What is HEX2X?
HEX2X is a fork of the all well known Hex but with some Major differences! This coin is designed to self pump... This is done by using 80% of the ETH generated from the AA auctions to buy back tokens! As the website likes to describe it - We are a lucrative, high-interest currency, designed to reward stakers.
How is HEX2X different from HEX?
80% of the ETH used to buy HEX2X in auctions is used to buy back HEX2X tokens from exchanges. 100% of these purchased tokens are then distributed locked-in to stakers proportionally. This boosts the token price, and also gives higher incentives to stakers.
HEX2X already pays more than 2x the ROI of HEX. HEX2X uses an annual 8% inflation rate, which 100% of rewards are paid out to stakers.
How is HEX2X distributed?
All HEX holders and stakers can claim HEX2X at a rate of 1:1. All HEX2T token holders (HEX2Temperary), at the snapshot date, will be airdropped 1:1 as well. HEX2T will be available on Uniswap
How much interest is paid to stakers and how is it paid?
The HEX2X inflation rate is 8% per yea, roughly double that of HEX. 100% of all inflation is paid out to stakers. Based on what % of the staking pool each staker has on a daily basis, they earn the proportionate amount of HEX2X tokens. For example: if a staker has 50% of the staking pool value, they will earn 50% of the daily staking rewards (Total Supply X 8% / 365 X 50%)
The Auction
If HEX2X tokens are unclaimed by HEX holders they were airdropped to, they go up for auction. Every week that HEX2X tokens go unclaimed,the HEX holder loses 2% of the total amount they can claim. This 2% is added into the auction.
People can bid ETH into the auction pool to purchase the HEX2X. Whatever % of the pool value they have bid, that is the % of the HEX2X pool they will earn. 80% of all the ETH bid into the auction pool is used to buy back HEX2X tokens on exchanges, increasing the value.
The tokens that are bought back, are then added into the next auction pool.
The vision
HEX2X is HEX, optimized. Getting 10%+ of the marketcap of Hex with a strong, community-first driven model is a very attainable goal. 10% of HEX's marketcap is a $100M marketcap. After six days our marketcap is $1M. Hitting only 10% of HEX's marketcap is a 100x ROI from here.
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Purchase HEX2T at Uniswap - HERE
Stake HEX2T at PyraBank - HERE