/biz/ - Business & Finance

Hex2X has just pushed it’s litepaper and first github repo live at https://github.com/jackhex2x/hex2x-smartcontracts

The team developing Hex2X currently is somish.com and they are onboarding another dev team + CTO this week.

How is Hex2X different from Hex?

1) 80% of the ETH used to buy Hex2X in AA auctions is used to buy back Hex2X tokens from exchanges. 100% of these purchased tokens are then distributed locked-in to stakers proportionately. This boosts the token price, and also gives higher incentives to stakers

2) Hex2X already pays more than 2x the ROI of Hex. Hex2X uses an 8% annual inflation rate, which 100% of rewards are paid out to stakers.

3) The origin wallet will never collect a single Hex2X token. All tokens from early/late withdrawal penalties etc are allocated directly into the AA auction pool.

How is Hex2X distributed?

1) All HEX holders and stakers can claim Hex2X at a rate of 1:1 when mainnet is launched August/September

2) All Hex2T token holders (Hex2Temporary), at the snapshot date, will be aidropped 1:1 as well. Hex2T will be available on Uniswap.

3) Not all Hex holders will claim their Hex2X, every week 2% of all unclaimed Hex will be put up for a pooled auction. If you put 10% of the ETH into the claim pool, you will earn 10% of the Hex2X available.

Where can I buy Hex2T? https://uniswap.exchange/swap/0xed1199093b1abd07a368dd1c0cdc77d8517ba2a0

To view trading pair info: https://uniswap.info/pair/0xedAeDD22e653c504ff6806bf61664292848eB26e

How much interest is paid to stakers, and how is it paid?
1) The Hex2X inflation rate is 8% per year, roughly double that of Hex.
2) 100% of all inflation is paid out to stakers.

Vision:
-We aim to capture at least 10% of the Hex total marketcap, as a very attainable goal. The total marketcap of hex is currently at $1 Billion. 10% is a $100Million marketcap. Our marketcap is currently $1M. This will result in at least a 100X ROI.

hex2x.org