HEX is an ERC20 token that was released on the Ethereum network. As the blockchain counterpart to the Certificate of Deposit used in traditional financial markets, HEX is intended to be a store of value to replace it. HEX is also intended to benefit from the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies on the Ethereum network.
The HEX smart contract contains the consensus code and staking mechanism, while the Ethereum network is used for the transaction layer (sending and receiving HEX tokens, as well as interacting with the HEX smart contract).
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.
HEX Recent News
"HEX is quite liquid. In the last two weeks a single address sold $6,275,833 of HEX. The price keeps making new all time highs anyway."
HEX Price Prediction
HEX price equal to $0.05 USD on May, 14th 2021 here’s a price prediction on HEX
Furthermore, By the end of 2021 we believe the price of HEX will be around $0.12 to $0.37 USD.
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