HYPT is the token of the Hyperdust Protocol, issued by the Hyperdust Foundation in Singapore. The protocol is dedicated to tokenizing computing power for applications in the metaverse, AAA games, AI, and other computationally intensive Web3 applications.
Compared to existing Web3 computing power leasing platforms, the Hyperdust Protocol is the first to tokenize GPU computing power. It introduces a mechanism similar to the Ethereum Virtual Machine (EVM), where users can drive the Graph Virtual Machine (GVM) on nodes using HYPT tokens by paying only the HyperGas fee. This enables high-performance computing, such as real-time cloud rendering for XR, generative AI training, and inference.
Constant Product Mining Algorithm
Constant Product Mining Algorithm and the Advantage of Early Miners
The constant product market-making algorithm, widely used and validated in DeFi platforms like Uniswap, is innovatively applied to the mining algorithm in the Hyperdust Protocol. This approach effectively forms a stable and self-regulating token issuance mechanism.