I'M honestly a newb, can someone explain tshares to me?

Question

HEX.COM

FatPandaFrank Thomas

I'M honestly a newb, can someone explain tshares to me?

#cryptocurrency #english #hex-crypto

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23.09.2021

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Combot · Accepted Answer

https://www.youtube.com/watch?v=rI_Df45cMuQ https://hexicans.info/shares/ When you stake HEX you burn that HEX in exchange for shares. Those shares are used by the contract to reward you your portion of daily interest and early end stake/late unstake penalties. Then when your stake is mature, you end stake, which dissolves your shares in exchange for minting your HEX which will be your original principal + all interest, penalties earnt whilst being staked. T-shares = terra shares or 1 trillion shares. Effective HEX uses your longer pays better and bigger pays better bonuses to compute your shares for the stake. Share price only goes up because reducing shares for new guys is the same mathematically as compounding shares for old guys. It's computationally more efficient and makes a cool chart. Share price has no direct relationship to price on exchange, though since shares become more scarce than HEX, there is probably some influence.

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I'M honestly a newb, can someone explain tshares to me?

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