So, trying to get my head around staking on Hex..

Question

HEX.COM

Dfi Guy

So, trying to get my head around staking on Hex..

the minted Hex buys T Shares during the staking contact.. correct?

#cryptocurrency #english #hex-crypto

0

20.06.2022

6 ответов

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John

You're burning the tokens in exchange for shares

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20.06.2022

Michael Light

You're buying T-Share with Hex @ (approx) 21,000 per T-Share. The Hex you buy that T-Share with is sent to a null address, black hole, and gets burned. Years later when you end your stake, your original Hex value plus the value of the inflation share you earned will be minted to you.

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20.06.2022

Dfi Guy Автор вопроса

Michael Light
You're buying T-Share with Hex @ (approx) 21,000 p...

So is the T Share purchased at the start of staking..?

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20.06.2022

Michael Light

Dfi Guy
So is the T Share purchased at the start of stakin...

Yes

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20.06.2022