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HEX is designed to replace underperforming currencies, banks, and payment networks and has secure peer-to-peer technology.
The creator of the project is Richard Heart, the launch of HEX took place on 2 December 2019. HEX was created as a Certificate of Deposit on the blockchain.
"HEX is the first certificate of deposit on the blockchain."
Payments come to owners who hold coins, not miners. No need to pay for electricity and hardware, the profits come from Staking HEX.
Hex inflation will be low through:
- Payments will only be made after the completed stakes
- No trade coin in stake
- Early endstake have pay penalties to loyal stakers
Cryptocurrency HEX is interesting because it has a chart of future sellable supply, this is extremely important because it guarantees buyers the value of their investment in the future.
Trustless interest
Those who hold coins in Stake get more when the smaller coins that stake
The graph shows only the yield of interest, other bonuses will yield a profit of 50x-100x more than the interest for 50 weeks.
Most of the profits are paid on day 353 when the non-demanded coins are paid out, and a penalty for non-timely withdrawal, bonus multipliers, is accrued.
Longer stakes
For longer staking you get more interest. This is due to the enhancement of the LongerPaysBetter bonuses.
Referrals
By inviting people to the platform, you receive 20% of what ETH users receive from AdoptionAmplifier or FreeClaiming. Also, people who use a referral link get 10%.
Video on how to create a referral link:
Security
For HEX, you can use Ledger and Trezor hardware wallets and metamask. Also available is ledger nano s HEX interface that doesn't need metamask.
HEX has conducted two independent security audits. Also conducted an audit of mathematician on HEX's economics.
HEX Sites
HEXDEX.WIN
HEX EXCHANGE
HEX.VISION
REALLY DEEP, CUSTOMIZEABLE STATS
HEXVIZ.XYZ
REAL-TIME TX VISUALIZER
HEX-DATA.COM
HEX DATA & VISUALIZATIONS
HEXCURRENCY.COM
HEX NEWS AND GAMES WEBSITE
HEX Feature
Each feature is designed to increase price HEX and adoption. The faster and more stake you buy, the higher your reward will be.
- AdoptionAmplifier: - Send ETH to the lobby. Your % of that day's total ETH gets the same % of that days HEX. Day 1 mints Billion HEX. Days 2-351 have ~500 million, to as low as ~300 million if 100% of FreeClaims are made.
Staking Bonuses
(Launch phase only. Paid on day 353.)
- We'reAllSatoshi: - Stakers get all the unclaimed HEX.
- LateClaims: - Every week a BTC holder doesn’t claim they lose 2% of it to stakers.
- SillyWhalePenalty: - 1k-10k+ BTC claim penalties of 50%-75% their HEX goes to stakers. Multisig can't claim.
- GoxMeNot: - The 137,891 Mt.Gox BTC can't claim.
Staking Bonuses
( Launch phase only. Paid daily )
- CriticalMass: - Amplifies staker pay up to 100% if 100% of possible BTC coins FreeClaim. Excludes TruthEngine.
- Virality: - Amplifies staker pay up to 100% if 100% of possible BTC addresses FreeClaim. Excludes TruthEngine.
Staking Benefits
( Continuous (Permanent) )
- StakeSharePrice: - Only increases. Set by the maximum ROI any stake ever ended at.
- Staking: - If 1% of HEX supply stakes, they average 369% interest e.g. If 2% then 184.5%, if 10% then 36.9% Fewer stakers means higher interest. More stakers means less circulating supply. 1 day minimum.
- TrustlessInterest: - HEX mints up to 3.69% of total supply a year to stakers. If only 1% of HEX is staked, avg ROI is 369%
- LongerPaysBetter: - The longer you stake, the more you make. Up to 3x shares on a 3641 day stake.
- BiggerPaysBetter: - Up to 10% bonus shares at 150M HEX staked.
- Compounding: - Ending a stake to reinvest its yield never pays more HEX than having a longer stake.
- TruthEngine: - 50% of EmergencyEndStake penalties: 1/2 stake days, minimum 90. Can hit principal. 50% of LateEndStake penalties: 1% of stake per week after 14 day grace period. Can hit principal.
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Author:
badlam
https://bitcointalk.org/index.php?action=profile;u=2606564