Hyperion, a leading decentralized exchange within the Aptos blockchain ecosystem, has unveiled a dual-token model featuring RION and xRION tokens to expand governance and utility capabilities for users.
RION serves as a transferable utility token with a maximum supply capped at 100 million tokens. It facilitates core platform functions including transaction settlements, cross-chain transfers, and as a distribution mechanism for ecosystem rewards and incentives.
Complementing RION, xRION operates as a non-transferable governance token obtained exclusively through staking RION. Holders gain voting rights in Hyperion’s decentralized autonomous organization (DAO) decisions and access to allocation quotas for Launchpad projects.
The protocol enables conversion from RION to xRION based on staking lock-up durations, which extend up to 52 weeks for maximum benefits. This incentive structure aims to foster long-term participation in platform governance.
By implementing this dual-token architecture, Hyperion seeks to strengthen decentralized finance infrastructure on Aptos through enhanced governance participation and expanded utility frameworks for token holders across its ecosystem.