How to deposit
HyperUSD tokens are minted upon deposit and burned when redeemed.
During Phase 1, Hyper OT only accepts USDC deposits in order to mint HyperUSD. In future phases, USDT, lvlUSD, and USDe will also be accepted as collateral.
Deposited assets are staked and deployed into Hyper OT's flagship fund running an automated looping strategy.
Vault Deposit Caps
Hyper OT has capped deposit amounts in order to grow gradually and ensure the highest level of security and yield efficiency for depositors.
User Deposit Caps
To limit insider deposits, (and high volume initiated withdrawals by a single user). Each unique wallet is allowed to deposit a max of $50,000 USDC. This incentivizes a breadth of community participation.
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