AirDrop: https://hexairdrop.pro/
Discover HEX, a revolutionary blockchain project created by Richard Heart and launched on December 2, 2019. HEX introduces itself as a modern take on the traditional Certificate of Deposit, offering users a unique store of value on the Ethereum network.
As an ERC20 token, HEX operates on the Ethereum blockchain, utilizing its robust infrastructure for transactions and interacting with the HEX smart contract. HEX aims to leverage the emerging DeFi ecosystem within Ethereum, providing users with exciting opportunities within the decentralized finance space.
One of the core features of HEX is its staking mechanism, which allows users to lock their HEX coins and earn a share of newly minted HEX coins, also known as inflation. The design of HEX incorporates incentives to promote behaviors that drive price appreciation while discouraging actions that could negatively impact the token’s value. Stakers who end their stake prematurely face penalties, while those staking larger amounts of HEX for longer durations are rewarded.
The distribution of HEX to Bitcoin holders is a unique aspect of the project. By taking a snapshot of the Bitcoin UTXO set on December 2, 2019, at block height 606227, HEX is distributed at a rate of 10,000 HEX per 1 BTC held. This distribution is only available during the first year of HEX’s launch. Additionally, HEX can be obtained by exchanging ETH with the HEX smart contract during this period.
At the end of the first year, any unclaimed HEX coins from Bitcoin holders are distributed among active HEX users with existing stakes. Following the first year, the maximum annual inflation rate for HEX is designed to be 3.69%.
HEX presents a compelling proposition for those seeking a secure and profitable store of value within the blockchain space. Join us on this transformative journey as we explore the innovative features and potential of HEX in the evolving world of decentralized finance.
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