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20733773 No.20733773 [Reply] [Original]

>HEX passed good old Monero
Oh no no no

>> No.20733814

>>20733773
this just mean Monero is way undervalued right now

>> No.20734035
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20734035

>>20733814
>>20733814
HEX now has anonymity anyways.
Monero not needed.

>> No.20734070

>>20733773
explain HEX to a non indian. wtf is this shit?

>> No.20734093

>>20734070
Scam

>> No.20734106

>>20733773

Compound is next. HEX is literally the heart and leader of DeFi.

>> No.20734133

>>20734070
It's a complete, locked audited smart contract. No AML or KYC, no counter party risk. Just you and the code.

You generate interest by staking your coins. The coins get burned and turned into shares when you stake and created when you en a stake.

End stake prematurely and get penalized in proportion to the interest you would have earned. 50% of that penalty goes to other stakers. Stake longer and get more shares.

Your interest depends on the % of total shares. Get 20% more shares for every extra year you decide to stake and up to 3X the shares for staking 15 years.

Share price always goes up and is determined by the highest ROI of any participant in the network when he ends his stake. This means that the total amount of shares over time are mathematically going to shrink.

If you've staked HEX early while the share price is still low for longer times, you still generate the interest from your cheap shares on year 10 for instance, thus compounding your returns, while others have to buy and stake X times more HEX to get the same amount of shares that you have.

Simply put the amount of interest you receive on your stake in year one is tiny compared to the interest on year 5 which is tiny compared to year 10 and the same goes for year 15. Daily interest generated gets larger as you get closer to the end of your stake.

Interest on the whole network is capped at 3.69% or less due to some people having stakes that end far off in the future. Interest to the individual staker however is dynamic and depends on the % of total HEX which is staked since that 3.69% per year inflation only accrues to the staker class.

>> No.20734162

Still holding both so...

>> No.20734205
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20734205

>>20734070
Scam. Don't dyor

>> No.20734267
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20734267

>>20734205
kek. FUD time was in the past few months while I was accumulating.
It's time for liftoff now. One cent this week if not today.