Foresight News , Buidlpad announced a partnership with Midas and Hyperithm to integrate Midas' mHYPER strategy into its Buidlpad DeFi product. mHYPER is a market-neutral stablecoin strategy managed by Hyperithm, designed to provide a flexible annualized yield (APY) based on current market conditions. Its historical APY has increased between 5% and 13% over the past three months.
Users can deposit USDC (Ethereum) or USDT (Plasma) into Buidlpad DeFi, which will be automatically converted into mHYPER tokens. There is no minimum deposit requirement and no lock-up period. The mHYPER price is updated twice a week, allowing users to transparently track asset appreciation.
