HEX Time Tokens (HTT) explained

HEX Time Tokens are claims on HEX at a set date. A HEX staker makes them from a locked stake, through a tool on PulseChain called Actuator. PlsLens lists every HTT day with its date, pool price and pot, read from the chain.

What is an HTT token?

• Actuator holds HEX stakes inside Hedron stake contracts.
• A staker can then make HTTs against the HEX the stake will unlock. The stake stays locked.
• The staker can sell the HTTs now, long before the stake ends.
• All HTTs with the same number are the same token, whatever stake is behind them.

What does the number in HTT-3000 mean?

The number is a HEX day. One HTT-3000 can be swapped for 1 HEX from 18 February 2028.

Most HEX apps count days from 1. The HEX contract counts from 0, so it calls the same day 2999. PlsLens always shows the date next to the number.

Why do HTTs trade below 1 HEX?

HEX later is worth less than HEX now. So an HTT with a later date usually trades further below 1 HEX.

• Pool price = HEX ÷ HTT in the deeper PulseX pool. It is a spot price, not a quote for a trade.
• Below 1 HEX = 1 − pool price. A plain difference, not a recommendation.
• Pools under $1,000 show no price.

How are HTT swaps paid?

• On or after the date, any wallet can end the stakes behind a token.
• Their HEX fills a pot for that HTT day.
• Holders swap HTTs for HEX from the pot, 1 for 1.
• When a stake ends, a late-ending fee is paid first (if any), then the pot, then the staker gets the rest.
• An empty pot before the date is normal.

What are the risks of HEX Time Tokens?

• The pot only fills when the stakes behind a token are ended.
• Stakes not ended within 14 days of their end start to lose HEX to HEX's late penalty. Then the pot can fall short.
• Swaps are first come, first served.
• Pools are small. A big trade moves the price a lot.
• An HTT follows the HEX price.
• Code can have bugs, even after audits (Dedaub, SourceHat).

Are there fees?

1% of new HTTs goes to wallets that locked ACTR (Actuator's own token) for that day. There is no fee if nobody locked ACTR for that day.

What does the PlsLens HTT page show?

• Every HTT day: due date, days left, price in HEX, below 1 HEX, pool liquidity, tokens made and HEX in the pot.
• Filters: Has a pool, Not yet due, Due.
• A wallet lookup for HTTs held and stakes held by Actuator.
• Only tokens that the Actuator manager contract lists get "Address confirmed". Anyone can make a token named HTT-3000.