Hyperliquid: USDH issuer bidding vote will start at 18:00 on September 14

Foresight News reported that Hyperliquid announced the USDH issuer bidding vote will begin at 18:00 on September 14. Stakers must stake to validators that match their vote before this time. Voting is conducted entirely through transactions on the Hyperliquid blockchain and is based on staking. When the required quorum (2/3) is reached, the designated address will be able to bid for the code in the spot deployment Gas auction. Hyperliquid reminds that the foundation validators will vote for the team with the most non-foundation votes, according to the validator commitments made on September 11 (weighted by staking as of September 14), thereby effectively abstaining.