HEX - First Blockchain Certificate of Deposit - DeFi

[togoshigekata]

WEBSITE | EXCHANGE | STAKE | WHITE PAPER

TELEGRAM | TWITTER | REDDIT


HOW TO BUY HEX



Designed and launched by Richard Heart on 2 December 2019, HEX describes itself as a Certificate of Deposit on the blockchain.

HEX is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. HEX is also designed to leverage off the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network.

HEX allows a user to stake his or her HEX coins for a share of the new HEX coin issuance, or inflation and contains features designed to incentivize behaviors that encourage price appreciation and disincentivize behaviors that encourage harm to the price. The HEX smart contract penalizes stakers for ending their stake early and rewards them for staking larger amounts of HEX for longer periods.

Intro Video  |  Learning Videos  |  Bitcoin vs HEX  |  FAQ  |  Disclaimer  |  Newsletter


Accomplishments:

- Triple Audited Smart Contract (2 Code Audits, 1 Economics Audit)

- Over $4.5 Billion dollars of Bitcoin (250k+ BTC) claimed their free HEX

- Over $500 million dollars of Ethereum (1+ million ETH) transformed into HEX

- Over 10% of HEX tokens have staked, for an average length of 5.5 years


1. Install Web Browser Wallet:

https://metamask.io/ --- [Tutorial]




2. Buy HEX:

Credit Card (No USA)
https://hexican.store/


3. Trade BTC for HEX:

BTC into renBTC
https://bridge.renproject.io/

renBTC into HEX
https://1inch.exchange/#/renBTC/HEX


4. Buy ETH (Ethereum):

Metamask Wyre (Credit Card)
https://www.youtube.com/watch?v=2aDfm3em86s

Exchanges
https://ethereum.org/en/get-eth/#country-picker




5. Trade ETH for HEX:

https://ethHEX.com/

https://uniswap.exchange/swap/0x2b591e99afe9f32eaa6214f7b7629768c40eeb39



Limit Orders:
https://1inch.exchange/#/limit-order/ETH/HEX
https://matcha.xyz/markets/HEX/USDC

Price Chart:
https://uniswap.vision/

Trading
https://hex.com/trading/


6. Stake HEX:

https://go.hex.com/stake/

(Gain interest by staking your coins! Can stake for up to 15 years)



End Staking Penalties
http://hex.wiki/penalties


7. Install Staker Mobile App:

https://staker.app/

Android: https://play.google.com/store/apps/details?id=app.staker.seabattle

iPhone: https://apps.apple.com/us/app/stakerapp/id1534593413

(Keep track of your stakes, their worth, accrued interest and watch community live feed)




Richard Heart:

Twitter
https://twitter.com/RichardHeartWin

Youtube Videos and Interviews
https://www.youtube.com/channel/UCbiAwfGwur3yp1RvUyBLDTA
https://www.youtube.com/channel/UCta3TYFhzfpPvOtKBDifYJA/videos


Community Resources:

Statistics
https://hex.vision
https://apphex.win/charts
https://hexdailystats.com

Videos
https://hexstreamers.com

Contract in Laymans Terms
https://docs.google.com/document/d/1P0ZDaBQx4ghkdX5IUwZb1n8ThvYf7i22MSt9Gm00JRU/edit

How to use HEX Contract on Etherscan if Main Website goes Offline
https://docs.google.com/document/d/1yJ-snX5JZUZrCVgloPDxuPa5SATgYO3hPR1ZsSkseUs/edit


Social:

Telegram  - https://t.me/HEXcrypto
Twitter     - https://twitter.com/HEXcrypto
Reddit      - https://reddit.com/r/HEXcrypto/

   


Explorers:

• https://etherscan.io/token/0x2b591e99afe9f32eaa6214f7b7629768c40eeb39
• https://ethplorer.io/address/0x2b591e99afe9f32eaa6214f7b7629768c40eeb39

Code Audits:

Security

https://hex.com/docs/HEX-Security-Audit-by-CoinFabrik-DEC2019.pdf

Economics

https://hex.com/docs/HEX%20Economics%20Audit%20by%20CoinFabrik.pdf


Logo:

https://hex.com/downloads


More Articles:

DeFi’s Cream of the Crop Blazes Ahead
https://medium.com/@tldrtaylor/defis-cream-of-the-crop-blazes-ahead-with-2-000-tps-at-0-01-tx-privacy-100-uptime-audits-e3a0708b498a

Forbes India - Richard Heart and the Influence of Bitcoin on the Hex Blueprint
https://www.forbesindia.com/article/brand-connect/richard-heart-and-the-influence-of-bitcoin-on-the-hex-blueprint/62095/1

Update: They’re Back. Ethereum Genesis Wallet of 400,000+ ETH is Buying More HEX (& Staking It)
https://medium.com/@tldrtaylor/update-theyre-back-60a31f3ed385

How to Boost Cash Flow Today & Retirement Savings Tomorrow with HEX: The First High Interest Rate CD
https://medium.com/datadriveninvestor/how-to-boost-cash-flow-today-retirement-savings-tomorrow-with-hex-the-first-high-interest-rate-b263b31516ba

Uniswap Eclipsed: $1.5+ BILLION HEX Paid to Stakers November 19th 2020
https://tldrtaylor.medium.com/uniswap-eclipsed-1-5-billion-hex-paid-to-stakers-november-19th-1d202ca938d3

The Best Crypto Ever Devised
https://hackernoon.com/the-best-crypto-ever-devised-sl513xyl


More Videos:

Why is HEX one of the fastest appreciating assets on Earth?
https://www.youtube.com/watch?list=PLN0RF11rNdP1tdi-3Nbgm6knUQ1Jtoe02&v=nwlQIUvdjQU

HEXification of DeFi (Ivan on Tech)
https://www.reddit.com/r/HEXcrypto/comments/i8d5ae/hexification_of_defi_ivan_on_tech/

Why is HEX outperforming nearly all other assets? Speculative stickiness and secret sauce.
https://www.youtube.com/watch?v=qFdVVCw1AW0

Andreas Antonopoulos and Richard Heart
https://www.youtube.com/watch?v=9WxQc-Z7bto

The SECRET to Earning the Highest ROI in HEX
https://www.youtube.com/watch?v=rI_Df45cMuQ

My Favorite HEX Interview
https://www.youtube.com/watch?v=qPdXZRsBP8M

The most important thing in crypto is price go up
https://www.youtube.com/watch?v=SNEnEos8ZwQ

[meetAm]

"HEX is Decentralized Finance (DeFi), designed to beat ETH". Well good luck with that of course, but basically ETH was designed to beat BTC, but it didn't happened.

[bryancruZ]

What is good for people is that HEX is open and because it's on-chain, you can inspect every address, seeing when it bought or sold. It is very convenient and improves safety

[nira09]

"HEX is Decentralized Finance (DeFi), designed to beat ETH". Well good luck with that of course, but basically ETH was designed to beat BTC, but it didn't happened.

I also found that sentence on the HEX site, but I don't understand how it is possible that HEX is designed to beat ETH while HEX tokens are built on the Ethereum Blockchain. so this HEX is part of Ethereum, unless HEX has its own Blockchain.

[TeraBite]

"HEX is Decentralized Finance (DeFi), designed to beat ETH". Well good luck with that of course, but basically ETH was designed to beat BTC, but it didn't happened.

I also found that sentence on the HEX site, but I don't understand how it is possible that HEX is designed to beat ETH while HEX tokens are built on the Ethereum Blockchain. so this HEX is part of Ethereum, unless HEX has its own Blockchain.

That's part of advertising campaign so don't take it serious every new project comes with that kind of attractive slogan but in real world everything is totally different. If they decide to launch its own blockchain than it is impossible for it to achieve this goal because so huge adoption required for this so it is hard for them to beat ETH in this field of smart contracts.

[r_Chain]

What is cool that HEX adds a staking function which pays stakers instead of miners and instead of sending your HEX to an exchange, you just send it to the same Smart Contract that minted all the HEX in the first place. It is very convenient and users will definitely like it.

[togoshigekata]

"Get ready for the HEX BigPayDay on Nov 19th 2020
where 200 billion HEX gets credited to stakers.
(HEX's total supply is about 300 billion now)

Stake HEX early, long and large, and watch it multiply!"

https://hex.com/

[Anarchy101]

Hey, I have two questions first what was the snapshot date for the HEX claim because I don't know why but this is the first time I am hearing about it lol and can we still claim it or, I am too late?

Thank you.

[togoshigekata]

"The HEX snapshot was December 2nd 2019 at the first Bitcoin block mined after 00:00:00 UTC (4pm PST)"

https://www.youtube.com/watch?v=LHbGPfhn3D8

https://go.hex.com/claim/

=

"Great news #Bitcoin bros. You can claim up to $64 of HEX for free for every #BTC you have. Click http://go.HEX.com Oh. Wait... You didn't claim day 1 like I told you? Now you get less and it decays over 51 days till you won't be able to claim at all." - Richard Heart (Sep 27, 2020)
https://twitter.com/RichardHeartWin/status/1310238791928512512

[Anarchy101]

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?

[togoshigekata]

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

[togoshigekata]

Bitcoin vs HEX
https://hex.com/bitcoin-and-hex/

[24Kt]

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?

[scolary23]

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.

[togoshigekata]

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

[phreess]

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.

[Racer8]

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?

[CaVO32]

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

[DU3O]

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

[phreess]

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.