If 2 People both put 5 ETH in at the same time then they will both get 50% of what’s dropped that day. This is easier to explain with an example. When you buy HEX with ETH you get a porportional amount of HEX. This means if you wait, you won’t be getting much HEX. Currently it looks like there’s about ~500M new Hex released per day. So it’s important you do not wait! THE YEAR LONG HEX RELEASE PARTY STARTS ON DEC 2nd!! WHEN THE PARTY’S OVER EXCHANGES WILL BE THE ONLY WAY TO GET HEX.Įach day during the token release party the amount of HEX to be released will be reduced in porportion to the amount of BTC claimed and spread across the remaining days. But don’t dispair! You can buy HEX anytime within the next year using ETH.īuying HEX with ETH is very straight forward, but how much you recieve is reset but reduces each day you wait. Not even a single satoshi will be spent or transmitted! Completely safe! Method 2: Buy with ETHīut if you don’t have BTC before that timer goes out, the snapshot period will be over and you will have missed the chance to claim some HEX for free.
HOW HEX WORKS FOR FREE
If you have BTC in your possesion (Your keys, your BTC not your keys, not your BTC!) then you can claim some for free anytime in the next year! Simply sign a message using your wallet and the HEX coins go into your HEX wallet. Method 1: Claiming free HEX for owning Bitcoin When your coins are released from their time-lock, their value will be much more, AND you got more while you were HODLING.įor the next year you can get HEX in two ways.
So what happens when you lock up coins? The available supply becomes lower.
Here’s the great part - you can lock it for any amount of time - 10 days, 30 days, 365 days, and the longer your locking period, the more interest you get PAID. What does this mean? It means that while your funds are locked away for X - days it generates interest. It is an high interest earning token with a twist - to get the higher interest, you must time-lock your funds! HEX is an ERC Token on Ethereum that is designed to increase in value over time. New to HEX? | hexworks Skip to the content.
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