HEX is a cryptocurrency that aims to create the Certificate of Deposit (CD) of the future. A Certificate of Deposit rewards investors for locking their money for a specific period of time - HEX does the same thing, but offers much higher rewards. The rewards you earn for staking, or locking, your HEX is shown as an Annual Percentage Yield (APY), similar to a modern savings account. HEX is fully programmable and compatible with the broader Ethereum ecosystem.
Because the HEX smart contract controls the supply reward rate, when more people stake their coins, the rewards increase; however, if more people unlock or sell their coins, the rewards decrease. Many projects & cryptocurrencies try to inventivize token holders to use their product by offering unusually high rewards which makes HEX's "x-factor" less impressive. Furthermore, much of the cryptocommunity has written off this project for fear that it is a scam and worry that its founder architected this as a means to amass a large personal fortune.
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HEX is apowered by,uses to validate transactions,and is.HEX also supports.
Interesting facts about HEX
Here are some facts you may not already know about HEX. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
The HEX smart-contract incentivizes holding for longer and disincentivizes selling early.
To earn interest in $HEX, holders have to lock their holdings for a period of time via staking.
HEX offers a Certificates of Deposit on the blockchain.
HEX reviews from the Learn.xyz community
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See how much HEX is worth and learn from other insightful metrics
-0% past 1 week
Based on 1 community reviews
Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members 6,934 12% of them are active
# Telegram members 30,899 6% of them are active
% of total supply circulating Very small
What’s the community like?
Community matters for projects like HEX, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.