HEX A new cryptocurrency-based financial tool known as HEX
CDs are worth more than gold, credit card companies, and cash. CDs pay higher interest than savings accounts, requiring money be deposited for a fixed time. Banks profit on poor customer service, early withdrawal fees, and auto-renewing you at worse rates. The % they pay you in interest doesn’t keep up with the % prices increase. New USD is printed all the time, making yours less valuable. HEX replaces inefficient currencies, banks and payment networks with verifiably secure peer-to-peer technology. HEX takes the profit out of banks and government money printing and gives it to HEX holders.
How? Use a computer science breakthrough to disrupt the largest markets in the world with a product of nearly infinite profit margin. Eliminate middlemen, users can transform Ethereum directly into HEX. Kick-start adoption, give Bitcoiners free HEX. Help small guys, penalize Bitcoin whales. Early claimers get bonuses, late claimers get penalties. Pay bonuses to referrers and those referred. Pay the unclaimed coins and interest to those who time lock their HEX. Longer and larger stakes get more shares and the price per share only increases. HEX aligns incentives, so the more people that participate, the better everyone does!
How Does Staking HEX Work?
While the bitcoin miners analogy is useful for explanation, in reality, miners don’t have any participation within HEX. Replacing them are the stakers. When staking, investors promise to hold HEX for a specified amount of time. Doing so, credits interest on a percentage of HEX staked. This payback percentage depends on how many HEX holders are staking at any one time. If only 1% of holders stake, the return on investment (ROI) per year can exceed 369%. If 10% of holders stake, the average ROI for stakers will reduce to 36.9%, and so on. If a maximum of 99% of HEX holders stake, a minimum of 3.69% ROI will still be available to stakers.
The longer a stake is held, the more bonuses are received. For example, Hex rewards investors with a 20% bonus shares per extra year of stake commitment, payable on all stake commitments over one week.
The minimum time a holder can stake for stands at seven days, with the maximum hitting up to 50 years. While a stake has been made and is in progress, holders cannot increase, decrease, or otherwise modify the stake length or amount. A stake may be ended early via a protocol known as “Emergency End Stake.” However, the holder incurs a fee for ending the stake early – equivalent to the profit of half the weeks committed to.
When staking via the Hex.win website, interest payouts are allocated in HEX at the expiry date of the staking period. Once this period ends, holders can either re-stake or dump the tokens.
How To Claim HEX
In order to claim HEX, investors must have held bitcoin in a privately owned wallet – such as electrum, or Coinomi – at the time of the snapshot on December 2. Investors can claim from multiple wallets at a rate of 10,000 HEX per BTC, with an added 20% bonus in the first week following the snapshot.
According to the Hex.win website, holders only have until 50 weeks after the initial snapshot to claim their HEX. Late claim penalties also apply. For every week HEX goes unclaimed, the HEX allocation will decrease by 2%. This is done in order to incentivize early holders. Nevertheless, those who missed out on the snapshot and claim period can still buy HEX coins to stake.
Intail claims made in the 353-day launch phase are autostaked. Autostaking locks in 90% of HEX tokens to ensure against premature dumping and to encourage the price discovery of HEX.
In essence, HEX is shaping up to become the primary financial tool of the crypto revolution. Based on the traditional institutions of old, Hex aspires to instill a positive feedback loop in order to foster adoption and value appreciation.
Install MetaMask in browser.
Go to claim tool on go.hex.win tomorrow when it's live.
Open your Bitcoin wallet and sign the statement given to you by the claim tool.
Paste the signature into the claim page.
Click "Submit". DONE!
Note: Your ETH address is your HEX address.
December 1st 7:00 PM EST: Bitcoin snapshot at next block.
The HEX wallet: go.hex.win goes live sometime after snapshot.
December 2nd 7:00 PM EST: Start Day 1 AA ETH to HEX Transformation Lobby opens.
December 3rd 7:00 PM EST: Start Day 2 AA, HEX mintable, Staking and Claiming.
You click someone's referral link.
You claim 1 Bitcoin worth of HEX during on the first day.
You receive 10,000 HEX * 1.2(speed bonus) * 1.1(be referred bonus) = 13,200 HEX
The person who referred you gets 13,200 * 20% = 2,640 HEX
You stake for 365 days
This gives you 20% extra StakeShares
If only 1% of coins are staked, you get about 369% plus the extra shares may cut into shorter stakers pay to pay you more. As more coins get staked, your interest % goes down. As more and larger FreeClaims are made, stakers earn more.
The massive payoff, worth about 100x what the interest alone is worth, is the BigPayDay of all the StakingBonuses on day 353. This is where the giant profit is. Stakers get paid by the shares they hold.
Where you started with 13,200 HEX, you now have 66,000 HEX or more. Imagine the gains in HEX multiplied by gains in HEX/USD. This is one possible world of many. Experiment with some profit calculations at StakeHEX.com.
Ledger and Trezor hardware wallets can both be used with metamask, for HEX, ETH and more.
Ledger metamask instructions Trezor metamask instructions.
HEX might be the first coin to ever have two independent security audits. HEX even has a thrird audit by a mathematician on HEX's economics. Chainsecurity.com and CoinFabrik.com are among the top contract auditors in the world. They need their language simplified for public consumption and some other small things. ChainSecurity's will be released later as it's more complex. Take a look: HEX security audit by CoinFabrik.com | HEX Economics Audit by CoinFabrik.com
HEX is decentralized and peer-to-peer. You are the network! Only you generate your private keys, mint your HEX and rewards. Without you there's just some code that sits inert on a blockchain. You can run the immutable and verifiable HEX code at 0x2b591e99afE9f32eAA6214f7B7629768c40Eeb39 many ways. go.hex.win is one, Etherscan is another.
REAL-TIME HEX STATISTICS.
Has a chart of expiring stakes in the future. Has a chart of todays AA vs the last 3 days, total supply, circulating supply, How many BTC have FreeClaimed, How many stakes have been made, for how long, and What % of the total?
REALLY DEEP, CUSTOMIZEABLE STATS.
Has two dashboards. An overview with a leaderboard of the top AA users and much more. The adoption dashboard has analysis of AA entries, referrers, referees, etc.
Chart your expiring stakes or others.
REAL-TIME TX VISUALIZER.
Plays audio notifications on HEX transactions.
HEX DATA & VISUALIZATIONS
Has a AA address leaderboard and Referrer leaderboard.
Distributed finance is here! You can swap HEX and ETH back and forth, in seconds, with no signup or counterparty. Imagine a world where you can do what you want with your money without asking for permission. You must use this exact link (bookmark it): Buy or Sell HEX You can also paste 0x2b591e99afe9f32eaa6214f7b7629768c40eeb39 into the search field to find HEX.
Example: The HEX/USD price could go up 1,000x. Your HEX stake could return 10x your HEX. 1,000x times 10x = 10,000x profit.
Understanding the AA lobby.
Imagine a bucket with 1 Billion HEX in it (which day 1 has.) Now imagine an empty bucket users throw ETH into. At the end of day your % of the ETH bucket gets that same % of the HEX bucket. Every day the buckets empty and start over for 351 days.
Making the most HEX.
Send your ETH to the AA lobby.
If you held Bitcoin at the snapshot, FreeClaim with it. Then sell the BTC for ETH send it to the AA lobby.
Opt for 10 years on your 90% AutoStake and the HEX in your wallet, getting 3x shares at the lowest price per share possible.
When the AA lobby you joined closes at the end of the day, exit the lobby with your HEX and stake it for 10 years.
When the BigPayDay hits on day 353, you’ll get the largest share of it you could by staking early, long and large
Ways to maximize profit?
Get a great bargain on HEX early on from the Adoption Amplifier (AA) or FreeClaim.
Get the most shares for the HEX you stake by being early. The StakeSharePrice only goes up.
Stake longer (Increases shares up to 3x.)
Stake bigger (Increases shares up to 1.1x.)
Refer people (earning 20% on top of each person’s HEX they receive from AA of FreeClaim.)
Get people to FreeClaim, driving up adoption and the Virality and CriticalMass bonuses.
Get people to stake, removing HEX from circulation.
Get people to buy HEX.
RICHARD HEART: FOUNDER
CODY LAMSON: DEVELOPER
DAN EMMONS: CONTRIBUTOR
KYLE BAHR: ANALYST
PAUL HUGHES: ANALYST
BRENT MORRISSEY: MARKETING EXECUTIVE
DAVID WILSON: EVANGELIST
LOUIS D.: DIRECTOR OF OPERATIONS, ASIA.
Website : https://hex.win/
Facebook : https://www.facebook.com/HEXcrypto
Twitter : https://twitter.com/HEXCrypto
Telegram : https://t.me/HEXcrypto
Bounty Telegram : https://t.me/BountyDetectiveCommunity
Github : https://github.com/bitcoinHEX
Reddit : https://hexcrypto.reddit.com/
My Bitcointalk Username - rajusharma2000
My Bitcointalk profile - https://bitcointalk.org/index.php?action=profile;u=2740537