![Hex is the number 4 crypto by market cap [1440x2880 - 710KB]](https://pic8.co/sh/KTxBL8.png){kind=link}
What the hell is this one and where did it come from?
What does it do?
Sadly, it's been gatekept from you.
It's a staking coin. Trustless as can be, ever increasing price.. Learn how the t share system works and all the other mechanisms that make the price pump like mad.
You have a second chance though.. Check out pulsechain.com.
Was thinking I would buy a bunch of tokens on the egg chain and then sell then after the copy and get my money back but have them for free on the pulsechain.
Yep that's one angle to play.
I have my staked hex, and some liquid hex that I'll be sacrificing for pulse. I get all 3 that way. Ehex, phex and pulse. It will rain money on us.
Yeah. Read some more. Apparently value goes up as more people dump more real money into it and cant get real money back out.
Nobody has trouble pulling their money out. Getting nuked is part of the game theory. You can get your principal back once you've served half your staking length, but you would lose all the interest. If you end your stake less than half way through, then you're at risk of it cutting into your principal and if it's too early, then say bye bye to your hex.
Penalties like that get paid out 50/50 to the origin address and the remaining stakers. It is what keeps the apy steady hovering around 40%. And it makes the price pump like crazy because people are locking their hex up for as long as fifteen years. Hardly anyone sells their hex, so price is up 175,000% and it's going to keep going.
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