Hyperliquid: this new function could disrupt tokenized stocks

Share

Hyperliquid announced scaleWei, a function integrated into its HIP-1 standard that enables automatic token distribution proportional to holders and proportional redenomination. This technical feature makes dividend payments and stock splits on tokenized assets possible, operations previously impossible on the blockchain. The Hyperliquid platform already dominates the tokenized stock market via HIP-3, with assets such as Nvidia, Tesla, or SK Hynix. By adding this capability, Hyperliquid moves closer to a complete decentralized exchange where traditional stock market mechanisms would be natively reproduced without intermediaries.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles