Are you looking for a new opportunity that will make you 100X? Hedron may be just what you're looking for. It has made 200% in less than 5 days and has gone up as much as 15X very recently. It has been noticed that its rise has directly affected the price of HEX. So why? Well, that's because Hedron is a project launched for the benefit of Hexicans Stakers and PulseChain.
In this video, we will first introduce you to what Hedron is, then we will discuss the different functions of Hedron and why you should claim or stake your Hedron, and why you should consider staking your Hex through Hedron in the future. So, as usual, watch this video until the end to not miss any details.
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Hedron (HDRN) is a collection of smart contracts that live on the Ethereum and PulseChain blockchain(s). Hedron builds on top of HEX to allow stakers to mint and borrow HDRN tokens against their active HEX stakes. Hedron also allows stakers to trade their HEX stakes as NFT tokens on any compatible NFT marketplace. Hedron has no admin keys and no-kill switches. Just like HEX, Hedron is completely decentralized with zero counterparty risk.
You can find this cryptocurrency mainly on Uniswap.
As we explained in one of our videos, HDRN is struck at a ratio of 1:1 to the number of B shares (one billion shares) allocated to a particular HEX stake. Stakers may strike this amount once per day served in a stake. This can be done once per Hedron day, at the end of a stake, or an arbitrary point in between. Various bonuses are available that apply only to hit, such as the launch phase and AMR bonuses. There are no requirements for coinage, so if you have a HEX stake you can coin HDRN without risk to your stake.
Hedron game theory and why is it a good option for HEX stakers?
To understand Hedron, it's essential to get to know HEX first. Similarly, to Hedron, HEX is an inflationary token recreating on a blockchain a common banking financial instrument called a Certificate of Deposit. Staking HEX for some time guarantees the same amount of principal plus a payout where the payout is calculated based on the shares out of total shares in the pool. The shares in the pool come from inflation and penalties for early or late stake ending. Shares are scarcer than HEX tokens because their price can only go up. They become scarcer with time. With HEX, every user can stake, mint, and take advantage of inflation canceling out the Cantillon effect so popular in legacy banking.
Hedron is a set of smart contracts built on top of the Ethereum and the Pulse Chain blockchains and strictly related to the HEX token stakes. It gives HEX stakers the possibility to mint HDRN, tokenize the stake, and take advances/loans on their stake. It gives HEX stakers a unique opportunity to trade the NFT with the Hex stake contained within it remaining unchanged.
Calling a “Tokenize” function on an HSI (HEX Stake Instance) created through the Hedron protocol removes the stake from your control, maps the ownership of the wrapper to your address, and holds the stake in that wrapper on your behalf. The NFT token that is issued when the function is called is linked to your address and can be traded or it can be detokenized by the new owner. This action will give back the control of the underlying HEX stake.
What this new Hedron functionality does is give HEX stakes the possibility to gift their stakes via HSI NFTs and, instead of stakers Emergency End Staking their stakes. This means that there will be potentially less downward HEX price movement.
The state of any mintable HDRN and/or any bonuses attributed to the HSI will be transferred to the new owner of the HSI NFT, who can subsequently ‘detokenize’ the HSI and mint any mintable HDRN available on that stake or get an advance.
Users with an HSI can borrow HDRN tokens based on days served and days unserved combined without the bonus attached and without days already minted. Borrowing will mint the equal of the total amount of HDRN available paid upfront with the requirement to pay back in HDRN. This can be seen as the opposite of a mint since minting requires the staker to have served days within the stake to mint.
When Hedron launches, claiming the early 10x bonus will guarantee the maximum HDRN mint capability from a single HEX stake. Doing it against multiple HEX stakes, each of whom sitting in separate, single-use addresses, with a seed created for that address on a hardware wallet ensures that each stake is encapsulated in a single-use Hedron contract.
Hedron users may also wait for the AMR bonus day that is given to the users when the borrowed supply of HDRN exceeds 50% of the minted supply and the bonus is 0.2x bonus for each 1% above 50% it raises. What it means is that when too much HDRN is borrowed, on that day a whole lot more Hedron is minted into existence.
There’s an incentive to hold on to stakes and to not mint HDRN because it makes the AMR bonus happen faster and the user with more unmined HDRN is going to get more from the bonus.
Some HEX stakers may opt for another common tactic maximizing their returns called a CD ladder. The advantage of this ladder is the access to the higher rates offered by 5-year staking terms. Structuring stakes into a ladder of different lengths provide liquidity to the user year after year rather than every 5 years. Following this tactic implies that Hedron user creates five stakes of equal amount where one of them is of the 1-year length of time, another in a 2-year length, and so on through a 5-year stake.
Then, when the first stake matures in a year, the user takes the resulting funds and opens a 5-year stake. A year later, the 2-year stake will mature, and it will be staked for another 5-year. Going forth like that with whichever maturing stake ensures that the user ends up with a portfolio of five HEX stakes all earning 5-year APYs, but with one of them maturing every 12 months. This allows for easy access to yearly liquidity that wouldn't have been possible with five 5-year stakes.
Some users may want to create more stakes and extend the length to 10 years. Whatever strategy they opt to go for, it’s always good to keep in mind that unminted and longer stakes have more trading power when turned into NFTs, that there’s always a chance to get a bonus within the first 100 days from the launch and another bonus when the minting to borrow rate falls below 50%, and that HDRN tokens can be taken in advance on a HEX stake.
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