HEX
HEX pays Interest Without Trust without the risk of the other party
What is Hex?
HEX is a project to re-create general banking products called "time deposits". HEX is an ERC-20 token and is fully automated in the form of smart contracts on the Ethereum blockchain. You only need to use the Metamask extension to participate.
HEX is the first deposit certificate on the blockchain! HEX pays Interest Without Trust without the risk of the other party. Given the money that can be programmed, the program must first flower.
Paying holders instead of miners. Risking HEX is like getting free mining hardware and electricity. Comparison of Bitcoin and HEX,
No Satoshi (if he doesn't claim in 50 weeks) or Mt.Gox dumps you. There are no inflation bugs that might occur like those of bitcoin. Refracted unit bias. Mining ecosystems are more distributed. Pope punishment for giving whale coins to staker makers, etc.
Paying holders instead of miners. Risking HEX is like getting free mining hardware and electricity. Comparison of Bitcoin and HEX,
No Satoshi (if he doesn't claim in 50 weeks) or Mt.Gox dumps you. There are no inflation bugs that might occur like those of bitcoin. Refracted unit bias. Mining ecosystems are more distributed. Pope punishment for giving whale coins to staker makers, etc.
Around 12 million or more than 18 million of the total value of BTC from HEX claims will be given to shareholders on day 353 with shares. And! This will be multiplied by the Viral and CriticalMass adoption bonus multipliers which can increase it up to 3x. Stock prices only go up.
A staker who ends an initial bet or is late paying a faithful staker. The commitment of the older shares to pay 20% more per year, up to 3x shares, (some years no problem). Lower costs, lower inflation. Referral program. The founder is a marketing expert with an audience. Early adopters get paid very well.
20% Speed bonus falls to 0% for fifty weeks. Unclaimed coins are paid to the staker 2% per week for 50 weeks. Every week you don't claim, other people get your coins. Critical mass bonuses and Virality increase payments to staker makers so they make HEX more people claiming, than if fewer people claim, even though they get unclaimed coins on day 353. Each pump to lock inventory, increases adoption and prices.
The HEX project aims to create interest-bearing savings accounts in the cryptocurrency space while eliminating the need for trusted third parties. The basic features of the project are greatly influenced by traditional Deposit Certificate accounts. Once launched, all project functionality will be handled by smart contracts instead of companies / organizations. The base interest rate offered by HEX is 3.69% per year, with the possibility of bonus interest for a longer locking period.
How does HEX work?
While the analogy of bitcoin miners is useful for explanation, in reality, miners do not have participation in HEX. Replacing it is a staker maker. When risking, the investor promises to hold the HEX for a certain amount of time. Doing so, the interest credit on the percentage of HEX is at stake. This percentage return depends on how many HEX holders are at stake at one time. If only 1% of shareholders, return on investment (ROI) per year can exceed 369%. If 10% are shareholders, the average ROI for stakers will be reduced to 36.9%, and so on. If a maximum of 99% shareholders are HEX, a minimum of 3.69% ROI will still be available for betting makers.
The longer the bet is held, the more bonuses received. For example, Hex rewards investors with a 20% bonus share per year additional share commitment, paid on all stock commitments for one week.
The minimum time that a holder can bet for a stand is seven days, with a maximum hit of up to 50 years. While a stake has been created and is in the process, the holder cannot add, subtract, or modify the length or number of stakes. A stake can be terminated early through a protocol known as the "Emergency End Stake." However, holders are charged for terminating the stake early - equivalent to a gain of half a week commitment.
When betting through the Hex.win website , interest payments are allocated in HEX on the expiration date of the betting period. After this period ends, the holder can reinstall or remove the token.
How to claim HEX
To claim HEX, investors must have held bitcoin in a private wallet - such as Electrum, or Coinomi - during the snapshot on December 2. Investors can claim from several wallets at a rate of 10,000 HEX per BTC, with an additional 20% bonus in the first week after the photo.
According to the Hex.win website, holders only have up to 50 weeks after the initial photo to claim their HEX. Late claim fees also apply. For every week of unclaimed HEX, the allocation of HEX will decrease by 2%. This is done to provide incentives for the initial holders. However, those who missed the snapshot and claim period can still buy HEX coins to bet.
Internal claims made in the 353 day launch phase are autostated. Autostaking locks 90% of HEX tokens to ensure early disposal and to encourage the discovery of HEX prices.
In essence, HEX is preparing to become the main financial instrument of the crypto revolution. Based on the old traditional institutions, Hex aspires to instill positive feedback to encourage the adoption and appreciation of values.
Hex has a lower inflation rate than Bitcoin ,
even after that rate was cut in half twice in 10 years. Inflation is also delayed, because it is only paid at the end of the bet, and the bet can last 10 years. The inability to trade coins at stake increases the value of coins not at stake, and the possibility that some people will take early and pay fines to loyal betmakers.
Flowers without trust.
Let's say you want to make more bitcoin on your bitcoin. What is your choice? You can lend your coins and risk it is not returned, or you can try selling your coins for mining hardware and hope to get more coins back later. Many people lose money by trying.
Risk of opposing parties in Bitcoin investment.
To get interest on their Bitcoin, most users send it to centralized third parties, such as exchanges. There, coins can be borrowed to "condense" the market. The seller borrows coins for sale, hoping they can buy back cheaper before returning them, thus benefiting from a price reduction. These centralized parties are security holes that are often hacked, destroy privacy, or introduce fees if you want to spend money. Billions of dollars in coins sent to the exchange or lenders have been stolen. Not your key, not your coin.
These third parties and centralized intermediaries are very important for users who are looking for results (making interest) so the company itself has generated more profit on Bitcoin than its founder. The value of billions and billions of dollars has shifted into the pockets of middlemen. HEX corrects this.
This replaces this third party with a peer-to-peer to trust system. Instead of sending your HEX to the exchange so they can lend it on your behalf to get interest for you, you simply lock it in the same smart contract that prints all HEX in the first place, and it gives you an interest credit. If you are given programmable money, the first thing you need to program is interest.
HEX pays interest to stakers rather than miners.
Some users try to mine to make more cryptocurrency. Instead of sending your money to foreign mega-corp to buy mining equipment that appears late, used, or never at all, you can skip depreciated assets and electricity bills and just hoard your coins.
HEX is the first digital currency with a supply chart that can be sold in the future ( the validity period expires from time to time). This guarantees the buyer's confidence in the value of their investment in the future.
HEX has a Speculative Stickiness.
Normal crypto currencies have: Price, hash rate.
HEX has: HEX prices, Stock prices, Directly affect staker earnings per share:% of supply bets, Average stock length, Average stock size, expired charts over time, initial and final penalty of stock bets.
Normal crypto currencies have: Price, hash rate.
HEX has: HEX prices, Stock prices, Directly affect staker earnings per share:% of supply bets, Average stock length, Average stock size, expired charts over time, initial and final penalty of stock bets.
What is HEX TOKEN?
The first high-interest blockchain certificate of deposit designed to be taller, faster, and maintain its value ... built on Ethereum as an ERC20 token.
Anyone who holds Bitcoin on December 1, 2019 (Snapshot) will be able to claim 10,000 Free Hex Tokens for every Bitcoin they have. 💁♂️
In other words, if you have a lot of Bitcoin in your wallet ... You will be able to claim lots of Free HEX by logging in using your key! 🤑
All "Crypto Enthusiasts" will also be able to get Hex Tokens now by sending Ethereum (ETH) to the HEX Adopting Amplifier.
The longer you wait to claim and bet, the less coins you will get. So, if you want the "Most Gainzzz" of your Free HEX, you should claim ASAP!
In the last 24 hours since it was launched, there have been more than 3+ million dollars (20,543+) ETHs that have now been sent to Adoption Amplifiers!
Click the link of my ambassador to get a 10% bonus when you claim for free or convert ETH to HEX!
This is not financial advice and please do your own due diligence before doing anything in the crypto room.
The first high-interest blockchain certificate of deposit designed to be taller, faster, and maintain its value ... built on Ethereum as an ERC20 token.
Anyone who holds Bitcoin on December 1, 2019 (Snapshot) will be able to claim 10,000 Free Hex Tokens for every Bitcoin they have. 💁♂️
In other words, if you have a lot of Bitcoin in your wallet ... You will be able to claim lots of Free HEX by logging in using your key! 🤑
All "Crypto Enthusiasts" will also be able to get Hex Tokens now by sending Ethereum (ETH) to the HEX Adopting Amplifier.
The longer you wait to claim and bet, the less coins you will get. So, if you want the "Most Gainzzz" of your Free HEX, you should claim ASAP!
In the last 24 hours since it was launched, there have been more than 3+ million dollars (20,543+) ETHs that have now been sent to Adoption Amplifiers!
Click the link of my ambassador to get a 10% bonus when you claim for free or convert ETH to HEX!
This is not financial advice and please do your own due diligence before doing anything in the crypto room.
For more information, please visit the link below:
WEBSITE: https://hex.win
TWITTER: https://twitter.com/HEXCrypto
FACEBOOK: https://www.facebook.com/HEXcrypto
MEDIUM: https://medium.com/hex-crypto
TELEGRAM: https://t.me/HEXcrypto
INSTAGRAM: https://www.instagram.com/HEXcrypto
GITHUB: https://github.com/bitcoinHEX
Username: shisepti
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