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Hipo Hipo @hipofinance Β· 738K subscribers
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🌟 Introducing Hipo Version 2 Feature: Soul-Bound Tokens (SBTs) 🌟

In our continuous journey to enhance Hipo, we're introducing Soul-Bound Tokens (SBTs) in Hipo Version 2 to revolutionize your experience.

πŸ’‘ What are SBTs?
In Version 1, depositing TON or unstaking hTON felt like a one-way transaction. With SBTs in Version 2, every deposit or unstaking request generates a unique SBT, representing your ongoing request in Hipo. These tokens are non-transferrable and serve as receipts of your actions within the protocol.

πŸ” How do SBTs Work?
When you initiate a deposit or unstaking request, you'll receive an SBT, reflecting your current state in your TON wallet. These tokens remain active until your request is fulfilled, at which point they are automatically burned.

πŸ›΅ Enhanced Utility
While you're waiting, SBTs can be utilized in various ways, including interaction with other smart contracts. This feature enhances transparency and empowers users to track and validate their actions within Hipo.

✨ Stay tuned for more updates as we delve into the next exciting feature in Hipo Version 2.
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