Elementary hexonomics
This article describes the supply properties of HEX token and HEX shares. Distribution phase HEX smart contract launched on December 2nd 2019. The first problem of any new cryptocurrency is the distribution of tokens to future users. HEX opted for a similar mechanism that was previously successfully used for the distribution of EOS tokens. The …. Read More
What is this BigPayDay hype all about?
Introduction to HEX HEX is a cryptocurrency issued by the HEX smart contract running on the Ethereum network (ERC-20 standard). The contract allows HEX to be the first blockchain certificate of deposit. This main use case is integrated in the immutable code of the contract that was audited twice for security and once for its …. Read More
Ethereum Genesis Wallets of 700,000+ ETH Move Big Blocks Into DeFi Staking Product HEX, Chainalysis Reveals
When a DeFi staking product is well designed — audited and 100% on-chain — every address can be inspected. This means seeing who bought or sold, whether an address has stakes open, when those stakes expire, what other coins they hold — everything! It is even possible to see when big stakes are set to …. Read More
Are you interested about the interest rate of HEX?
Unlike in a traditional bank certificate of deposit, the interest rate in HEX is dynamic and truly impossible to predict on long term, because it depends on the behaviour of stakers. The official HEX contract frontend go.hex.com recently got included a chart showing daily interest per trillion shares (HEX per T-Share) over time. This historic …. Read More
Video tutorial on HEX shares
A member of the HEX community created a really good video tutorial on HEX shares. If you own HEX, you should make an effort to understand what shares are. They are the single most innovative aspect of HEX that differentiates it from the rest of Decentralized Finance (DeFi), besides its code being triple audited and …. Read More
DeFi’s Cream of the Crop Blazes Ahead with 2,000 TPS at <$0.01/Tx, Privacy, 100% Uptime, and Audits
Recently labeled the first mover in DeFi by cryptocurrency expert and influencer Ivan on Tech, the advancements in its first 8-months have HEX — The First High Interest Blockchain Certificate of Deposit — are outmatching and outperforming all other cryptocurrencies in the DeFi sector. While HEX is still in its Launch Phase until November 19th, such a rapid …. Read More
Stake it till you make it!
Cryptocurrencies are a weird thing. They are the fastest appreciating asset class, but nobody can honestly explain why is this so without resorting to narratives and speculative ideation. Their value creation is rarely connected with their use case, or with the proposed future use case. Many are incomplete projects that are far from ready for …. Read More
Shares are forever
There is a lot of mysticism surrounding HEX shares, mostly because few understand what these are, but some intuitively understand their importance. It is now obvious that HEX is not just a boring blockchain certificate of deposit. It has incentives based on game theory to motivate, or to prevent, specific behaviours. Shares are the crucial …. Read More
Freeclaiming your HEX
If you owned Bitcoin at the time of the UTXO snapshot on December 1st 2019, you have the right to claim your free HEX. To feeclaim HEX, you don’t do anything with your Bitcoin. You don’t need to still have any Bitcoin in the address with which you claim. Only the amount recorded in the …. Read More
How to stake HEX?
Video tutorial on staking HEX on go.hex.win frontend to the HEX smart contract. This frontend requires Metamask wallet. For other wallets you can use other contract frontends. Staked HEX is bound to the Ethereum address used for staking, so make sure you have the private key and/or the seed phrase saved, well hidden and safe …. Read More