HEX (PulseChain) wallet

What is HEX (PulseChain) (HEX)?

PulseChain launched as a fork that copied Ethereum's state, so every HEX balance that existed at the snapshot appeared on the new chain as well. The result is the awkward fact at the centre of this asset: the HEX contract sits at the same address on both chains, and the two tokens are entirely independent. A balance on one is not a balance on the other, transfers do not cross, and the address you paste looks identical either way.

HEX itself is a time-lock contract. You commit a quantity of tokens for a chosen number of days, and while the stake runs those tokens are not in your wallet at all - the balance leaves, replaced by a stake record held by the contract under your address. At the end you run a second transaction to end the stake and return the tokens. Ending ahead of the chosen date carries a penalty written into the contract, and letting a finished stake sit unended long enough carries one too, so the dates matter more than with most positions. Gas on PulseChain is paid in PLS.

Supported networks in Tangem (1): Pulsechain. Balances are held per network rather than as one HEX figure, and before a signature the app states which chain the transfer is going out on, which is the moment to confirm the recipient is expecting the PulseChain token rather than the Ethereum one. With two chains carrying the same contract address, checking that line is the whole discipline.