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Topic: HEX - First Blockchain Certificate of Deposit - DeFi (Read 782 times)

jr. member
Activity: 224
Merit: 1

This should be updated to in addition to 40% APY, HEX holders also get the PulseChain and MAXX . Finance airdrops. To get the MAXX one you need to go to their website and claim though, it doesn't just appear in your wallet. HEX has been one of the most profitable crypto projects ever released.
full member
Activity: 1260
Merit: 115
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
maybe there is a team or member here who can provide the right information so that we can find out the truth and can prevent a fraud against the bounty participants. thank you

Both of bounties were legit and these bounties launched by the team. That's the old accusation to the fake bounty that created by hex supporter but the current signature bounties that being launched by hampuzz and bounty detective were legi.
You should also visit the official tread of bounty to verify whether it's a legit bounty or not.
It's better if you were analyzing it before.
sr. member
Activity: 1386
Merit: 250
1XBit.com
I see many members in the forum using HEX project signatures, is it true that Hex exchange holds bounties at this time? because in I found the thread https://bitcointalk.org/index.php?topic=5286632.new#new which is managed by bountydetective but on another thread I also found a thread that says if HeX echanger has no bounty at all https://bitcointalksearch.org/topic/--5285951

maybe there is a team or member here who can provide the right information so that we can find out the truth and can prevent a fraud against the bounty participants. thank you
hero member
Activity: 2478
Merit: 695
SecureShift.io | Crypto-Exchange
When fiat currency is placed in a certificate of deposit in a bank then the bank lends out that capital to create economic activity.  When Hex is staked then what economic activity happens?

Nothing, and you get more tokens after they hold it for a certain time.

It is not nothing when stakers will be getting more tokens after holding it for a particular period, this is how staking works, I wonder why you consider getting extra token for a commitment nothing, in many other projects people stake their holdings in other to increase the number, isn't that why they have some percentage set aside to reward stakes.
full member
Activity: 353
Merit: 100
When fiat currency is placed in a certificate of deposit in a bank then the bank lends out that capital to create economic activity.  When Hex is staked then what economic activity happens?

Nothing, and you get more tokens after they hold it for a certain time.
staking is generally to keep the network running and growing so when you deposit some money here you are helping the network itself to remain stable

Please correct me if I am wrong  Grin

Staking is more to keep coin owners to sell their coins, so that there's more buyer pressure, but once the stake is off, you get more coins and suddenly, there's more sell pressure.

As I thought.  A deposit into a Hex "certificate" (staking) serves no socially useful purpose.
I have participated in staking in several projects but always lost and since then I have never been interested in staking again anywhere because the risk is too big for me personally if I want to just mining
full member
Activity: 1260
Merit: 115
full member
Activity: 150
Merit: 100
When fiat currency is placed in a certificate of deposit in a bank then the bank lends out that capital to create economic activity.  When Hex is staked then what economic activity happens?

Nothing, and you get more tokens after they hold it for a certain time.
staking is generally to keep the network running and growing so when you deposit some money here you are helping the network itself to remain stable

Please correct me if I am wrong  Grin

Staking is more to keep coin owners to sell their coins, so that there's more buyer pressure, but once the stake is off, you get more coins and suddenly, there's more sell pressure.

As I thought.  A deposit into a Hex "certificate" (staking) serves no socially useful purpose.
copper member
Activity: 268
Merit: 7
Phreess - A Self-Appreciating Token
When fiat currency is placed in a certificate of deposit in a bank then the bank lends out that capital to create economic activity.  When Hex is staked then what economic activity happens?

Nothing, and you get more tokens after they hold it for a certain time.
staking is generally to keep the network running and growing so when you deposit some money here you are helping the network itself to remain stable

Please correct me if I am wrong  Grin

Staking is more to keep coin owners to sell their coins, so that there's more buyer pressure, but once the stake is off, you get more coins and suddenly, there's more sell pressure.
full member
Activity: 353
Merit: 100
When fiat currency is placed in a certificate of deposit in a bank then the bank lends out that capital to create economic activity.  When Hex is staked then what economic activity happens?

Nothing, and you get more tokens after they hold it for a certain time.
staking is generally to keep the network running and growing so when you deposit some money here you are helping the network itself to remain stable

Please correct me if I am wrong  Grin
copper member
Activity: 268
Merit: 7
Phreess - A Self-Appreciating Token
When fiat currency is placed in a certificate of deposit in a bank then the bank lends out that capital to create economic activity.  When Hex is staked then what economic activity happens?

Nothing, and you get more tokens after they hold it for a certain time.
member
Activity: 476
Merit: 10
Hex has a lot of Liquidity on Uniswap and huge daily volume. I am excited what will happen this November, I am still looking for the right time to enter Smiley
full member
Activity: 1848
Merit: 158
HEX rewards stakers, locking up your coins for years, which reduces sell pressure

Except when they release the tokens + profit, sell pressure will be huge. I wonder what will happen.

Their big payday is coming. And the numbers are saying there are a lot of hex stakers here? Really curious what will be their price once they hit in exchanges, after months of months of waiting. Are they going to get profits from this? Checking the approx. price of HEX in uniswap, you will get 1 eth for having 43k HEX. Is that profitable from those who bought this early?

Source : https://app.uniswap.org/#/swap?outputCurrency=0x2b591e99afe9f32eaa6214f7b7629768c40eeb39



full member
Activity: 150
Merit: 100
When fiat currency is placed in a certificate of deposit in a bank then the bank lends out that capital to create economic activity.  When Hex is staked then what economic activity happens?
copper member
Activity: 268
Merit: 7
Phreess - A Self-Appreciating Token
HEX rewards stakers, locking up your coins for years, which reduces sell pressure

Except when they release the tokens + profit, sell pressure will be huge. I wonder what will happen.
full member
Activity: 1260
Merit: 115
HEX code has been triple audited

There are no admin keys

HEX is a finished product, the code is complete, and has been running live for over 10 months with no downtime or issues

HEX popularized the decentralized exchange Uniswap, you can trade HEX with no middleman

HEX rewards stakers, locking up your coins for years, which reduces sell pressure
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network
The reward for active capital retention always sounds tempting. A question arises that lies on the surface: how will the depositor be protected from the risks of fraud? The idea is interesting, but difficult to implement.
member
Activity: 1092
Merit: 67
What exactly is the use case of Certificate of Deposit to regular crypto traders? Is that really important? How are you going to market this kind of use case where a lot of users don't care about this kind of stuff? Just wondering how can you get people on board with this type of application? Or attract users with the thought that you are a DeFi platform?
full member
Activity: 1260
Merit: 115
full member
Activity: 1260
Merit: 115
Sorry, I didn't quite understand this "it decays over 51 days till you won't be able to claim at all"
since the snapshot was in Dec 2019 and it says it will decay over 51 days does that mean it's not claimable now?

HEX is still claimable with Bitcoin,
he is just saying there is only 51 days left to claim,
and that the reward for claiming goes down each day
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