Hyperliquid validators to vote on USDH stablecoin ticker 🗳️
Hyperliquid, a decentralized exchange and Layer-1 chain, is gearing up for a governance vote. In this vote, protocol validators will play a crucial role as they determine which team will receive the USDH ticker. This ticker is significant as it allows for the issuance of a native stablecoin on the Hyperliquid network.
The decision-making process showcases Hyperliquid’s commitment to decentralization by involving validators. With the vote set to take place soon, all eyes are on which team will gain the responsibility and opportunity to contribute to the network's stablecoin landscape.
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