Hex Day 1102 ( still waiting for someone to show me the scam)

Hex Day 1102 ( still waiting for someone to show me the scam)

By Vic1030 | In My Opinion | 8 Dec 2022


 

 

So,

What has changed?

Not much really.

Smart Contract still functions

100 % uptime no hacks/ or exploits to date 

Hex has recently crossed the 3 year mark on December 3rd




Current Metrics (According to Staker App)


Stakers 116,134
1.76 Billion Staked for an average staking length of 6.73 Years ( Unheard of stats  in DeFi ) 
9.71% of the Supply is staked (which is why when staking beyond the average length can get you an estimated APY( in hex terms) of 37.99%
* if staked at or above the average Duration *


Things to Note:



Hex has layers and moving parts.
-T-shares and T share rate simulate compounding interest
-for every day that passes the amount of Hex it takes to secure a T Share increases as well
-The shares determine your yield ( in hex terms) The more you have , the bigger your slice of the pie ( in regards to penalties for people who endstake early)

*T- Shares will become Deflationary over time because by design the system makes it harder for you to hold a Share position as time goes by.
in short, you're rewarded for paitence. 

(staking is optional)
(i repeat... OPTIONAL )



I should actually begin a Hex Guide for others to read 

to help clear up a lot of the confusion surrounding it.


-Take Care  Publish0xer's

 

How do you rate this article?

3


Vic1030
Vic1030

Crypto enthusiast Artist. Author. Investor. Poet. hex.com Hex Ambassador


In My Opinion
In My Opinion

Here i give my insights on some things that have caught my eye in the space.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.