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Certificates of Deposit (CDs) are common investment tools managed by banks. Hundreds of millions of people use them worldwide, creating a market valued in the trillions of dollars. HEX has taken the concept of CDs, added significantly higher average return rates, removed banking fees and turned it into a decentralized cryptocurrency.
You can "Stake" your HEX by locking up any amount for a period between 1 and 5555 days. Your Stake accrues rewards every day, and the amount of yield depends on the length of your Stake: "Longer Pays Better". The APY for HEX Stakes of average length is around 40%, while traditional bank CDs average less than 2%. In addition to the unprecedented yield, there is also the tendency of the HEX price to appreciate.
HEX has no central entity, no bureaucracy and no overhead. There are no bonuses awarded to anyone outside of the users who Stake HEX. As a simple to use, high-yield investment tool, HEX makes you the bank.
HEX’s primary design intention is price appreciation that overperforms as much and as fast as possible. The idea was to create a cryptocurrency that appreciates faster than Ethereum (ETH), whose price made a 10,000x in 2.5 years. HEX already has done a 10,000x in under 2 years and that's before Staking. Bitcoin (BTC) went up 10x from $6500 to $65k in the same timeframe while ETH did a 30x from $140 to $4400. HEX outperforms almost every other cryptocurrency, because it is a superior product. HEX outperformed and outpaced the growth of both Bitcoin & Ethereum in their first 2 years. If HEX continues to grow faster, it might beat Bitcoin's record 6,500,000x in 12 years, which would put HEX at $367.
HEX’s price is uncorrelated from the performance of other cryptocurrencies because most of HEX’s liquidity is against USD. Heart's Law states that the prices of most cryptocurrencies are correlated as a result of having most of their liquidity against BTC. This means if Bitcoin has a drawdown, most other cryptocurrencies will drop even more, while HEX does its own thing. HEX holders are safe from potentially negative BTC scenarios, such as another exploit, Mt. Gox selling, FUD, Tether imploding, etc.
So far, HEX’s price went up 1421x against Bitcoin and 361x against Ethereum.
Certificates of Deposit (CDs, also known as Time Deposits or Bonds) are worth trillions of dollars and used by hundreds of millions of people worldwide. CDs are worth more than gold, credit card companies and cash. HEX is a superior CD on the Blockchain.
Incredible performance
Cryptocurrencies are the highest appreciating asset class in the history of mankind. Bitcoin’s price appreciated 6,500,000x in 12 years, from $0.01 to $65,000. HEX has appreciated 9481x so far, outpacing both Bitcoin and Ethereum. A 6,500,000x would put HEX at $367.
HEX removes middlemen
HEX is a finished, immutable, unstoppable smart contract with 3 independent audits from two of the top Blockchain contract auditors in the world. By design there is no central entity in HEX. No one owes anybody anything. As long as you have your private key, you truly own your HEX.
HEX’s share price up 16,104x
The price of 1 T-Share has risen steadily from $.56 to $9018 in just 995 days which mirrors the ROI of Stakers. By Staking their HEX for fixed timeframes, they reduce the supply, which puts upwards pressure on HEX’s price. Stakers receive rewards for not being able to sell their HEX while it's Staked.
HEX’s inflation is capped at 3.69%
More than 300,000 BTC in over 30,000 addresses minted their own HEX for free using the HEX contract. HEX is the first cryptocurrency with a chart of its future locked supply. You can see when big Stakes are set to expire and plan around them to receive your HEX at times of low supply.
HEX pays 38% APY on average
Stakers get paid rewards daily. This multiplies their ROI when HEX’s price appreciates against USD. Active Stakes also receive penalties of other users who end Stakes earlier or later than they committed to. HEX rewards longer and larger Stakes as well, resulting in an average APY of around 40%.
