Coins field guide

HEX.

A token with a staking feature.

HEX is a token whose contract includes time-based staking mechanics. It is part of an ecosystem that also includes PulseChain and PulseX.

What it isWhy it mattersWhat can go wrongWhat to do next

NetworkSmart-contract token

SupplyVariable

Birthday / launchDecember 2, 2019 — HEX claim phase snapshot date

Know the backstory

December 2, 2019 — HEX claim phase snapshot date

Built by: Richard Heart

HEX launched as an Ethereum ERC-20 token with a time-lock feature. Early Bitcoin holders could prove ownership with a signature to claim HEX; the token's code was designed around voluntary time commitments.

Why it stands apart

A token with a staking feature.

HEX is a token contract, not its own proof-of-work or proof-of-stake blockchain. Its “staking” is a contract time-lock with its own reward and penalty rules.

Bottom line: HEX has its own design, trade-offs, and risks. Learn the network before you use the asset.

Follow the money

What happens after you hit send.

A wallet interacts with the HEX smart contract on the selected chain.
A stake commitment records an amount and an end date on-chain.
When the stake ends, the wallet calls the contract again to end it and settle the protocol-defined outcome.

Know the economics

Where new HEX comes from.

Supply and rewards are governed by the contract's published rules, not by Bitcoin-style mining.

Protect the downside

The mistake you cannot undo.

Time locks, penalties, smart-contract bugs, liquidity, price volatility, and phishing all matter. Never use a recovery phrase to connect to any app.

Go beyond the summary

The subject in plain English.

HEX is a separate system with its own rules, people, and trade-offs. This page explains the basics in plain English so you can understand it before deciding whether to use it.

Start with the plain version

HEX is a token whose contract includes time-based staking mechanics. It is part of an ecosystem that also includes PulseChain and PulseX.

Its birthday and backstory

December 2, 2019 — HEX claim phase snapshot date. HEX launched as an Ethereum ERC-20 token with a time-lock feature. Early Bitcoin holders could prove ownership with a signature to claim HEX; the token's code was designed around voluntary time commitments.

Who is behind it?

Richard Heart. Names can explain a project’s history, but they do not make an asset safe or guarantee its future.

What keeps the record

HEX uses Smart-contract token. Staking in a smart contract is not the same as holding keys in a wallet. Learn the terms, penalties, liquidity, and contract risks before interacting.

Supply, fees, and incentives

Supply and rewards are governed by the contract's published rules, not by Bitcoin-style mining.

The part to take seriously

Time locks, penalties, smart-contract bugs, liquidity, price volatility, and phishing all matter. Never use a recovery phrase to connect to any app.

What people use it for

Where this matters.

Learn how the network records activity
Understand the difference between the asset, the network, and the company around it
Recognize the correct network before a transfer
Check whether a wallet or service actually supports this asset

Before you act

Verify before you sign.

Find the project through an official link, not an ad, reply, or direct message.
Confirm the exact name, ticker, network, and token or contract address.
Do not share a recovery phrase, private key, or remote access with anyone.
Use a small test transaction before moving an amount that matters.
Treat every purchase, yield offer, or app approval as a separate risk decision.

Common questions

Clear answers before money moves.

When did HEX begin? +

December 2, 2019 — HEX claim phase snapshot date

Who built HEX? +

Richard Heart

What blockchain does it use? +

HEX uses Smart-contract token. HEX is a token contract, not its own proof-of-work or proof-of-stake blockchain. Its “staking” is a contract time-lock with its own reward and penalty rules.

What is the safest first step? +

Read the official documentation, verify the correct network, and make a tiny test before connecting a meaningful wallet or sending a meaningful amount.

Primary sources