Category : OTHERS
hex.business is an ecosystem built entirely around HEX, an ERC20 Token based on the Ethereum blockchain. HEX is similar to a certificate of deposit that traditional banks have issued for many years, in order to use those deposits as collateral to borrow more money. HEX can be staked for multiple time periods chosen by the user. The HEX is then burnt and shares are allotted. At the end of each stake new HEX is minted based on the increased value of those shares thereby paying the stakeholders interest. hex.business has built an entire ecosystem around HEX with the sole intention of increasing our users position size in HEX. When depositing HEX into any of the DApps in the hex.business ecosystem our loyal user base will earn another ERC20 Token called HEX Money (HXY) which will be minted at a ration of 1000:1 For every 1000 HEX deposited 1 HEX Money will be minted and sent directly to the investors wallet. HXY can be frozen and interest and dividends are paid in both HEX and HEX Money.