Hex One Protocol
  • 💵What is Hex One?
  • ⭐Basics
    • How $HEX1 works
    • How $HEX1 peg works
    • Overcollateralized vault
    • Hex One Protocol Benefits
  • 📊Tokenomics
    • Vault
    • Collateral Ratio
    • Liquidation Ratio
    • Liquidation Process
    • Impermanent Loss Protection
    • Price Feed
    • Pumpamentals
  • 📊Audits
    • Certik
    • Coverage
  • 📜Contracts [to do]
    • Tokens
    • Hex One Protocol
    • Vault
    • Farming
    • Bootstrap
    • Liquidations
  • 💾Versions
    • V1 [current]
    • V2
  • 💱Hex One Incentive Token
    • Incentive Token ($HEXIT)
    • Incentive Token Distribution
  • 💱Hex1 Debt Title (HDT) NFT
    • Hex1 Debt Title NFT
  • 💸Bootstrap
    • Bootstraping Hex One
    • Bootstrap Benefits
    • How to Bootstrap
    • Bootstrap HEXIT Distribution
  • 🤑Airdrop
    • Airdrop Benefits
    • How to Participate
    • Airdrop HEXIT Distribution
  • 🔂BORROWING
    • How to Borrow
  • 🧑‍🌾Farming
    • How to Farm
    • Yield / APRs
    • HEXIT Farming Inflation
  • 🖼️Branding
    • Hex One Branding
  • 🏫References
    • References
Powered by GitBook
On this page
  • HEXIT distribution process
  • Bootstrap sacrifice begins
  • Bootstrap sacrifice ends
  • Airdrop begins
  • Final HEXIT distribution table
  • Hexit distribution timeline
  • Supply Allocation by Vertical per Second
  1. Hex One Incentive Token

Incentive Token Distribution

In this section, you can find out how $HEXIT will be distributed.

PreviousIncentive Token ($HEXIT)NextHex1 Debt Title NFT

Last updated 10 months ago

TLDR: either provide liquidity and stake the LP or sacrifice to receive $HEXIT. The earlier you join, the more $HEXIT you're likely to earn. Total supply depends on the bootstrap phase.

HEXIT distribution process

Below we describe how HEXIT tokens will be minted. The total supply and final distribution can only be known once the airdrop ends.

Bootstrap sacrifice begins

Once the bootstrap begins, new HEXIT will be minted according to the following :

Sacrifice Total USD * Bonus Multiplier * Total Daily HEXIT

100% of $HEXIT allocated to sacrifice participants.

Distributed To
Total

Bootstrap Sacrifice

100

TOTAL

100%

Bootstrap sacrifice ends

  • 66% new HEXIT are minted and allocated to an unknown address.

HEXIT SUPPLY ALLOCATION
TOTAL

Bootstrap Sacrifice

60

Unknown

40

TOTAL

100%

Airdrop begins

(9 * Sacrifice Total USD) + (1 * Hex Staking Total USD) + Total Daily HEXIT

Final HEXIT distribution table

Can only be known once the bootstrap airdrop ends. A maximum of 5% of HEXIT tokens will be claimed by the airdrop participants (likely less).

HEXIT SUPPLY ALLOCATION
TOTAL

Bootstrap Sacrifice

59

Unknown

36

Airdrop

5

TOTAL

100%

Hexit distribution timeline

  • Bootstrap Sacrifice phase: 30 days

  • Bootstrap Airdrop phase: 69 days

Supply Allocation by Vertical per Second

HEXIT SUPPLY VERTICAL
TOTAL PER SEC
PERCENTAGE

Farm HEX1/DAI from ETH

1,555,555

76%

Farm HEX1/HEXIT

455,555

22%

Price Feed

25,555

1%

TOTAL

2M

100%

A total of 2,036,665 HEXIT tokens are minted per second; 175 Billion HEXIT per day; and 74 Trillion per Year.

Once the airdrop begins, new HEXIT will be minted according to the following :

The total HEXIT supply will increase with and .

formula
formula
farming
price feed keepers
💱
Page cover image