THE FIRST HIGH INTEREST BLOCKCHAIN CERTIFICATE OF DEPOSIT
Bitcoin went up 26x from $750 to $20,000 in only 378 days. Ethereum went up 233x from $6 to $1,400 in 403 days. If you got in at $1 you made 7 times more. Imagine how 1,400x returns feel. Some people got in 3 times cheaper than that! Had you put in $223 when you first could, it would have gone up 4,500x to $1 Million, in only 3.5 years. Life changing. Most of the wealth in the world is made by those that get in first!
CDs, known as Certificates of Deposit or Time Deposits, are worth Trillions of dollars. CDs are worth more than gold, credit card companies, and cash. CDs pay higher interest than savings accounts, requiring money be deposited for a fixed time. Banks profit on poor customer service, early withdrawal fees, and auto-renewing you at worse rates. The % they pay you in interest doesn’t keep up with the % prices increase. New USD is printed all the time, making yours less valuable. HEX replaces inefficient currencies, banks and payment networks with verifiably secure peer-to-peer technology. HEX takes the profit out of banks and government money printing and gives it to HEX holders.
How? Use a computer science breakthrough to disrupt the largest markets in the world with a product of nearly infinite profit margin. Eliminate middlemen, users can transform Ethereum directly into HEX. Kick-start adoption, give Bitcoiners free HEX. Help small guys, penalize Bitcoin whales. Early claimers get bonuses, late claimers get penalties. Pay bonuses to referrers and those referred. Pay the unclaimed coins and interest to those who time lock their HEX. Longer and larger stakes get more shares and the price per share only increases. HEX aligns incentives, so the more people that participate, the better everyone does!
HEX is the first certificate of deposit on the blockchain! HEX pays Trustless Interest with no counterparty risk. Given programmable money the first program should be interest.
Pays holders instead of miners. Staking HEX is like getting free mining hardware and electricity. Bitcoin and HEX comparison
No Satoshi (if he doesn’t claim in 50 weeks) or Mt.Gox dumping on you. No inflation bug possible like bitcoin has had. Unit bias fixed. More distributed mining ecosystem. Whale penalty which gives whales coins to stakers, etc.
Around 12 million or more of the 18 million total BTC worth of HEX claims will be given to the stakers on day 353 by shares. And! It gets multiplied by the Viral and CriticalMass adoption bonus multipliers which can increase it up to 3x. The share price only goes up.
Stakers that end stake early or late pay loyal stakers. Longer stake commit pays 20% more per year, up to 3x shares, (partial years are fine). Lower fees, lower inflation. Referral program. Founder is a marketing expert with an audience. Early adopters get paid extremely well.
20% Speed bonus falling to 0% during the fifty weeks. Unclaimed coins paid to stakers 2% per week for 50 weeks. Every week you don’t claim, someone else gets your coins. Critical mass and Virality bonuses increase payouts to stakers so they make more HEX the more people that claim, than if less people claimed, even though they get unclaimed coins on day 353. Every pumpamental to lock up supply, increase adoption and price.
Hex has a lower inflation rate than Bitcoin, even after the rate was cut in half twice in its 10 years. The inflation is also delayed, because it’s only paid on ended stakes, and stakes can last 10 years. Inability to trade staked coins increases the value of unstaked coins, and chance that some will early endstake and pay penalties to loyal stakers.
Let’s say you want to make more bitcoin on your bitcoin. What are your options? You could lend your coins out and take the risk they’re not returned, or you could try selling your coins for mining hardware and hope to get more coins back later. Lots of people have lost money trying either.
Counterparty risk in Bitcoin investments.
To earn interest on their Bitcoin, most users send them to a centralized third party, such as an exchange. There, coins can be borrowed to “short” the market. Sellers borrow the coins to sell, in the hopes that they can rebuy them cheaper before they have to return them, thus profiting from price decreases. These centralized parties are security holes that are often hacked, destroy privacy, or introduce fees if you want to get your funds out. Billions of dollars in coins sent to exchanges or lenders have been stolen. Not your keys, not your coins.
These centralized third parties and middlemen are so important to users seeking yield (making interest) that the companies themselves have made more profit on Bitcoin than its founder. Billions and billions of dollars of value has shifted into the pockets of middlemen. HEX fixes this.
This replaces these third parties with a trustless peer-to-peer to system. Instead of sending your HEX to an exchange so they can lend it out on your behalf to earn interest for you, you just lock it in same smart contract that minted all the HEX in the first place, and it credits you interest. If you’re given programmable money, the first thing you should program is interest.
HEX pays interest to stakers instead of miners.
Some users try mining to make more cryptocurrency. Instead of sending your money to a foreign mega-corp to buy mining equipment which shows up late, used, or never at all, you can skip the depreciating asset and electricity bills and just stake your coins.
HEX is the first cryptocurrency with a chart of future sellable supply (expiring stakes over time.) This secures buyers confidence in future value of their investment
HEX has Speculative Stickiness.
Normal crypto currencies have: Price, hash rate.
HEX has: HEX price, Share price, Directly affects staker profit per share: % of supply staking, Average stake length, Average stake size, stake expiration chart over time, early & late end stake penalties.
HOW CAN HEX MAKE YOU RICH?
Example: The HEX/USD price could go up 1,000x. Your HEX stake could return 10x your HEX. 1,000x times 10x = 10,000x profit.
Understanding the AA lobby.
Imagine a bucket with 1 Billion HEX in it (which day 1 has.) Now imagine an empty bucket users throw ETH into. At the end of day your % of the ETH bucket gets that same % of the HEX bucket. Every day the buckets empty and start over for 351 days.
Making the most HEX.
- Send your ETH to the AA lobby.
- If you held Bitcoin at the snapshot, FreeClaim with it. Then sell the BTC for ETH send it to the AA lobby.
- Opt for 10 years on your 90% AutoStake and the HEX in your wallet, getting 3x shares at the lowest price per share possible.
- When the AA lobby you joined closes at the end of the day, exit the lobby with your HEX and stake it for 10 years.
- When the BigPayDay hits on day 353, you’ll get the largest share of it you could by staking early, long and large
Ways to maximize profit?
- Get a great bargain on HEX early on from the Adoption Amplifier (AA) or FreeClaim.
- Get the most shares for the HEX you stake by being early. The StakeSharePrice only goes up.
- Stake longer (Increases shares up to 3x.)
- Stake bigger (Increases shares up to 1.1x.)
- Refer people (earning 20% on top of each person’s HEX they receive from AA of FreeClaim.)
- Get people to FreeClaim, driving up adoption and the Virality and CriticalMass bonuses.
- Get people to stake, removing HEX from circulation.
- Get people to buy HEX.
RICHARD HEART: FOUNDER
CODY LAMSON: DEVELOPER
DAN EMMONS: CONTRIBUTOR
KYLE BAHR: ANALYST
PAUL HUGHES: ANALYST
BRENT MORRISSEY: MARKETING EXECUTIVE
DAVID WILSON: EVANGELIST
LOUIS D.: DIRECTOR OF OPERATIONS, ASIA.
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Author: pangeran milano
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