Now, I know a lot of you reading this STILL for some reason think hex is a scam… well, not only did you miss out on life changing gains, but you are missing out on all the developments happening from Richard himself and from the community.
This short post is not about Richard’s projects, but here is a little sum up. Hex is built on top of ethereum, to make a stake, end a stake you must pay gas fees, and since Hex is an erc20 you also pay gas fees to send. Because ethereum increased the cost of S-load (loading data from disk) and other gas increases that were not really necessary, transacting on eth has become very expensive. Lots of projects can’t even function anymore until fees go lower.
So, Richard is forking eth, into pulsechain which will save not only hex users from gross eth fees, but all coins built on ethereum, he is also forking uniswap into a better version called pulsex.
But, there are a lot of 3rd party projects being built on top of Pulsechain and some already released on eth that will also be forked when pulsechain is launched. One of those projects is Hedron.
I am still learning about hedron, but from what I understand, they reward hex stakers. To earn free hedron, you take the number of B-shares x the number of days staked. Right now, there is a 100 day bonus period where the first 10 days (now passed) you earn a 10x bonus, and every 10 days that bonus is reduced by 1 (so 9x for 10 days, then 8x the next 10 days and so on) you can claim your bonus at any time and then mint your coins before you end your hex stake.
Now here is the interesting part other than the free hedron. You can wrap your hex stakes, and sell them as NFT’s on markets. So, now if you have a long stake and you really really need the money, you no longer have to end stake early and face early end stake penalties, you can either mint some hedron to sell, or you can just sell your stake to someone else.
If you don’t really know much about hex in the first place then a lot of this sounds like another language, even those who know everything about hex might need some time to understand what hedron is. go to hedron.pro to find all the links you need to join the telegram to ask questions and to learn everything about the project. So far, lots of whales have minted and dumped their free hedron, but this can be a short sighted mistake as this isn’t some silly airdrop with no value, this can truly moon very high and also bring hex along for the ride. When people emergency end stake their hex they are doing it because they need to sell, when they sell they lower the hex price. Now they have many options which no longer hurt the hex price and I see this hedron project being very successful. Even the hex origin address and the God Whale have claimed and minted their free hedron, basically giving it the stamp of approval. :)