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\frac{1}{2}\left(4x^{2}+2x+\frac{1}{4}\right)-2\left(2x-\frac{1}{2}\right)^{2}
Use binomial theorem \left(a+b\right)^{2}=a^{2}+2ab+b^{2} to expand \left(2x+\frac{1}{2}\right)^{2}.
2x^{2}+x+\frac{1}{8}-2\left(2x-\frac{1}{2}\right)^{2}
Use the distributive property to multiply \frac{1}{2} by 4x^{2}+2x+\frac{1}{4}.
2x^{2}+x+\frac{1}{8}-2\left(4x^{2}-2x+\frac{1}{4}\right)
Use binomial theorem \left(a-b\right)^{2}=a^{2}-2ab+b^{2} to expand \left(2x-\frac{1}{2}\right)^{2}.
2x^{2}+x+\frac{1}{8}-8x^{2}+4x-\frac{1}{2}
Use the distributive property to multiply -2 by 4x^{2}-2x+\frac{1}{4}.
-6x^{2}+x+\frac{1}{8}+4x-\frac{1}{2}
Combine 2x^{2} and -8x^{2} to get -6x^{2}.
-6x^{2}+5x+\frac{1}{8}-\frac{1}{2}
Combine x and 4x to get 5x.
-6x^{2}+5x-\frac{3}{8}
Subtract \frac{1}{2} from \frac{1}{8} to get -\frac{3}{8}.
\frac{1}{2}\left(4x^{2}+2x+\frac{1}{4}\right)-2\left(2x-\frac{1}{2}\right)^{2}
Use binomial theorem \left(a+b\right)^{2}=a^{2}+2ab+b^{2} to expand \left(2x+\frac{1}{2}\right)^{2}.
2x^{2}+x+\frac{1}{8}-2\left(2x-\frac{1}{2}\right)^{2}
Use the distributive property to multiply \frac{1}{2} by 4x^{2}+2x+\frac{1}{4}.
2x^{2}+x+\frac{1}{8}-2\left(4x^{2}-2x+\frac{1}{4}\right)
Use binomial theorem \left(a-b\right)^{2}=a^{2}-2ab+b^{2} to expand \left(2x-\frac{1}{2}\right)^{2}.
2x^{2}+x+\frac{1}{8}-8x^{2}+4x-\frac{1}{2}
Use the distributive property to multiply -2 by 4x^{2}-2x+\frac{1}{4}.
-6x^{2}+x+\frac{1}{8}+4x-\frac{1}{2}
Combine 2x^{2} and -8x^{2} to get -6x^{2}.
-6x^{2}+5x+\frac{1}{8}-\frac{1}{2}
Combine x and 4x to get 5x.
-6x^{2}+5x-\frac{3}{8}
Subtract \frac{1}{2} from \frac{1}{8} to get -\frac{3}{8}.