Hex Just Went Deflationary for the First Time Ever!

Added: 2026-05-11

[00:00:00]What's up, guys? This is Jake from Hex Stake Play. I know it's been a minute, so I'm glad I could finally jump back on and and record a video on my thoughts of everything going on in the general broader markets and Hex specifically because I think Hex is setting up for a very, very bullish move in the near future. How near? I don't know. But I think everything that has transpired over the last few years has set Hex up to do some amazing moves. And that's kind of what I want to discuss here today. So with that, let's dive right into it.

[00:00:40]Uh, so I kind of wanted to start off by saying that we all know from a year ago the OA had staked pretty much all of its supply that we know of, right? So that essentially took the T-share payouts from what was it seven that we were getting? It might have been a little over. might have it was right right around seven I believe all the way down to what it is currently at is uh 1.58 hex per t-share payouts on average daily. So essentially that's um that's the equivalent of two Bitcoin havings.

[00:01:26]Why is that a big deal? Well, as the title describes, Hex has just went deflationary for the first time ever, I believe. And if you've been following certain accounts on X, like Ben Sierra, Krispy Man's another good one. But those are two of the more datadriven people to follow on X. But Ben Sierra specifically was tracking the data and it has shown that more hex is being staked out than coming out as inflation.

[00:02:01]So that what that's doing is with all the hex that's currently staked right now, we're sitting at 48 to 50 billion uh circulating supply. I don't know the exact number, but it's showing it's tracking that no that there's actually been a drop for net users. Now, I'm not talking about the OA. I'm talking about the net users staking. It's showing that there's been a slight drop. It's actually trending down. And I don't think we've ever had that before. I don't think in the six-year existence of Hex has that ever been the case. So that has me pretty excited and has me bullish because if you really think about it, if there's more hex being staked than coming out from ending stakes and inflation coming onto the market, that's priming everything up for for what I believe a moonshot. [snorts] So Hex, as we all know, it's not the token itself that's important. It's the system. The Hex system is extremely brilliant. It's genius. It's it's there's nothing else on the market that's like it. So the fact that we are trending down in circulating supply when we're in a bare market shows there's still the o what what the OA essentially did. It it staked enough hex to the point where the users that are still using the system are staking more than what the inflation is coming out. So that to me is setting everything up for like rocket fuel.

[00:03:57]So what makes this an even bigger deal in my personal opinion is that if you look at the uh if you look at the t-share rate, let's move this down here. You can see that both on Ethereum and PulseChain the T-share rates over 45,000.

[00:04:25]So, if you think about it, if the market reverses and sentiment flips and there's already more dedicated stakers that are outpacing the inflation in our current environment as we speak right now, what happens if people want to stake more when the price is going up and it also costs 45,238 hex?

[00:04:54]to get a t-share.

[00:04:57]You realize that this supply can drain really fast. Like as you see right here, the payout is 1.58. I think that is our pretty much our base 1.56 on Ethereum.

[00:05:12]But what would that do to the price when we look at we we all know how much or how little amount of money it takes to move Hex and there's no other not even outside of crypto there's no financial instrument period where you can lock your capital up for 15 years and if you think about it. Hex incorporates all the major fundamental investing principles. Time in the market beats timing the market. The impatient, pay the patient, delaying gratification.

[00:05:57]These fundamentals are all wrapped up in hex. So there's no reason to not be a chemia. If you really believe in hex, you are not going to ever get prices like this ever again. Like the supply is going to drain. Like that's that's where we're at, guys. Like [clears throat] there's what over 320 million hex in the pools.

[00:06:26]I did the math. Oh, we I use [clears throat] Pampy and you got like you have to remember that in a bull market sure will there be sell pressure. Yeah, absolutely.

[00:06:41]But that also creates FOMO.

[00:06:44]So when people do these estimates on Pampy and they put like 90% sell pressure, I don't think that's accurate.

[00:06:51]I think you need to lower the sell pressure to more like 70%. Because there's going to be FOMO buys. There's going to be people that are holding liquid HEX that like, hey, Hex is moving. Maybe this thing isn't dead. Let me lock my coins up and they might make a staking ladder or they might stake long term.

[00:07:11]So, you don't know exactly what's going to happen, but I think 70% is more of a realistic number to put it at. I wouldn't put it at 40% sell pressure. I wouldn't put it at 90% sell pressure. I think somewhere in the middle is what you'll see. and about $15 million [snorts] going into HEX with 70% sell pressure gives it 127x that puts it at over 17.

[00:07:36]And what does that do? Well, now you're looking at almost $8,000 for a T-share.

[00:07:44]Let me say that again.

[00:07:47]$8,000 for one T-share.

[00:07:51]like and that's that's the reason why I keep I continually stack t-shares because they're so cheap right now that even locking a t-share up once a month or once a quarter or I mean throwing something out there to lock that value in and continue to print hex every day for 15 years to me that's invaluable like there's nothing else on the market [clears throat] where I can do that and feel safe knowing that I'm actually in a real DeFi product. Six years running, flawless security, contract works as it should, and I just print hex every day. I mean, I think we're in a really good spot.

[00:08:44]I think with the inflation cuts and and the uh the macro environment that's set up. I see I I'm going to go out on a limb and say that we're in a we're not in a bare market. I I don't think Bitcoin's in a bare market.

[00:09:07]And why do I say that? Well, one, I think the timing of this this cycle was off due to liquidity.

[00:09:18]Two, retail never came in.

[00:09:22]Three, because retail never came in, there wasn't really a blowoff top.

[00:09:29]So, if you look, I mean, everyone that's I I'm I tend to be more of a contrarian.

[00:09:37]So, I am I see what other people post and I a lot of times I feel like the opposite's true.

[00:09:48]And you might see a lot of people saying bullish things or bearish things, but what you really want to look at is what are the big accounts saying? I don't care what Mr. 300 followers is saying.

[00:10:04]I mean, even if they might be right, that's not what I mean. What I'm saying is when it when it's like 70% of all the big influencers, they all seem kind of bearish, which tells me like think about this too.

[00:10:23]Here's another key difference because we all know every time Bitcoin has a having, right?

[00:10:29]If if the supply the inflation in Bitcoin get cut in half every four years from the miners, we do we realize that I think it's only 450 Bitcoin are being created a day.

[00:10:43]I'm not 100% sure on that. But that's less sell pressure than in previous bare markets in combination with institutional money being pouring institutional money pouring in and somehow people think we're going to have a 70 to 80% drop.

[00:11:04]I I just don't see it. I don't see I think we could come back and retest 60,000. Maybe that could be a possibility, but I think 60 was the bottom. It just makes sense to me. You know, when you hear every other day about Michael Sailor buying godly amounts of Bitcoin and Black Rockck and all these ETFs, you you don't I don't see how you can get a 70% part price drop.

[00:11:40]doesn't make sense. It dropped from 53% I believe. Like Bitcoin now is a heavier asset.

[00:11:48]So there's only 450 Bitcoin being mined today. So in the 2022 bare market, you realize that there was double that, 900 Bitcoin being mined per day that could be dumped. So you cut that in half and institutions are here.

[00:12:08]I think, you know, you got nation states buying, you got companies buying. I don't think I just I I don't really see how we're going to go to 40,000. I I mean, if it does, I guess I'll be completely wrong and I'll have to admit it, but like I think 60 was the low.

[00:12:28][snorts] I think all coins are going to run and I think Hex is primed to be one of the big winners. Again, if you think about it, if Hex has a circulating supply of around 48 billion tokens, that's not very much, right? So, that's one of the cool dynamics of Hex is that when people buy the tokens, yeah, that increases the market cap, right?

[00:12:57]But then when they stake the tokens, they burn it out of the circulating supply to lower the market cap. So Hex can go to extremely high prices with a lagging market cap. See, this is what people there this is what see Hex has so many moving dynamics that if you're not hip to everything or you're not you didn't fully dive in the system, you you might overlook certain things.

[00:13:25]But the fact of the matter is, which the topic of the video was, Hex has went deflationary for the first time ever.

[00:13:32]The OA staked so many coins that the people left using the system are now staking more coins than inflation is coming out. So to me, that's pretty huge. The liquidity is thinned out.

[00:13:51]We still have content creators creating.

[00:13:53]I think there's a lot to look forward to and the fact that people are sleeping on Hex. Oh, here's another thing is like if you look at the chart, I mean, we're pretty much in an accumulation phase, but I think we're getting towards the end of that accumulation phase on top of, you know, I don't know how long. See, Hex Hex could flip back to inflationary again.

[00:14:18]Like, this is this is uh uncharted territory for us. We've never seen this before in Hex and I think it's setting itself up for some explosive. Hex is extremely undervalued. You know, [clears throat] I I agree with Johnny Chaos 100% when he says the price of Hex is only at the levels it's at because people don't understand what they're holding.

[00:14:48]when you understand that t-shirt rate never goes down and that like now that we've seen the fact that you're seeing that hex can go deflationary that should uh that should uh that should make you see things a little differently now because the fact that you can get these coins as cheap as you can right now that's probably not always going to be the case because Hex is designed to move. It's designed to pump and it's designed to do everything that it was created to do.

[00:15:27][snorts] I mean, it did a 10,000X once before.

[00:15:32]And the way the system's designed, I wouldn't be surprised if it could do it again. And you guys have an opportunity to collect to to collect the coins that other people are willing to give up and get yourself positions, get them locked in and enjoy the ride. So again, Hex for the very first time has went deflationary, guys. That's pretty big news. I think that needs to be talked about. I think people need to be talking more about the tokconomics of Hex and where we could eventually go. When people do all these crazy price predictions, to me, they're not crazy.

[00:16:17]That's why we're in crypto. We wouldn't be here if we didn't think prices could go to stupid high levels. I mean, if you listen to most of the Hex OGs when they got into Hex, they didn't think Hex could even hit a penny.

[00:16:31]And where'd we go? 55.

[00:16:35]I mean, now you got people thinking Hex can't hit a dollar. Where are we going to go? You know, use your imagination. I don't like the fact that you have a a token that has a limited supply that can be bought off the market and locked up for 5,555 days. tells me we have an instrument here that there's nothing else like it in crypto or traditional finance. There's so many of the best investing principles wrapped up into one token that we get to buy that other people are not appreciating right now and we get to have it for ourselves. I think that's very powerful.

[00:17:22]I think if you lock in, stay focused.

[00:17:26]I mean, not everyone gets to win, guys, but if you stay consistent, you stay dedicated, and you stay disciplined, you're gonna you could potentially set yourself up for life-changing gains. And with that, I'm going to end the video, you guys. I'll see you in the next one.