What if you could place your COVID stimulus check in a coffee can, bury it in your backyard, and when you dig it up in the future it had multiplied many times over and received interest payments on top of it — all just for holding it securely for a time period of your choosing. That’s precisely what many did with their first stimulus checks from April; except they didn’t plant them in their backyards — even easier— they securely deposited (or staked) them in the blockchain’s first fully audited, high interest time deposit financial product: HEX.com. …
Cryptocurrencies are the highest appreciating asset class in the history of mankind. Bitcoin’s price did 2,000,000x from $0.01 to $20,000 in 7 years. Ethereum did 10,633x from $0.15 to $1,595 in 2.5 years. It is also true that cryptocurrencies commonly experience up to 95% drawdowns.
HEX.com talks a lot about these truths — more so than any other cryptocurrency website in fact — because the number one use case for cryptocurrency has been, and still is: Return on Investment (ROI). …
This guide assumes you have HEX in your MetaMask wallet; if not, please see the related short article: How to Buy HEX in 3 Easy Steps.
Setting up your private MetaMask wallet takes less than 2 minutes, as demonstrated in this easy walkthrough:
One of the simplest ways to get Ethereum (ETH) is using the deposit or buy feature inside your new MetaMask wallet, as demonstrated below in this short 1 minute video.
Other options may include using Bitstamp, Coinbase, Kraken, or Gemini to buy ETH and send it to your MetaMask wallet address.
HEX has its own secure frontend on Uniswap at ethHEX.com, making it easy to swap ETH for HEX safely and with no…
The following are excerpts in their original context. For the full interview please check out Bitcoin.com Podcast Network.
How did this idea come to you, and what is HEX?
Well I’ve been in Bitcoin since early 2011; I’ve mined full blocks on my own, which had 50 Bitcoin block rewards at the time. I’m a serial entrepreneur. I retired in 2003; started traveling the world; had 150 employees; I’m a self made man who’s done a lot of things successfully, and HEX is another one of those things.
If you want to replace banks you’ve got to replace all of their products. And what’s the most popular product, or one of them: The time deposit. There’s $7.2 Trillion in time deposits in the United States and China; there’s only $5 Trillion of printed money. So it’s a 50% larger market than cash, which is what Bitcoin was designed to replace. HEX addresses a larger market, and then by accident also does the cash part better than Bitcoin. …
Originally published November 10, 2020 on CoinPedia.org
Updated and printed with permission of the author.
HEX.COM is outperforming every market in 2020. Ranked Top 20 by Nomics.com (BTI verified #1 in Market Data Integrity), over $1.6 billion HEX are in active stakes paying stakers a variable 25% APY. Adding to investor confidence, the average stake length is 2 years; the longest stakes are 15. This kind of verifiable onchain commitment seen in HEX is unprecedented in cryptocurrency. All figures cited herein are at the time of writing.
Originally published on MarketWatch; republished on Yahoo Finance.
Updated and printed here with permission of the author.
Nov 15, 2020 (Heraldkeepers) — HEX.COM has announced its Big Pay Day event taking place on November 19th, headlining the strong finish to an exciting yearlong launch phase. On this date, early adopters of HEX will celebrate a windfall distribution of approximately 183 Billion HEX, worth more than $1.5 Billion at the time of writing, credited to active stakes (the term stake is crypto parlance, synonymous with time deposit). HEX is calling this one-time event The Big Pay Day (BPD), and the only eligibility requirement is a stake be active before BPD and end after it. To those with active stakes — The Staker Class — this HEX will appear like any other daily interest credited to their stakes, but substantially larger. …
Igniting the DeFi scene ablaze with euphoria less than 2 months ago, people lost their minds when Uniswap surprised every wallet that ever interacted with the platform by giving 400 UNI governance tokens to each. This came unexpected — completely unannounced — distributing some 150 Million UNI tokens on September 17th, trading at $1 at the time of distribution. In the following days the token’s price rapidly ascended to over $8.
Imagine if you had known about the UNI token distribution ahead of time…
HEX’s Big Pay Day event on November 19th will eclipse the generous Uniswap governance token (UNI) distribution by a factor of over 10x…and you have foreknowledge. …
Delivering a very courageous and touching message, David Feder is a 34 year old husband and father of three who describes himself as “just an IT guy who works at a computer shop.”
About