Communis

Communis: Tokenized Shares for Long-Term HEX Stakers

Communis is an ERC20 token on the Ethereum and PulseChain networks, designed to incentivize better staking practices among HEX stakers. By rewarding long-term stakers who fulfill their staking commitments, Communis aims to cultivate positive staking habits within the community.

Key Features

Incentive for Better Staking

• HEX Staker Rewards: Distributed exclusively to HEX stakers with active stakes.
• Minting Based on Shares: The amount of Communis minted is directly related to the number of shares from HEX stakes and the staking duration.

Distribution Methods

Communis tokens are introduced through five distinct methods:

• Start Bonus: Reward for initiating a new stake.
• End Bonus: Reward for successfully completing a stake.
• Good Accounting Bonus: Reward for maintaining accurate stake records.
• Restake Bonus: Incentive for restaking HEX.
• Staking Communis Bonus: Additional rewards for staking Communis tokens.

Commitment to Long-Term Stakers

• Exclusive Minting: Only long-term stakers who fulfill their commitments can mint Communis.
• Provable Ownership: Minting is restricted to stakes with provable ownership.

Benefits of Communis

• Positive Staking Habits: Encourages HEX stakers to maintain and fulfill their staking commitments, fostering a healthier staking ecosystem.
• Reflective Influence: A staker's influence in the Communis ecosystem is directly tied to the number of HEX shares and the staking duration.
• Read-Only Token: Communis remains a read-only token, avoiding the complexities of wrapping or encapsulating stakes.
• No Admin Keys: Ensures decentralization and security with no admin keys or additional Origin Address.
• No Extra Bonuses: No preferential treatment with found-me-first bonuses, ensuring fairness.

How It Works

Token Minting

• Staking Requirements: Communis can only be minted for HEX stakes with verifiable ownership.
• Bonuses: Active HEX stakes can qualify for various bonuses, promoting continued engagement and accurate staking practices.

Conclusion

Communis is a unique token on the Ethereum and PulseChain networks, designed to incentivize long-term HEX staking and instill positive staking habits within the community. By rewarding stakers through multiple bonus methods and ensuring fair and decentralized token distribution, Communis enhances the staking experience and contributes to a more robust and committed HEX staking ecosystem.

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