This will make HEX a zero carbon cryptocurrency. This amounts to 180 tons a year which would cost $2250 to offset by community tree planting. There are approx 1000 HEX transactions a day through Ethereum, each transaction costs approximately 1KWh which is approx 1 lb of carbon emissions. The genius in Hex comes from the way it is able to ensure price appreciation, this is achieved by stakers locking up the supply which takes it off the market creating scarcity and then being designed to have an ever increasing share rate, costing ever more Hex to achieve the same amount of shares, this action forces the price of Hex to increase, which enables a state of Supercompounding to be achieved. Hex is able to achieve Supercompounding by providing those who lock up or stake the asset, high rates of interest, which is then multiplied by price appreciation.
Many assets have attempted Supercompounding over time but all have failed due to not being able to ensure price appreciation, apart from one which is the cryptocurrency time deposit called HEX.
For example, high interest multiplied by price appreciation. Supercompounding is the effect on an asset by two dimensional growth.
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