TO BE RELEASED ON PULSECHAIN
A reflection token that has it all, from the highest APY to a supported price floor.
FairHEX is a HEX staking platform. When you stake your HEX tokens, you are staking to the original HEX contract endorsed by Richard Heart.
When you unstake, you are bound by the rules set in the original HEX contract (penalties or rewards).
FairHEX is a reflection token built on top of HEX that rewards its holders with HEX each time a wallet sells FairHEX tokens. Half of the RFI tax is distributed to holders of FairHEX according to their holder share. The other half is feeding the Liquidity Pool.
The Liquidity Pool is permanently locked.
Staking rewards from profitable stakes are converted to FairHEX on DEX. That creates constant buy pressure, supporting the price floor of FairHEX.
The total supply of FairHEX is 21M, 90% of which is locked, 5M has to be minted, and the remaining amount pays a bonus to all profitable stakes. 5% will be airdropped over time, and 5% will be held in custodian wallets, LP, Marketing, etc.
There were ZERO FairHEX at launch that was eligible to receive reflection rewards.
You stake HEX for 7/15/30 days to claim free FairHEX. After 5 million tokens have been minted, the minting phase ends, and the staking phase begins.
Your HEX principal is left untouched (only bound by the rules of official HEX staking) and serves as proof of participation.
You are not subjected to fees when you stake or unstake (ongoing, completed, or late stake).