HDROME Token
Token Details
| Property | Value |
|---|
| Symbol | HDROME |
| Decimals | 18 |
| Chain | HyperEVM (Chain ID 999) |
| Standard | ERC-20 |
| Total Supply | 1,000,000,000 |
Core Utilities
HDROME is the native token of the Hyperdrome protocol. Its primary utilities:
- Lock for veHDROME — Lock HDROME to receive veHDROME voting power as an ERC-721 NFT
- Governance — veHDROME holders govern protocol parameters and emission allocation
- Gauge Voting — Direct weekly HDROME emissions to liquidity pools of your choice
- 100% Trading Fees — Voters earn 100% of trading fees from the pools they vote for
- Bribes — Earn external bribes deposited by protocols seeking liquidity
- Rebases — Anti-dilution HDROME rebases protect long-term lockers from emission dilution
Lock Mechanics
Locking HDROME creates a veHDROME position represented as an ERC-721 NFT (veNFT). Voting power decays linearly over the lock duration.
Lock Parameters
| Parameter | Value |
|---|
| Minimum Lock | 1 week |
| Maximum Lock | 4 years |
| Decay | Linear over lock duration |
| Representation | ERC-721 NFT (veNFT) |
votingPower = (lockAmount × lockDuration) / maxDuration
maxDuration = 4 years. The longer you lock, the more voting power you receive:
| Lock Duration | Voting Power (% of locked amount) |
|---|
| 4 years | 100% |
| 2 years | 50% |
| 1 year | 25% |
| 6 months | 12.5% |
veNFT Management
| Action | Description |
|---|
| Create | Lock HDROME to mint a new veNFT with chosen duration |
| Increase Amount | Add more HDROME to an existing veNFT |
| Extend Lock | Extend the lock duration to increase voting power |
| Merge | Combine two veNFTs into one (durations reconciled) |
| Transfer | Send your veNFT to another wallet (ERC-721 transfer) |
| Withdraw | Claim unlocked HDROME after lock expiry |
Locked HDROME cannot be withdrawn until the lock expires. Voting power decays linearly — a 4-year lock at 1,000 HDROME starts at 1,000 veHDROME and reaches 0 at expiry. Extend your lock to maintain full voting power.
