipo App. During this cooldown period, stakers will receive an SBT, which will automatically convert to hGRAM later. This change ensures that new deposits entering Hipo no longer affect the APY of the current round. As a result, APY should remain more stable and predictable, helping protect existing stakers and ensuring rewards are distributed more fairly. Our goal remains the same: deliver the highest sustainable staking rewards possible while creating a better experience for all Hipo stakers. 💜 Thank you for helping improve Hipo together.

🚀 Hipo Reaches #6 on DeFiLlama on TON Hipos, we just reached 3,988,927 GRAM staked and became the #6 protocol on TON by TVL on DeFiLlama. We are only a few thousand GRAM away from reaching 4M GRAM staked — a historic milestone for Hipo. This moment is special because we are reaching it together after years of building, improving, and growing as a community. We are also seeing more large GRAM holders choosing Hipo, showing growing trust in our approach. One thing we are proud of is that Hipo was not shaped by a few large investors from the beginning. As we shared during the HPO launch, there was no private round for big investors, creating a fair opportunity for retail users and the community to participate and help shape Hipo into a truly decentralized protocol.

A note about the current APY Because Hipo TVL has doubled recently, the next validation round will have a temporary APY decrease. This is not because rewards are reduced — Hipo continues returning 100% of staking rewards. The change happens because rewards are distributed across a much larger amount of staked GRAM. Currently, Hipo allows new stakers to participate immediately, meaning users who join during a round can still receive rewards even if their stake was not active for the full validation period. After the next round, APY will return to normal levels. We are discussing two possible approaches for the future: Option 1 — Keep the current system New stakers can join instantly, receive hGRAM, and participate from the start. This provides the best user experience but may create temporary APY changes when large amounts of GRAM enter. Option 2 — Add a waiting period New stakers would join the next validation round instead of immediately participating. This would make APY more stable but delay rewards for new users. We want to hear from the community. Which approach do you prefer? Share your thoughts in Hipo Chat and help shape the future of Hipo.

💜 Together, we are building Hipo step by step. Let’s keep moving forward toward 4M GRAM staked and beyond. Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🔥 Hipo TVL Up +403% in the Last 30 Days Hipo TVL has grown by 403% in the past 30 days, reaching 2.48M GRAM staked (≈ $4.37M), a new all-time high. This growth makes Hipo the #1 protocol on TON by 30-day TVL growth, according to DeFiLlama. A big thank you to everyone who has staked, shared feedback, and supported Hipo’s community-driven approach. These achievements come exactly 30 days after Hipo returned to validating, and they are the result of your incredible support. We'll continue returning 100% of staking rewards, offering the highest APY on TON, and distributing boosted HPO rewards to stakers. Now more than ever, the community plays an important role, by sharing Hipo with others and inviting them to be part of this growth. Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🚀 Hipo Enters DeFiLlama Top 10 Hipo has reached an important milestone with 2.32M GRAM staked (~$3.8M) and officially entered the DeFiLlama Top 10 protocols on TON. This is a big moment for all of us. The growth we’re seeing is the result of the strength and support of the Hipo community, it all belongs to you. As total TON staking activity continues to grow, Hipo validators now participate in both odd and even rounds. This means: • TVL updates every ~18 hours • Reward distributions every ~18 hours Also, thanks to the community, Hipo Chat has reached the required boost level. We’ll now start sharing daily stories with key KPIs and updates to keep this momentum going and stay aligned on growth. Hipo continues to offer the highest APYs by returning all staking rewards directly to stakers. 💜 Keep building, and invite your friends to join Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🎉 Hipo Reaches 2 Million Staked GRAM! Hipos, Just weeks ago, we were fighting to keep Hipo validating. Today, we've reached another incredible milestone: 🔥 2,030,672 GRAM staked in Hipo This achievement belongs to every member of the Hipo community who staked, invited friends, spread the word, and believed in Hipo when it mattered most. With protocol fees still set to 0%, stakers continue to receive 100% of staking rewards and currently enjoy an impressive 20.22% APY ⚡️ Thank you for helping us reach this milestone. Let's keep growing together and show what's possible when a community unites behind a common goal. 🌟 Onward to the next milestone! Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

⚡️ Instant Unstake is Live Hipos, based on your ideas and suggestions we’ve added a new feature to the Hipo app unstaking interface. Now you can see how much GRAM is available for instant unstaking and choose the option that best fits your needs. When you unstake your GRAM, you now have 3 options: 1️⃣ Wait until the end of the current round Earn the highest possible GRAM rewards by completing the full validation cycle. 2️⃣ Instant Unstake (if liquidity is available) Get your GRAM immediately. You will forgo rewards from the current round, but keep all rewards earned from previous rounds. 3️⃣ Swap on a DEX Instant swap your hGRAM to GRAM via DEX, but with trading fees and possible price impact. 💡 This feature was proposed by our members of the community, and it’s a great example of what community-driven product building looks like for Hipo. 💜 We’re always open to feedback and continue improving the experience together. Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

A New Chapter for GRAM Staking on TON As part of our rebranding from hTON to hGRAM, users staking GRAM through Hipo will now receive hGRAM — a liquid staking asset that keeps earning rewards while remaining fully usable across DeFi. In our latest blog post, we explain this update and why Hipo is a strong choice for GRAM staking. 👉 Read the full article: Medium, Telegraph Reminder: Hipo’s current APY is 20.14% 🔥 and we continue returning 100% of staking rewards to GRAM stakers until we reach sustainable TVL. Invite your friends to stake GRAM with Hipo and join the community. Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🚀 Hipo has crossed $3,000,000 TVL! With this milestone, Hipo is now the 3rd largest staking protocol on TON, surpassing Bemo and KTON. A huge thank you to our community for making this possible. 💜 🔥 1,741,111 GRAM staked ($3M+ TVL ) 🔥 19.77% APY 🔥 23,100+ stakers 👉 Stake GRAM now 🌟 The journey continues. Next stop: even higher. Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🔄 hTON is now hGRAM As the TON ecosystem embraces the GRAM brand, Hipo's liquid staking token has been renamed from hTON to hGRAM. ✅ Nothing changes for holders ✅ Same staking position ✅ Same rewards ✅ Same smart contracts ✅ Same DeFi integrations The name is new, but everything you love about Hipo stays the same. Stake GRAM. Receive hGRAM. Earn the highest staking rewards on TON. 💜 Welcome to the era of hGRAM Buy HPO ││ Stake GRAM ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🎉 Hipo Staking is now live on GroypFi! Thanks to our new partnership with GroypFi, users can now stake GRAM directly from the GroypFi app using Hipo and earn the highest APY on TON. 🔥 Current Hipo APY: 20.18% 👉 Stake your GRAM with Hipo on GroypFi GroypFi is an all-in-one TON SuperApp for Trading, Launching, Bridging, Staking, and Earning. Buy HPO ││ Stake TON ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🎉 Hipo Surpasses 1 Million Staked TON (Gram)! Just one week ago, we were fighting to keep Hipo validating. Today, we’ve crossed a major milestone: 🔥 1,040,388 TON (Gram) staked in Hipo This achievement belongs to our community💜. Thank you to everyone who staked, stayed with us during the uncertainty, and helped bring Hipo back stronger than ever. With protocol fees currently set to 0%, stakers are receiving 100% of staking rewards, making this one of the most attractive times to stake with Hipo. Let's keep the momentum going. Invite your friends, spread the word, and help us grow even further. 🌟 Thank you for believing in Hipo. Buy HPO ││ Stake TON ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

💬 Keep hTON or Align with GRAM? As the native TON token transitions from TON to GRAM, Hipo will support the change and no action is required from stakers or hTON holders. The question is whether we should keep the hTON name and branding or update it to align with GRAM. If we decide to rebrand, there will be no token swap or migration, everything would update automatically. However, over the years we've created articles, videos, guides, and educational content that all reference hTON, so we want to hear from the community before making a decision. Should we keep hTON or move to a GRAM-aligned brand? Buy HPO ││ Stake TON ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🚀 Hipo Club Season 5 Is Now Live! Season 5 has officially started, and you can continue earning boosted staking rewards in HPO, completing tasks, inviting friends, and collecting XP for future rewards. As part of our effort to grow Hipo's TVL, we have temporarily reduced the protocol fee to 0%. As a result, Hipo's staking APY has increased to 19.53%, making it one of the highest staking yields available on TON. You can also invite friends to stake with Hipo using your referral link and earn direct HPO rewards for every successful referral. Because the protocol fee is currently set to 0%, revenue-sharing rewards are temporarily paused. Once we reach a sustainable TVL and protocol operations become self-sustaining again, we plan to bring revenue sharing back. This season is all about growing together. Complete tasks, earn XP, invite new stakers, and help strengthen the Hipo ecosystem while earning rewards along the way. 👉  Join Hipo Club Now Let's make Season 5 our strongest season yet. Buy HPO ││ Stake TON ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🚀 Hipo APY is now 19.05% Following Hipo's successful return to validation and the decision to reduce the protocol fee to 0%, we can now see the actual results: 🔥 Hipo APY has reached 19.05% Thanks to the community, Hipo TVL has also grown to 850K TON. We're in a much stronger position than a week ago, but we still need to grow further to ensure Hipo can consistently participate in future validation rounds. Every TON staked and every new user joining Hipo makes a difference. 💜 Let's keep building together. Buy HPO ││ Stake TON ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🎉 Hipo Is Back to Validation Thanks to the incredible support of the Hipo community, our validator successfully participated in the latest validation round and is once again generating staking rewards. Just a week ago, Hipo was forced out of validation after our staked TON dropped below the validator requirement. But, today, thanks to the incredible support of the Hipo community, our validator has successfully returned to validation. A huge thank you to everyone who staked, shared Hipo with others, and supported us during this difficult period. Your support has been truly inspiring. Hipo is back in validation with an estimated APY of around 18%. However, our work is not finished. If we want to avoid facing the same situation again, we need to continue growing Hipo's TVL. Every TON staked and every new user introduced to Hipo makes a difference. To help accelerate growth, we have set the protocol fee to 0%. This means 100% of staking rewards generated by Hipo are now returned to stakers. As a result, Hipo currently offers significantly higher rewards than other staking options in the TON ecosystem. We will keep this model in place for a period of time and evaluate the next steps together as Hipo grows stronger. Once Hipo is back on stable ground, we will also launch Hipo Club Season 5 and share more details about the future of HPO. Thank you for standing with us. The fight is not over, but today is an important victory for the Hipo community. Buy HPO ││ Stake TON ││ Join Hipo Club ││ Follow Hipo ││ Watch & Learn ││ Hipo Chat

🚀 Incredible support from the Hipo community We’ve now reached around 800K TON TVL, and with the new TON network parameters, Hipo’s chance to participate in upcoming validation rounds has significantly improved. This is a strong step forward, but not the final one. Every additional TON matters. 🔥 As a reminder, we have set the protocol fee to 0%, which means stakers receive 100% of staking rewards — the highest possible rewards in TON staking. Now, growing TVL together gives Hipo a real chance to not miss future validation opportunities. 💜 Let’s keep building.

🔄 Update Noticed that a proposal to change TON network parameters was approved yesterday. While this does not guarantee anything, it may create a small opportunity for Hipo to return to validation, and we wanted to share this update with the community.

One of the approved changes increased the max_factor from 3 to 4.5. This parameter determines the allowed difference between the largest and smallest validator stake. • With a max_factor of 3, the validator stake range was approximately 2.7M TON to 900K TON. • With a max_factor of 4.5, the range becomes approximately 2.7M TON to 600K TON. Another important factor is that the validator set can include up to 400 validators. In the previous validation round, one validator slot remained empty. If that situation continues, there may be a chance for Hipo to participate again.

Currently, around 500K TON is staked through Hipo. This means that if an additional 100K–200K TON is staked, we may have a chance to rejoin validation. However, this is not guaranteed and will depend on the next election rounds and network conditions. To give Hipo the best possible chance, we have also made an important change: ✅ The protocol fee has been reduced to 0%. For now, all staking rewards will be returned to stakers. We are doing everything we can to keep Hipo alive and explore every possible path back to validation.