Hex One Protocol @Hex1crypto
$Hex1 - Yield-bearing stable coin backed by T-Shares https://t.co/YOftOEfHSd learn.hex1.club Joined March 2023-
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Waddup #hex1 gang? We've been working non-stop to improve the first $hex-backed stablecoin protocol 🔜 to be released: ✅ vault mints an NFT when you borrow #hex1. This can be useful for v2 products and future enhancements (i.e., perps) ✅ new liquidations engine 🏁
In the next cycle I predict that #HEX will be an ecosystem of borrowing services. It is a necessary addition: - Borrow against your stakes (Hedron & Hex1) - Lending out liquid HEX & utilizing the chart of future market supply to assert your decisions (None yet 😉)
@KatieePCrypto Hi Katie! I hope you consider looking into @Hex1crypto as a potential go-to stablecoin on the Pulsechain ecosystem 🙏 no admin keys, open on-chain oracle, embedded liquidity bootstrapping and incentive token, auto-protection for initial collateral deposits 💚❤️
Wonderful sum of the past week by @Time_Haven! Our community is growing stronger by the day. Thanks to everyone for your valuable inputs 💚❤️ Join us! 🤝👇 t.me/HEX1protocol/2…
We are improving #hex1 stablecoin mechanics so that you can liquidate positions before maturity, by changing the ownership of the underlying #tshares. This will protect the HEX1/DAI peg even harder 🥇 #hex #pulsechain
Yo #HEXicans I think it would be wise to follow @Hex1crypto turn on alerts 🔔 and jump into their telegram group! These Giga brain 🧠 chads are building out the future of #HEX on #PulseChain & #Ethereum
After an awesome discussion with @jonnisaks and @AxisAlive yesterday, we are making some changes to the liquidations engine, to make it more flexible. This means your positions can be liquidated before maturity, BUT this increases the peg stability. Onwards and upwards #hex
How about now, General? 🫡
Do you like the new look? Great logo by @AxisAlive #hex #pulsechain #stablecoin
Guys, launch date approaches 🚨 click the bell 🔔 for all notifications. The first stablecoin backed by $hex #tshares will soon be released ON #pulsechain $pls 🔥 No admin keys. Embedded price oracles with the most liquid pairs. Collateral protected from short-term liquidations
Another milestone was achieved! Audit Report v1 by @coverage_labs released, check it out 👇😍 github.com/HexOneProtocol…
OVER 100 VOTES THANK YOU GUYS!!!
OVER 100 VOTES THANK YOU GUYS!!! https://t.co/FhevmrfGmb
@telmodfs @Hex1crypto That's why it is a sacrifice. Do you know why sacrifices are needed? Did you know that 75% of that sacrifice in hex1 protocol goes back to participants? Only 25% of sacrifice usd value will be added to LP of the protocol, which gives it stability. Read: Hex1.club
@Hex1crypto Total supply is fixed. So at the end of sacrifice + airdrop all hexit is minted. A portion goes to farming and 1% of the total pool is distrubuted per day. Now this is was done so to incentivize most liquidity to be locked early (higher APRs) since more hexit is available to be…
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In the next cycle I predict that #HEX will be an ecosystem of borrowing services. It is a necessary addition: - Borrow against your stakes (Hedron & Hex1) - Lending out liquid HEX & utilizing the chart of future market supply to assert your decisions (None yet 😉)
@apewojak @Hex1crypto Glad to hear it! Definitely seems like they're taking their time to get things right. In my experience the team has been incredibly open to discussion and feedback
@Time_Haven @Hex1crypto Yep been talking with the founder a lot. I've helped in some areas. I like working behind the scenes though. The pressure-free environment really sparks creativity.
@apewojak Are you following what's going on with @Hex1crypto?
Using #HEX as collateral for loans is the superior alternative to any other assets, because future dumpers are known ahead of time via the chart of future end stakes. This is the future. The haters will be proven wrong.
@cdrallig66 @CryptoCoffee369 @Hex1crypto Forwarded it to the devs! Also check the TG , t.me/uPabns. uP and uPX are the amazing core protocols they build, it’s the best things build on #pulsechain I’ve seen! And so much more to come! Smart Vaults will be amazing, LL for the little guy
@Gizmo_55555 @CryptoCoffee369 This is amazing. Any chance we can work together on a similar solution for @Hex1crypto? Fantastic job the bot is 🤌 🤩
@PulsicanSW @burgerle_13 No prob. If you like #pulsechain related stables follow these guys too @Hex1crypto 🤝
@KatieePCrypto Hi Katie! I hope you consider looking into @Hex1crypto as a potential go-to stablecoin on the Pulsechain ecosystem 🙏 no admin keys, open on-chain oracle, embedded liquidity bootstrapping and incentive token, auto-protection for initial collateral deposits 💚❤️
@0xMotoku This is the principal reason why @Hex1crypto has an open and public on-chain oracle with no admin keys. Our design choice was to remove any doubt about where prices come from, and the liquidity available on the pairs feeding Hex One vault. I hope LL works out 🙏
NEW Updated $AXiS League Report from @Time_Haven. 🔱🐋🦈🐬🦑🐢🦀
@Hex1crypto I am looking forward for this project.
@Hex1crypto You guys are genius. Thankful for this 🙏
So far I don't much about the project but it definitely has my attention 🚀 #HEX
We are improving #hex1 stablecoin mechanics so that you can liquidate positions before maturity, by changing the ownership of the underlying #tshares. This will protect the HEX1/DAI peg even harder 🥇 #hex #pulsechain
@Hex1crypto Interesting I’ll have to see it drawn out or better explained. I’m super thankful people are adding functionality on top of the $HEX protocol! This should have been done LONG AGO imo Yall are fixing the #1 issue with staking 💪