Article Summary, Automatically Generated By AI
Summary of Communis
- Communis is an ERC20 token on the Ethereum network.
- Distributed to Hex Stakers as an incentive to stake better.
- Minted based on shares from active stakes.
- Exclusive to long-term stakers who fulfill their staking commitment.
- Influence in Communis reflected by number of shares and days staked.
- Completely read-only, no wrapping or encapsulating stakes.
- Mintable only to stakes with provable ownership.
- No admin keys, Origin Address, or found-me-first bonuses.
Numbers and Figures:
- None mentioned in the text.</li
About Communis: Empowering a Decentralized Future
Communis, an ERC20 token native to the Ethereum network, serves as a reward for Hex stakers who demonstrate exemplary staking practices. Any individual possessing shares from an active stake is eligible to mint their own Communis tokens. Notably, Communis minting is contingent upon the shares derived from one’s stakes, and is exclusively reserved for long-term stakers who fulfill their staking commitments.
Communis is designed to operate in tandem with Hex, fostering a culture of responsible staking within the community. The extent of your influence within Communis is directly correlated to the number of shares you hold, as well as the duration of your stake. This platform is entirely read-only, ensuring transparency and security. Notably, Communis does not permit wrapped stakes or encapsulated stakes. Furthermore, minting is exclusively reserved for stakes whose ownership can be cryptographically proven. The platform is characterized by the absence of administrative keys and supplementary origin addresses, eliminating the possibility of unfair advantages or “first-mover” bonuses.