Quote from: nutildah on May 10, 2021, 09:23:52 PM

Quote from: bird flyin on May 10, 2021, 07:35:24 PM

Quote from: speedforce on May 10, 2021, 12:39:49 PM

Its interesting, so basically HEX is a tools to deposit your wealth and the longer you lock it the longer you will earn?
But im curious, where the interest funds came from?

In bitcoin inflation is paid to miners that dump their btc to pay electricity bills. In hex the inflation is paid to stakers that lock up their coins, they don't need to dump to pay for electricity.

Did you know that HEX is an Ethereum token, which is proof of work?

Currently yes, but then there's eth 2.0 which hopefully will make staking lower amounts viable by reducing fees. This, or the upcoming fork of Ethereum addressing this (PulseChain).