Genius — The HEX Killer

Certificates of Deposit (CDs) have long been a safe investment choice, but it comes at the cost of a low return compared to other investments. Moreover, as money sits in a CD, more is printed, and inflation occurs, reducing the value of the stored cash. HEX changed the game by becoming the first high-yield blockchain CD and monetizing the time value of money. Now Genius is looking to take things even further, poised to dethrone HEX by delivering even higher performance.

The core of Genius lies in its immutable code, the fact that it has no exploitable admin key, and how it relies on independent 3rd party audits for reliable security. But that is only part of what makes it unique.

Genius came about from a question the founder, Robert Genito, pondered since around 2015. He wondered whether digital money would allow someone to program an international store of value.

Robert even tried to make suggestions and updates to Bitcoin in the early days, but he found the process “exhausting, gate kept, and damn near impossible.”

“Sure, Bitcoin ended up settling on this due to market equilibrium, but could you design a token that did this from the ground up? And could you do it on a 1st layer like Ethereum that I believe is the future of this space?” said Robert.

Robert went on to mention Hex and Uniswap as “heroes” of the downward trend and expressed his respect for what Hex accomplished, saying, “We’re all big fans of Hex on the project. I personally am a Hexican and even coined the phrase #Hexflex. I love what Hex did and have tremendous respect for Richard Heart.”

However, Robert and Genius are looking to surpass their predecessors. In his words, “We hope our own tool with its massive underlying differences and new features are similarly welcomed to the market. Based on our simulations we believe we’re going to be very successful.”

But what underlying differences and features make Genius unique?

It starts with Genius’s native multi-chain support, which includes Ethereum (ETH), Binance Smart Contract (BSC), and PulseChain (PLS). Moreover, it offers users the ability to break away from the contract if things go wrong, providing more control.

Genius also took a fair approach to initial distribution by allowing anyone to receive it through the Genius Sacrifice. Other initial token distributions are not always equal, including HEX, which catered to big Bitcoin spenders.

But one of the largest differences is how Genius protects its users. Aside from 3rd party auditing, Genius’s “Origin Address” has the ability to be changed by an “Origin Grantor.” Because of that, it is less vulnerable to a wrench attack compared to HEX.

Then comes some interesting user-centric features, including a hybrid staking model that allows users to protect their principle and offers valuable transparency not found with HEX. Furthermore, with Genius, users always have liquidity options available.

Genius also implements several systems to protect prices, such as revolving stakes at least three times longer than those found on the HEX market to protect against whale dumping. Scaling “early end” fees are used as well, preventing early end abuse.

The level of thought for users is obvious with Genius, but so is the potential for high performance and profit.

Gas fees that are up to 95% lower than HEX are one example. The lower fees are partly due to bots and blockchain miners and the incentives in place that result in the lower end user gas fees.

Most importantly, the differences and features lead to a single result: a better payout. Not only are Genius share prices designed to rise daily, but it provides users with more rewards and a better payout than HEX.

While that is only the tip of the iceberg in what makes Genius unique, it has clearly taken what makes HEX great and improved upon it. The future of blockchain CDs is brighter than ever.