I'm wondering, are there any other planned or existing crypto, other than hex, with incentives to "lock" coins, thereby reducing selling pressure?
This had been the trend today of several newly created token that is created in Decentralized exchange like uniswap, pancakeswap and Defi Nominex. They wanted the holder to participate in their liquidity pool (LP) wherein they stake their token paired with USD and in return will gain stake or interest depending on how long their token is locked. Just check the coinmarketcap for the newly listed token and check their features. To name some, you can check nominex, momo protocol and many more.
Interesting, thanks. The thing is, I lost several 10s of bitcoins by trading like an idiot, so I'm looking for a mechanism to prevent me from unstaking / removing liquidity, so I keep my coins during bearish times.
What I'm looking for is strong incentives (such as penalties for unstaking), or a plain impossibility to retrieve coins before a certain date. I feel like hex doesn't have strong enough incentives.