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REX – A New Kind of Blockchain Investment Optimized to Create Passive Income

Published 08/17/2022, 09:00 AM
Updated 08/17/2022, 09:32 AM
REX – A New Kind of Blockchain Investment Optimized to Create Passive Income

Time-based investments and bonding financial tools have been around for many years in the Traditional Finance (TradFi) world and have recently made their way onto blockchains, replacing centralized banking institutions with decentralized code-based protocols. These new technologies invite innovations in the financial models, making additional features and flexibility possible for the first time.

REX is a decentralized blockchain-based cryptocurrency utilizing smart contracts to provide highly rewarding and flexible time-based investments and bonding financial tools. Specifically, REX smart contracts provide a native investment option, called “staking”: locking up tokens for a period of time to gain rewards. This is comparable to a time deposit or certificate of deposit (CD) in traditional finance, but with more flexibility and greater possible gains.

In crypto speech, REX is a staking token, so participants buy REX and stake it over time to earn more REX. The additional REX earned by stakers comes from new REX that is minted each day, causing the REX supply to increase, or inflate, over time. The REX token supply inflates by 12.9% per year. This inflation is created by the contract and distributed to the stakers.

Staking tokens are not new to Decentralized Finance. Tokens with basic staking functionality exist already, like the cryptocurrency HEX that reached a Market Cap of more than $50 Billion and proved staking a valuable investment option.

Compared to such basic staking tokens, REX smart contracts offer advanced and extended staking functions – unprecedented in Decentralized Finance – which makes managing stakes much easier, more flexible and – for the first time – fully decentralized.

For example, in REX it’s possible to name stakes (to keep track of their purpose), split stakes (for instance, in a divorce), transfer an active stake to another address (for example, as a gift) and even withdraw already-earned staking rewards while a stake is active (instead of having to emergency-end it early). The user may also choose to create a stake as revocable (the stake can be ended early and the user can withdraw staking rewards before maturity) or irrevocable (the stake can’t be ended early and the user can’t withdraw staking rewards before maturity) to increase its Annual Percentage Rate (APR).

REX has also introduced the concept of booster tokens, TREX and MREX, that allow users to increase their APR – up to 50%.

Another example of innovation in REX is a new native decentralized exchange (DEX) for active stakes; a user may buy and sell active stakes on this built-in exchange without using any third-party or middlemen – a first in the Decentralized Finance (DeFi) space. This makes a REX STAKE itself a cryptocurrency, opening new possibilities for its users and maybe serving as a role model in DeFi.

To ensure a top-level of long-term safety for its users, REX smart contracts have been triple-audited by industry leading auditing companies, including CertiK and Solidity.Finance.

Visit rex.io to learn more or use it as a starting point for further investigation.

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Latest comments

Attention !! If you’re here to learn about Rex , you may find the statement made by RPC III in his statement he claims that Rex 1 was rug pulled. This is a blatant false statement! There was an exploit found in Rex 1, this exploit could not be fixed because the contract is immutable and could not be changed. The typical response to something like this sadly in the crypto space projects will abandon investors.. but the owners of Rex took the highroad. Created Rex 2 . Re-wrote the code,, and once finished, had 2 separate audits by major auditing companies, had the code hackathon tested for a total of three audits, as well as a handful of community test nets , destroy the admin keys there was no presale of tokens or team tokens distributed. All of this was done to ensure that the Rex community and the crypto community at large would have a safe place to invest their money. And let’s not forget to mention Rex 1 compensated all investors to make up for there losses.
Rex is second to none when it come to the slick interface. Stake and wait. It will make me rich and it’s that simple.
Rex has changed the game of what it means to stake and wait. Stacking interest has never been this easy and the interface is the slickest.
REX is the best DeFi project Currently . are you a trader and you are tired/sick of losing your trades? visit Rex.io now stake and Relax as it earning passive interest (Stake and go to the beach). You are early (low market cap, hardworking Devs with a great community). Join REX and become a future millionaire!
The first iteration had an inflation bug that wasn’t sustainable and was not healthy for the future of the project in REX Classic. The team recognized this and decided to go back to the drawing board and address the problems with a far more sustainable plan for the future success of the protocol. They didn’t give up, they didn’t run… they got to work on REX 2.0 and it's working "flawlessly".
Here’s what REX did: 1.  Compensated holders from v1 (REX Classic).. anyone and everyone that incurred losses. Holders from v1 that were eligible even got to claim from the REX Classic BUSD Treasury if they never won a Big Pay Day (BPD) as long as they were eligible too. Another point of reference that is proof they didn’t abandon anyone. 2.  Put in a TON of work to the tune of involving over 90+ people to rebuild REX. 3.  Employed an incredible amount of testnets (13 of them.. YES.. that’s “not” a typo) that “no one” in any project does or is “rarely ever seen in other projects” to ensure the flawless functionality of the protocol. 4.  Sought out high quality audits from reputable companies known quite well in this space. 5.  Hackathon to further ensure safety and completeness of the code. 6.  Went through “months” of development.. time and hours invested that we can’t even imagine that went into rolling the REX protocol out.
I have been a REX investor since version 1. Version 1 had a sustainability issue which required a version 2. The team went above and beyond to create something special and they even developed a compensation plan for anyone that had a loss with version 1. That is simply unheard of in crypto and it's a reason I fully trust the team and can't wait to see where they go with this project. The community is good and it's early. Triple audited, scanning by CertiK Skynet are further proof REX is here to stay. Definitely check it out.
The world needs Rex to become self sufficient. Pension Saving and investing in TradFi? In a Bank? So old.. Time is Money! Laddering my Rex Stakes And Reaping the fresh passive income of my Time.
Having been in REX for over a year it is awesome to see how this protocol, community, and team has progressed✅ Props to all the hard work put into this amazing project💯
Rex is safe, secure, and reliable. 3 audits, several testnets, and a hackathon before even thinking about publishing. It was been tested to flawlessness. There's no safer spot for my money to be, the best CD in the BSC, maybe even all of crypto. Stable inflation, no admin keys, immutable. Rex will forever be a staple in the history for crypto!
Rex has had no rugpull that is absolutely false.  This is clearly a Hex maxi that wants to create fear and doubt in any other staking protocol that can compete with Hex. Rex has been 3X audited and has NO ADMIN KEYS. Hex has no native Dex so you can't sell your stakes, Rex does and allows you to sell your stakes. You can't split or scrape your Hex stakes, you can Split and stake your Rex stakes! Hex's shares are incredible expensie now, Hex is all whaled up right now!  Anyone going in now is exit liquidity for Hex whales that have huge T shares and are constantly dumping on people. There are MANY Hexicans in Rex right now and they now it can do 10000X faster than Hex.
Claimed to be immutable but rug pulled first time. Hard to invest lonterm when inventer can come back later and change. Will see this time. Hex is the only real immutable time lock investment that has proven itself. Good luck this time REX we need more in this digital asset space.
Basically not a rug :)
Absolutely untrue!!! I’m assuming this is what someone in your sewing circle ,or circle of maximalists, told you. People like you that spew on truths are toxic to the crypto space. Show that you’re a man and have a little self-respect to retract your untrue statement..Thanks! we can all coexist in the space! The goal for hex , Rex and some other projects, is to create a safe place for people to invest their money..
Absolutely false and reported.  There was no rugpull involved.  This is clearly a Hex maxi that wants to create fear and doubt in any other staking protocol that can compete with Hex.  Hex has no native Dex - Rex does Hex's shares are incredible expensiven now!  Hex is all whaled up right now!  Anyone going in now is exit liquidity for Hex whales that have huge T shares and are constantly dumping on people. There are MANY Hexicans in Rex right now and they now it can do 10000X faster than Hex.
What the article has not revealed: REX token creation is mainly managed via daily auctions. Each day a specified allocation of REX tokens is minted. Starting on REX Day 1, users may bid BUSD to receive a portion of the daily REX allocation. There are 222 auction days. REX received from auctions can be claimed as a REX stake or as liquid REX. Special feature: When claiming REX from an auction participation as a stake, the user will be eligible for Random Personal Big Pay Days. This feature was invented by REX to incentivize auction participation and was a popular feature in the old REX protocol. Every 24 hours a random generator distributes 75% of the BUSD received from auction back to eligible addresses. If an address gets hit, the contract tries to give that address all invested BUSD back, then the contract continues with the next eligible address, and so on, until the "Random-BUSD-pool" is empty. Remaining eligible means an address can be hit every day, again and again.
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