Hex_Phoenix

Rising from the ashes of shitcoinery. Staker Class #5555club $HEX $PLS $PLSX love all things Maximus Dao. “I’m not late, I’m early for tomorrow.” #33

[Hex_Phoenix @the_hex_phoenix]

I got into $hex a year ago and have today hit my Tshare target, that I thought was going to take me 3-5 years to achieve. Hex at these prices is an absolute gift - sowing the seeds of financial freedom in the midst of a bloody bear market feels so damn good.

[Benny Johnson @bennyjohnson]

🚨STOP SCROLLING: Everyone Should Bear Witness To This Savage TAKEDOWN of Dr. Fauci by Senator Josh Hawley.

Watch as he DECIMATES Fauci and makes him SQUIRM in his seat.

This is how all of our Representatives and Senators in Congress should act.

Total MASTERCLASS

[Hex_Phoenix @the_hex_phoenix]

@BizzoBond @Chris_Wilson6 Yeah, that didn’t happen man, it was a disaster. Leeds are only just finishing cleaning the mess left by the previous regime now. We needed funds from player sales but a good chunk of the squad just got to leave. It caused a massive amount of bad feeling and uncertainty.

[Hex_Phoenix @the_hex_phoenix]

@JL90852 Yeah, you’re getting a solid centre back. Genuinely gutted he’s leaving but he owes Leeds nothing. He’s been a great servant to the club over his 9 years and he wanted a new challenge - seeing him and Georgi playing together is going to hurt though, ngl. It’s a steal at 15 - 20m

[Hex_Phoenix @the_hex_phoenix]

@SouthamptonFC

[Hexgeta 🇵🇹 @hexgeta]

It's been a little over 1 year since the HEX staking rate was cut by the mass staking activity from the OA.

The effects of this rate cut can be visualised beautifully on the MAXI pooled stake token backing values.

I've spent the last day or so updating my projection charts to use the last year or so of lower HEX earnings data to project where these stakes will land when they finish.

Here you can see:
- The historic behaviour of the price of these tokens vs their actual stake backing
- Their projected future earnings based on a current stake cycle exponential regression
- Projected future price fluctuations around the backing (purely decorative)
- See and sort by effective APY if you buy today & hold until stake end (caused by discounts vs backing)
- You can zoom out to see these projections through multiple stake cycles all the way up until the end of the MAXI stake (for like-for-like comparison).

This takes into account the historic daily increase in share rate since the rate cut last year as a "decay factor" applied to future stake starts to project the decline in earnings potential. Essential for short stake pools like BASE, which see a ~30% reduction in earnings vs if this wasn't applied.

--

It's no longer trivial which of these stake pools is undervalued.

Some have entered their 2nd, 3rd or 4th cycle. Stakes that are closer to ending, with even slight price discounts, can represent disproportionate APYs vs more obvious discounted pools like DECI.

See all the screenshots in the comments.

Message me if you want access to these charts :P

[Alex McWhirter @SIN3R6Y]

I've been working in silence for quite a while now. Tbh, I don't really even know where to start, so cue the rambling and ranting.

Regardless of which side of the fence you sit on, no one can argue the past few years haven't been politically and economically wild. For crypto as a whole it feels like a never ending game of tug of war.

A lot of X content has become toxic, so I just largely am not interacting these days. But I read, I read a lot of it. I think we like to forget history a bit in this community. $PLS launched off the highs, and the SEC swooped in right after.

Very few people want to admit it, but it shook confidence immediately. I mean no other crypto project has survived such a thing at the time. But #PLS $PLSX and $HEX did. However, winning doesn't unshake that confidence. And RH during and after that event took social precautions to protect himself and his creations.

Thing is, the guy isn't stupid. Someone once asked me if I thought certain aspects of the launch we rushed because he knew it was coming? And honestly, maybe. I'd attribute at least a non-zero probability to it. And If that were the case, im glad it was rushed. That case may have gone differently otherwise.

Do I still think #PulseChain, #HEX, etc... all have futures? Yes. RH has had the opportunity to just straight up bounce from all of this. Why hasn't he? You could point to exhibit A, B, C, D, etc... of how he's likely got the funds to do that and we all could relatively do nothing about it.

So why is he still around? I think it's pretty simple. The usual answer, he wants to win. It's in his twitter handle for Christs sakes. I'll go a step further and say he likely also wants us to win by extension, arguably not as much as he wins, but I mean that's pretty locked in at the moment 🤣

That's not to say he hasn't long been encumbered. And in that state, at lot has gone on without him. Much of which is / was bad. $pDAI guys... I pointed out from day one how building all this around a protocol in a dangerous state was a risky move. And I was right about that.... on multiple occasions... But does that matter now? I suppose not as much. In its current state, it's seemingly no longer exploitable. No different than a meme token now. (presumably, not like I have deep dove on any further risks since ESM). So I guess just whale risk mainly now?

Now a lot of people here are in the anti-pdai camp. Me too for what it's worth. But I don't care as much about it's negative anymore in its current state. A lot of people are still in the #pDAI camp strongly. We view this as tribalism, but it's important to note that makes all of us in the #PulseChain camp universally. So these day I find myself relatively pDAI neutral. If you guys want to send it to $1 do it. Only whales can stop you, they run out eventually. (insert super strong this is NOT financial advice). Hell you can maybe even use Sigma to help? Or maybe it wont help, idk. Depends on how people use the software.

Conversely, when looking at chain state overall... Why is there nearly $50M in stables sitting on the sidelines. Why not just bridge it out if you want out of what you think is a dead chain. Surely leaving it there exposes you to bridge risk? Why all these yield movements, why the $HEX dusts.... Something is happening. People are seemingly waiting to see what that something is. Or I am reading into things, NFA as always. This whole post is just ramblings of someone trying to do the best they can and certainly not any kind of advice.

When I look at other ecosystems, I see a level of polish we don't have. I see tooling we don't have, I see a fostered developer environment we don't have. So I've just been building it, painstakingly.... Because someone has to if we want to be taken seriously.

And what I've been building has allowed me to get Sigma to where it is. Sigma is so close... Really just in UI mode, performance optimization, going through nice to haves. I don't believe in launching in a non-finished immutable state. So yeah, I take my time. As with everything.

But my point with all of this, and the "why" #Sigma question.... It's unifying, anyone can participate. Which tribe you're in doesn't matter. And if you don't like it, don't use it. It's just software you can use or not use. As it should be.

The years of tooling work to deliver this has been a lot of work for one guy in silence. In that time AI has appeared. My take, every dev should be using it. Given the right direction and context. It will make you better. If you blindly trust it, it will make you worse. GPT 5.4 audits smart contracts better than most auditing services. Especially if you give it the context of what you are trying to do.

Anyways I digress, testnet is soon. Soon more meaning a feeling of near completion not always reality. That how software is. I do think Sigma stands to unify the chain in a common goal, and shift liquidity into more meaningful places, but ultimately it up to the people the decide to use the software or not use it.

And after these frameworks I've built will be applied to what I am tentatively calling the universal hex UI. More or less something aggregative of every derivative I can reasonably support. With data and analytics we since lost. So not just $HEX, $HDRN, and $ICSA, but others as well. However, that depends on some aspect of $Sigma to exist first, so sigma first, chain unity first.

And last but not least, take care of yourselves and strive to do cool things. If we aren't doing cool things then what's the point?

Hope you think my UI looks good, I spent a while on it.

/rant

[Hex_Phoenix @the_hex_phoenix]

@80s_Kidz When Harry met Pat Butcher

[Hex_Phoenix @the_hex_phoenix]

@brockpierson Hammered this game as a kid and for years I was adamant that in the intro it said “Peter Pan sells huts”

[Hex_Phoenix @the_hex_phoenix]

@_RB_Ash

[Leeds United Argentina @LeedsARG_]

Tottenham va en camino a su tercer entrenador esta temporada. En Nottingham Forest tuvieron 4 técnicos distintos. West Ham también cambio de entrenador.

El único club que mantuvo cierta estabilidad, increíblemente, fue el Leeds y Daniel Farke.

No podemos descender, por favor.

[Hex_Phoenix @the_hex_phoenix]

@seab72532 @TheProjectUnity Aye up, thee’s landed int back garden, fancy a cuppa?

[Hex_Phoenix @the_hex_phoenix]

@TheProjectUnity Boroughbridge!

[Hex_Phoenix @the_hex_phoenix]

@filmtakes66 @GeronimoMorgans There was, and it’s not visible from all parts of the ground.

[Hex_Phoenix @the_hex_phoenix]

@petermaurice22 @MarchingoutLUFC @apopey @GrahamSmyth @TheSquareBall Devision a separation is the last thing we need and jumping on one of side of the fence or the other without fully considering the circumstances of situation just adds to this.

[Hex_Phoenix @the_hex_phoenix]

@petermaurice22 @MarchingoutLUFC @apopey @GrahamSmyth @TheSquareBall Yeah, I agree. Booing something necessary and sacred to a religion awful. However, there is nuance - not every fan in the stadium booed directly because the game was stopped to break the fast. A good chunk didn’t realise what was happening and assumed it was another pep timeout.

[Hex_Phoenix @the_hex_phoenix]

@petermaurice22 @MarchingoutLUFC @apopey @GrahamSmyth @TheSquareBall I was just pointing out that we do have a practicing Muslim playing for us.

[Hex_Phoenix @the_hex_phoenix]

@petermaurice22 @MarchingoutLUFC @apopey @GrahamSmyth @TheSquareBall Joel Piroe is a practicing Muslim Pete.

[Hex_Phoenix @the_hex_phoenix]

@thegiggleverse @TRobinsonNewEra Both went down like they’d been shot and then got up and played on without an issue. Doesn’t go down well at ER.

[Hex_Phoenix @the_hex_phoenix]

@Bobbyf1213 @TRobinsonNewEra I don’t think there was an issue with the players breaking their fast, more so Pep used it as an excuse to talk tactics and have a reshuffle. It’s obviously important and sacred and Pep’s actions made it not so.