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Daily Payout

The Daily Payout is the amount of pHEX tokens that you earn daily for each T-Share that is secured in your mining contract. This amount fluctuates each day depending on market behaviours. The default amount shown is based on the latest payout and you can change the value to speculate future outcomes.

Daily Payout:

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T-Share Rate

The current T-Share rate is the amount of HEX required to secure 1 full T-Share with a minimum 1-day mining contract.

Mining Bonuses

Mining bonuses are variables used as part of a scaling equation to calculate Effective HEX and T-Shares.

Longer Pays Better (LPB)

The longer your mining contract, the more HEX you'll earn on your Yield. A bonus of approximately 20% is given for each year of mining, and the bonus for LPB caps at 200% of your Principal amount.

Bigger Pays Better (BPB)

Increasing your Principal amount earns you more Yield. Burning a Principal amount of 75,000,000 HEX earns you a bonus of 5% on your Yield, and the bonus for BPB caps at 10% for 150,000,000 HEX burned. .

Effective HEX

Effective HEX is the summation of your Principal + Bonuses, and it is divided by the current T-Share rate of 38,175.7 to calculate your T-Shares. Increasing the length of your mining contract (Longer Pays Better) + Principal amount (Bigger Pays Better) secures more T-Shares and consequently increases your APY.

Principal

The Principal is the amount of HEX that you burn to execute the mining contract. This amount is re-minted when you end the mining contract after it reaches maturity.

Yield

Yield is the amount of HEX that you receive as reward when you end the mining contract once it reaches maturity. Note that this calculation does not include additional yield that may be received from mining contracts that are terminated early/late by other miners.

T-Shares

1 T-Share = 1 Trillion Shares. Shares are your virtual miners, and securing more of them helps to increase your share of earnings taken from the total distribution of daily payouts. In other words, the more Shares you secure, the more HEX you earn each day that will go towards your Yield.