The HOPR protocol offers network-level privacy and metadata privacy for all types of data exchange. Mixnet is designed to be more secure than TOR. It routes data through multiple intermediate relay hops, which mix traffic, and protects both sender AND recipient identities. Now the project launches staking with NFT rewards and you can earn over 18. 25% APR.

The HOPR Staking Program

HOPR, the first-ever open incentivized communication mixnet where users earn tokens for running nodes, is launching a gamified staking program. The contract is available for staking deposits from July 20th, rewards will start to pay out from July 27th and the program will run for 175 days.

The contract will be deployed using xDAI Chain. The staking token will then be xHOPR. To stake or lock tokens, you can send xHOPR directly to the contract address. The wrapped token of the project, wxHOPR will be used to pay out rewards. Developers will provide an interface for managing your stake, rewards and NFT boosts.

The staking contract pays 0. 05% per day, which works out at 18. 25% APR, but you can further boost this APR by earning and redeeming NFTs. NFT boosts are used to encourage the community to test advanced parts of HOPR protocol like cover traffic. However, developers will also issue NFTs tied to specific events, such as experiments, games, promotions and partnerships with other projects in order to bring more users to HOPR.

Read the full details of the HOPR Staking Program here.

Data Privacy and Decentralization

If you’re not familiar with HOPR yet, it is a decentralized network that allows users to send encrypted data and not expose their metadata.

More people are aware of how our private data and metadata is being recorded, sold, and used against us. There has been a huge increase in VPN services that claim they can protect your online privacy. However, these centralized companies are not trustworthy and cannot be trusted. TOR is a decentralized privacy solution. However, it lacks incentives to keep the network running. This makes it slow and almost stagnant.

HOPR addresses both of these problems by being fully decentralized and transparent. It also offers incentives for maintaining the network through digital tokens. The project’s team of experts is well-known and even created a hardware router to allow you to directly access the network.

To learn more about HOPR visit the project’s website, and follow the community on Twitter, Telegram and Discord.

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