Mar 5, 2022
HEX or LUNA: Which goes to the moon or falls to the TERRA?
Stakers win.
You are a ̶b̶r̶i̶l̶l̶i̶a̶n̶t̶ REKT investor if you are a Terra Luna user and have locked stakes. Currently, there are 40,000 active LUNA Staker Wallets that average around 7% APY (Annual Percentage Yield).
Staking your long-term holdings is an investor’s best passive income strategy. It’s like owning a business with no overhead or mining cryptocurrency without equipment, real estate and electricity.
HEX vs. LUNA
However, intelligent minds do tend to think alike. A fully decentralized Ethereum based project provides its users up to five times the annual yield compared to Luna, called HEX.
The HEX protocol allows users to stake their tokens from 1 day to a bit over 15 years, and the HEX system provides better APY to users that make longer commitments.
Read more: WhaleStats hides HEX from their Heat map.
Coin Market Cap Links
The HEX protocol will burn the tokens when you stake them and provide you with shares instead.
The burning of HEX reduces the circulating supply and increases the price, which helps HEX holders even more.
There are 81,992 Active HEX Staker wallets committed to an average of 6.33 years, which pays around 25% APY (depending on the amount staked). The HEX design creates “diamond hands” where stakers cannot Emergency End Stake without paying a significant Penalty.
As well, if any wallet Emergency End Stakes. A portion of the fee goes to the existing stakers!
One of the biggest HEX holder’s wallets recently locked up over $194 Million for 5555 days, and it’s clear the smart money sees the inherent value of HEX.
Contrast
A benefit of Terra Luna is that it is in its correct position on information sites like Coin Market Cap. On the other hand, Hex is gatekept by centralized exchanges, promoting leverage trading over long-term holding. Assuring me that it will be unstoppable once the actual word for HEX gets out there.
Read more: WhaleStats hides HEX from their Heat map.
HEX Stake Equity
Hedron adds value to HEX stakers, allowing users to borrow against, claim free coins, and tokenize stakes into NFTs. Once you tokenize a HEX stake into an NFT, it will enable you to sell it on an exchange and not incur Emergency End Stake Penalties. Also, you can borrow HDRN tokens against your HEX stake to take profit while staked and sell them for Ethereum on Uniswap.
Learn more about Hedron. Free liquidity from your locked HEX stakes.
Summary
When it comes to staking HEX or LUNA, it’s evident that HEX stakers get significantly more. The cons for some is that the staking period for HEX is too long for the impatient holders.
However, weak hands will sell, and since LUNA is on centralized exchanges, it will be a victim to a BTC bear market.
The opportunity for both projects seems very promising, and I prefer the grassroots movement, higher payout, and delayed certification rewards of HEX over LUNA.
All HEX users will also double their bags with the launch of the Pulsechain fork of Ethereum.
NEW TO CRYPTO? Learn more here https://docs.hex2learn.com/
HowToPulse TwitterStorm Official Telegram Group: https://t.me/pulsetwitterstorm
Written by: @hostshawn via wnotn.com (@whatsnotnews)
