How HYVE MS Works
A revolutionary token model with a Minimum Redemption Price, progressive pricing, and dividend rewards for holders.
1
0.50 XRP
L1
0.50 XRP
—
XRP Backing
—
XRP Available
How It Works
Connect & Approve
Connect your wallet and approve XRP spending to interact with the protocol.
Mint HYVE Tokens
Purchase tokens at the current level price. Price increases as levels progress.
Earn Dividends
Hold ≥25 tokens to receive your share of the dividend distributions.
Redeem Anytime
Sell tokens back into XRP.
Core Features
Progressive Pricing
Token prices increase as levels progress. Early minters get the best prices, creating natural value appreciation.
Minimum Redemption Price
The MRP is the floor price if all circulating supply was to be redeemed. You can always redeem tokens at the current MRP level price.
Passive Dividends
Hold ≥25 HYVE tokens to earn dividends from the protocol. 2% of all mints flows to the dividend vault for eligible holders.
Why HYVE MS?
Fee Distribution
Mint (5% XRP fee on top)
Adds to liquidity
Protocol development
Token Distribution:
3% of minted tokens
Redeem (5% XRP fee deducted)
Token Distribution:
3% of redeemed tokens
XRP Fee (5% of 97% token value):
Adds to liquidity
Protocol development
95% of 97% token value