How Actuator Works

Actuator only mints against one kind of stake: an HSI (HEX Stake Instance — a portable HEX stake), a HEX stake wrapped in its own contract — a design from the Hedron protocol — so the whole position can move: transferable, borrowable-against, usable in other protocols.  If a native stake is a sword in the rock, an HSI is that sword in a sealed envelope you can hand around.

Two ways in: stake through Actuator — created as an HSI from the start — or bring an HSI you already own (a plain native stake can't be converted; HSIs are born, not wrapped).  You then delegate the HSI to the Actuator protocol — both ways are covered in Manual Ch. 3.

Once delegated, you can mint HTTs against the principal and accrued value inside your stake — each a claim on exactly 1 HEX on a set future day.

• HTTs are fungible PRC-20 tokens grouped by maturity date.  Series are named by HEX day number — HTT-3000 redeems on HEX day 3000 (Feb 2028); today is day 2495.
• You pick the maturity date when you mint (any future day where your stake has sufficient value); the docs recommend a day on or after your stake's end date — most match the two, or pick a nearby day with a liquid pool.
• Minting charges a 1% fee, paid in HTT, to those who vaulted ACTR against that maturity date — the full flow, with checkpoints and warnings, is Manual Ch. 6.

Now you hold liquid tokens, each redeemable for 1 HEX at maturity.  Your choices:

• Sell them on the market — immediately tradable, but into small pools, so size matters (see Caveats).  The real cost of unlocking cash this way is not the 1% mint fee but the market discount: the buyer’s yield is the seller’s price.
• Provide HTT/HEX liquidity on PulseX and deposit the LP tokens into the matching farm to earn ACTR rewards.
• Simply hold until maturity.

Farm line-ups rotate on a fixed schedule — the shortest-dated farm retires and a new longest-dated one begins; current rates are on the app's Farms page at app.actuator.finance.  Farming and vaulting are different mechanisms, easy to confuse — the Manual covers both, with sources: farming (Ch. 10) and vaults (Ch. 11).

Redemption opens once two things happen: the maturity day arrives and the underlying stake is ended.  Then:

• Any holder can redeem — exactly 1 HTT = 1 HEX, with no deadline: the right never expires, and once the backing stakes are ended the redemption HEX waits without decaying.  The 14-day grace window belongs to ending the stakes, and the next bullet is why that reliably happens.
• You don't depend on the original staker: after a 3-day grace, an escalating share of the stake's final rewards goes to whoever ends it — so someone always will.
• The original staker keeps any yield that wasn't minted against, provided the stake is ended on time.

Every HTT is backed by delegated stake value from mint until the backing stakes are ended and their HEX moves into the redemption pool — Manual Ch. 4 explains the backing mechanics, with citations.