> For the complete documentation index, see [llms.txt](https://docs.hipo.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hipo.finance/hipo-tokens/hipo-staked-gram-hgram.md).

# Hipo Staked GRAM (hGRAM)

## What is hGRAM?

By staking with Hipo, you receive **hGRAM**, a liquid token that represents your staked GRAM.

After each validation round, staking rewards are **accumulated into the price of hGRAM**, meaning its value gradually increases compared to GRAM.

Since it can be difficult to manually track these earnings, you can now **see your exact staking rewards for each validation round directly in the** [**Hipo App**](https://app.hipo.finance/#/page=reward/).

With hGRAM, you maintain **liquidity while your GRAM is earning staking rewards**. You can also use hGRAM across various [DeFi activities](https://app.hipo.finance/#/page=defi/) on TON.

{% embed url="<https://youtu.be/nS7DcVXseyo>" %}
Dive into the World of hGRAM: Hipo Staked GRAM
{% endembed %}