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Ben Sierra
@BenSierraPro
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HEX Analytics https://t.co/DTPmOYHNjs Creator of https://t.co/Zfjt3Vt4aL
Blockchain
Joined August 2010
RT @RichardHeartWin: Literally hidden gems. INC inflation just got cut 20x. HEX daily APY% just cut 7x. PulseX and PulseChain have been bur…
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@KreigWardall_85 The new stakes are 5555, which are around 200B on ETH. 350B is still only 7days. I will have to make a comprehensive list
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@ChingChingPulse Well a higher yoield at ath prices is incentive to stake. A lower yield at atl prices is an incentive to stake. We want always an incentive to stake;) but who knows what will happen
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💇♂️The decision to cut rates in HEX was a good one because we need to make these staking ratio charts go up. Look at January (Part 2 of the HEX monthly report). An additional $18.1M flowed out of staking last month. While this is less than in December, value is still leaving staking and not returning. With a reduction in inflation, less value will flow out, and smart market participants should drive value back into staking. The Staking Start and End Ratio remained low but is attempting to rise again. On PulseChain, it is at 0.7, and on Ethereum, it is at 0.21.
HEX in January started a bit slower, but we had a really good run in the last quarter, so it's fine to take a little breath before the storm. Most importantly, HEX continues to show consistent staking activity. More than 6,300 stakes were made, which is more than in September. Of those, 89% were on Pulsechain. These stakes had a total principal of 16.3B, which is quite high and on par with November's numbers. 30% was staked on Ethereum, while 70% was on Pulsechain. The median staking length on Pulsechain dropped even lower, now at 90 days. On Ethereum, it's double that—essentially double the conviction. The average is still hovering around 1,000 days. I'm curious to see how this will change in February after the Halvening. You need those T-Shares ASAP to secure better yields. The average staking amount increased to 2M on Pulsechain and 7.1M for HEX on Ethereum.
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@rhmaximalist No real predictions, but theoretically a better monetary police with expected price upward movement should make yield more desirable and lead to more staking in the long term. We can see that price increases boost staking activity
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