HEX - First Blockchain Certificate of Deposit - DeFi

[tperkara]

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.

staking is generally to keep the network running and growing so when you deposit some money here you are helping the network itself to remain stable

Please correct me if I am wrong 

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[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.

staking is generally to keep the network running and growing so when you deposit some money here you are helping the network itself to remain stable

Please correct me if I am wrong 

Staking is more to keep coin owners to sell their coins, so that there's more buyer pressure, but once the stake is off, you get more coins and suddenly, there's more sell pressure.

[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?

Nothing, and you get more tokens after they hold it for a certain time.

staking is generally to keep the network running and growing so when you deposit some money here you are helping the network itself to remain stable

Please correct me if I am wrong 

Staking is more to keep coin owners to sell their coins, so that there's more buyer pressure, but once the stake is off, you get more coins and suddenly, there's more sell pressure.

As I thought.  A deposit into a Hex "certificate" (staking) serves no socially useful purpose.

[togoshigekata]

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

[tperkara]

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.

staking is generally to keep the network running and growing so when you deposit some money here you are helping the network itself to remain stable

Please correct me if I am wrong 

Staking is more to keep coin owners to sell their coins, so that there's more buyer pressure, but once the stake is off, you get more coins and suddenly, there's more sell pressure.

As I thought.  A deposit into a Hex "certificate" (staking) serves no socially useful purpose.

I have participated in staking in several projects but always lost and since then I have never been interested in staking again anywhere because the risk is too big for me personally if I want to just mining

[Bitstar_coin]

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.

It is not nothing when stakers will be getting more tokens after holding it for a particular period, this is how staking works, I wonder why you consider getting extra token for a commitment nothing, in many other projects people stake their holdings in other to increase the number, isn't that why they have some percentage set aside to reward stakes.

[Roidz]

I see many members in the forum using HEX project signatures, is it true that Hex exchange holds bounties at this time? because in I found the thread https://bitcointalk.org/index.php?topic=5286632.new#new which is managed by bountydetective but on another thread I also found a thread that says if HeX echanger has no bounty at all https://bitcointalk.org/index.php?topic=5285951.0

maybe there is a team or member here who can provide the right information so that we can find out the truth and can prevent a fraud against the bounty participants. thank you

[TastyChillySauce00]

maybe there is a team or member here who can provide the right information so that we can find out the truth and can prevent a fraud against the bounty participants. thank you

Both of bounties were legit and these bounties launched by the team. That's the old accusation to the fake bounty that created by hex supporter but the current signature bounties that being launched by hampuzz and bounty detective were legi.
You should also visit the official tread of bounty to verify whether it's a legit bounty or not.
It's better if you were analyzing it before.

[togoshigekata]

[RussiaUkraineTranslation]

This should be updated to in addition to 40% APY, HEX holders also get the PulseChain and MAXX . Finance airdrops. To get the MAXX one you need to go to their website and claim though, it doesn't just appear in your wallet. HEX has been one of the most profitable crypto projects ever released.