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Hyperion launches the native staking mechanism RION Staking I, announcing the official debut of RION Utility.
On July 23, Aptos' largest decentralized trading platform, Hyperion, announced the official launch of the RION Utility prologue, initiating the native staking Staking Phase I. Users can now lock RION to participate in the native staking mechanism, entering the first phase of network construction and value sharing. The total duration of Staking Phase I is 1 month and will end at 9 PM Beijing time on August 22. The staking time for users is based on actual participation time, and the rewards come from a portion of the platform's trading fee revenue. This mechanism aims to identify and incentivize real contributors and lay the foundation for more RION application scenarios in the future, while reflecting Hyperion's high regard for genuine interactions and ecological positive cycles. Hyperion stated that this phase is the first step in unlocking RION Utility, and more utility scenarios based on real income will be continuously released in the future, stay tuned.