*****All the following information is sourced from BitcoinHEX.com*****
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BitcoinHEX (BHX) is a token that I have learned recently about. I am very excited about the project founded by Richard Heart. I truly believe that it has great potential in the crypto space.
In today’s fiat world, CD’s and savings accounts are probably the next product one would purchase in a bank besides a checking account or Roth IRA. Bringing that concept into the cryptocurrency world and at the same time yielding a high interest for those that participate in the 50 week phase is an amazing opportunity for anyone. If you have any amount of BTC, you can claim your free BitcoinHEX.
There are a couple of things that I really like about this project:
1.) The founder has thought of every way that would help to project BitcoinHEX to benefit not the whales, but the minnows and early adopters.
2.) There is a great ROI if you stake longer.
3.) It incentivizes you to participate at least weekly, especially once the 50 week phase begins after the snapshot.
4.) Also who doesn’t love compound interest?...I do 😊
Truly once I started learning about BitcoinHEX by means of reading and watching all materials about the ERC-20 token, I became pumped and excited to share this opportunity with everyone. I may have not been able to participate in BTC in the beginning to reap the amazing gains now, but I will be a part of BHX’s initial start in the crypto world.
Check out some fun facts about BitcoinHEX below my friends
| Claim Bonuses | Claim Phase (First 50 Weeks) |
|---|---|
| Referral | Earn 20% on anyone that claims using your link. |
| Speed | Earn 20% bonus if you claim first week. Every week you wait, bonus Reduces by .4% |
| SillyWhalePenalty | 1k-10k+ claims pay reduced by 50-75% (Their loss is stakers gain! Paid over 50 weeks) |
| GoxMeNot | Mt.Gox and a few other parties are not allowed to claim. |
| Staking Bonuses | First 50 Weeks. Stakers Only |
|---|---|
| We're all Satoshi | 2% Unclaimed coins paid to stakers weekly. Claim 1st week or lose it all over 50 weeks |
| Critical mass | Increases stakers pay by % of coins that claim. If 100% then 100% bonus. |
| Virality | Increases stakers pay by % of addresses that claim. If 100% then 100% bonus. |
| Stake Bonuses | Continuous. Stakers only. |
|---|---|
| Staking | If 1% of coins stake, they make 369% interest avg. e.g. If 2% then 184.5%, 10% is 36.9% The less stakers the less the pool gets divided. More stakers, less circulating supply. |
| Loyal Staker | 1/2 Emergency End Stake penalties paid to pool. (1/2 weeks committed, minimum 9) |
| Loyal Staker | 1/2 Late End Stake penalties paid to pool. (1% of stake per week after 2 week grace) |
| LongerPaysBetter | The longer you stake, the more you make. ~20% bonus shares every year you commit over 1 week. Works on any length over. So 5 year gets 2x shares that 1 week would. |
| Compounding | The interest pool is compounded every week, maximizing your gains. |
Note: This post has been edited since it's original publication.
**Thank you for your guidance and support. Due to your help I've made some changes to the post to make it feel more like me :)