Hypha

Overview

Hypha (formerly GoGoPool) is a decentralized validator marketplace and liquid staking protocol built on Avalanche. The platform enables builders to achieve fully permissionless Layer 1 blockchains, allowing creators to innovate without fear of centralized control. Hypha provides the infrastructure and tools necessary for validators, stakers, and Layer 1 builders to participate in the Avalanche ecosystem with minimal barriers to entry.

Features

• Minipools & Liquid Staking: Validate Avalanche with reduced requirements and earn yields through ggAVAX liquid staking token.
• Layer 1 Launcher: Deploy your own Layer 1 blockchain with ease and attract validators through custom marketplaces.
• Layer 1 Marketplace: Discover and engage with decentralized Layer 1s, participate in validation, staking, or delegation.
• ggAVAX Token: Liquid staking token that allows users to earn yield while maintaining liquidity.
• Permissionless Validation: Democratizes validator participation by lowering the technical and capital barriers.
• Validator Infrastructure: Decentralized network of validators ensuring security and reliability.
• DeFi Integrations: ggAVAX is integrated with major DeFi protocols including DeltaPrime, Balancer, Wombat Exchange, and Uniswap.

Documentation

For detailed guides, API references, and technical documentation, visit the Hypha Documentation.

Use Cases

Hypha serves various needs within the Avalanche ecosystem:

• Liquid Staking: Stake AVAX and receive ggAVAX to maintain liquidity while earning staking rewards.
• Validator Operations: Run validators with reduced capital requirements through the minipool system.
• Layer 1 Development: Launch and manage custom Layer 1 blockchains with built-in validator infrastructure.
• Validator Marketplace: Access a decentralized marketplace of validators for new Layer 1s.
• DeFi Yield: Utilize ggAVAX across multiple DeFi protocols to maximize yield opportunities.

Security

Hypha prioritizes security with multiple independent audits:

• Code4rena audit (December 2022 - January 2023)
• Zellic audit (November 2022)
• Kudelski Security audit (October 2022)

Conclusion

Hypha provides essential infrastructure for permissionless validation and Layer 1 development on Avalanche. By combining liquid staking with validator marketplace functionality, Hypha makes it easier for both validators and Layer 1 builders to participate in the Avalanche ecosystem while maintaining decentralization and accessibility.