HYPE Staking Fees

Fees

SpinUp charges a 10% fee on the staking rewards earned by HYPE stakers.

• Purpose: This fee supports product development, validator operations and infrastructure, security reviews, and team expenses that keep SpinUp running securely and reliably.

• Rewards only: The fee applies only to staking rewards, never to your principal. Deposits and withdrawals are always free.

• Collected weekly: A small weekly deduction equals 10% of that week’s rewards. If no rewards accrue in a given week, no fee is charged.

• Auto-adjusts with APR: As network APR changes, the deduction recalculates so the effective fee always remains 10% of rewards.

Example (Yearly):

If you stake 10,000 HYPE at a 2.2% APR, your gross yearly rewards are ~220 HYPE. SpinUp’s fee is 22 HYPE (10%), and you keep ~198 HYPE.

How fees are collected:

The 10% reward fee is collected weekly by applying a small deduction to your staked balance.

• Weekly fee rate ≈ 0.00423% (decimal 0.0000423), calculated as: weekly_fee_rate = (APR × 10%) ÷ 52 → 0.022 × 0.10 ÷ 52 ≈ 0.0000423

• Rounded: 0.0042% per week.

Example (Weekly):

If you stake 10,000 mHYPE, the weekly fee is:

10,000 × 0.0000423 ≈ 0.423 mHYPE.

Over 52 weeks, this totals ~2.2 mHYPE (≈0.22% of 10,000), which matches the 10% fee on rewards when APR is 2.2%.

Notes:

• When the underlying APR changes, the weekly fee rate updates so the effective fee always stays at 10% of rewards.

• Figures are illustrative; actual rewards depend on the network APR at the time they accrue.