pHEX;
most of traffic eHEX vs pHEX, simply due to the much much lower fees, will be occuring on pHEX from the point of plusexchain launch;
the rest will be selling off of eHEX, either end of
stakes or switching to pHEX
as such the main price upping will be on pHEX
& is best to switch &or stake there
Staking can only be done on the native chain. However if you bridge ehex to phex you can obtain hex on pulse to stake. Very bullish imo
Secondly if my aim is to get rid of ehex to have phex I would bridge, so that will not be sell pressure
elaborate .. the underlying dynamic
Hex_is_the_way (1498) has increased reputation of Chrispy 🦀 (I WILL NOT DM YOU) (226)
Should I assume you know HEX Basics already? Two different chains at fork with two copies of HEX stake to start with, right?
Common thought is that ehex holders will migrate to phex. Initially we thought they would have to sell. So let's go with the idea we want to migrate.
You could sell on eth, bridge to Pulse and buy Hex on pulse. What I am saying is most direct least cost method may be to simply bridge you ehx to phex for the bridge fee.
So that make hex more scarce on eth and also more scarce on pulse. Without any eth sell pressure.
Hex_is_the_way (1498) has increased reputation of Chrispy 🦀 (I WILL NOT DM YOU) (227)
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