This write-up on the crypto token called HEX is courtesy of @miketherealme on X.com:

🤔 What is $HEX?

HEX is a cryptocurrency like Bitcoin, but it does more than just send and receive coins. With HEX, you can lock up your coins and earn more HEX over time, kind of like how a bank gives you interest when you lock up your money in a CD (Certificate of Deposit).

⚙️ How does HEX work?

When you stake HEX (also known as “locking it up,” “mining,” or “burning”), you’re destroying your HEX temporarily. In return, you get something called T-Shares.

❌ T-Shares are not coins. You can’t sell them or send them-they’re just used to track:

-How much HEX you locked up

-How long you locked it for

-How much interest (extra HEX) you should earn

🏁 What happens at the end?

When your stake ends, the T-Shares tell the smart contract (a kind of program on the blockchain) how much HEX you should get back, including your rewards. If you wait until the full time is up, you get all your HEX plus interest.

⚠️ But if you end your stake too early, you get penalized. That means:

-You might lose some or ALL of your HEX

-That lost HEX gets given to other people who are still staking.

🔐 Do I have to Lock it up?

No! You don’t have to lock up your HEX. You can simply keep it in your wallet and sell or trade it anytime you want. But if you do that, you won’t earn any rewards-you’re just holding it like any other crypto. The main idea behind HEX was to encourage people to lock it up and earn more over time. That’s what makes HEX different from most others.

💁 Why HEX?

Over the years, many other projects have tried to copy what HEX does, but none of them have really measured up. They don’t have the same powerful reward system, the huge community, or the track record. HEX has been running strong for over 5 years.

🤐 One reason you don’t hear about HEX in mainstream crypto media is because it’s been heavily gatekept since day one. Many influencers and crypto news outlets called HEX and its founder, Richard Heart, a scam-mainly because they didn’t understand (or didn’t bother to learn about) how the project was built. Some of the criticism came from the early distribution, where people sent ETH to a smart contract and received HEX in return. Critics were upset that the ETH went to a wallet that Richard controls, and they often ask, “Where did the ETH go?” Some even claim he used it to buy back HEX and make it look like more people were buying than there really were. But the truth is, a lot of real people were buying, and the community grew fast.

Despite the backlash, many of those early critics have now been discredited for not even reading the code or understanding how HEX actually works. Meanwhile, the HEX community - known as the HEXICANS - has only gotten stronger. On its way up, HEX did an unbelievable 10,000x return from its all-time low, and many early believers did really well.

🗣 I want to be clear-I don’t own a lot of HEX, and I’m not here trying to get rich off anyone buying it. I simply believe in the founder and what he’s building. It honestly sucks to hear people say HEXICANS are just trying to "dump on new users" or use them as exit liquidity, that’s not what this is about. In any market, crypto or not, someone always buys and someone sells. It’s not about scamming anyone; it’s about believing in what you’re holding and deciding for yourself what it’s worth.

Today, HEX has migrated to PulseChain, a new blockchain created by Richard Heart. The move happened because Ethereum’s fees got too high, making it expensive for people to stake and end their HEX stakes. On PulseChain, things are faster and way cheaper, and the HEX community has followed along with full force.

The PulseChain ecosystem is vibrant and growing fast, with new projects popping up all the time; like NFT marketplaces, meme coins, lending platforms, and other creative tools and utilities. It’s becoming one of the top blockchains to watch, and HEX remains at the center of it all as one of the most important and unique cryptocurrencies in the space. ✌️

CLICK HERE TO CHECK IF YOU HAVE FREE COINS ON PULSECHAIN

HEX Staking Explained: https://hexicans.info/documentation/contract-guide/

PULSECHAIN LINKS

PulseChain Info: https://pulsechain.com 

PulseChain Tour: https://pulsechaintour.com

Get 1000 Free $PLS to Start Using PulseChain: https://getpls.fyi

Pulsechain-Friendly DeFi Exchange (Liberty Swap): https://libertyswap.finance

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