Helena Financial (HELENA) is an Auto-Compounding DeFi 3.0 protocol running on the Binance Smart Chain (BSC) network.
Using a positive rebase formula, Helena Financial enables token distributions to be paid out in proportion to the rebase epoch reward every 15 minutes. It is based on the total number of HELENA tokens stored in the crypto wallets of their holders.
To know more about this cryptocurrency asset, check out the reviews in the following article.
What is Helena Financial (HELENA)?
Helena Financial (HELENA) is an Auto-Compounding DeFi 3.0 protocol running on the Binance Smart Chain (BSC) network. This protocol is positioned to redefine the DeFi space with new and improved AutoStaking and AutoCompounding mechanisms. This protocol seeks to provide an alternative monetary convention that simplifies the staking process, maximizing the stable returns that holders of HELENA tokens receive.
Helena leverages a complex set of elements to help manage costs and reduce rewards. they also use gaming hypotheses and human instincts to decide what outcome they are most likely to get when they decide to buy tokens. The Nemesis team carefully decided to integrate these components to work consistently on the backend to ensure a “basic and beautiful stacking and reward framework” for HELENA token holders.
Advantages of Helena Financial
The following are some of the advantages offered by this protocol to its users, including:
- Auto Staking and Compounding
- Highest APY “DAO Governed” In BSC
- Ultra Fast Rebase
- The Hellenic Trust Fund or The Hellenic Trust Fund
- Bond Auction
- Random Golden Epochs
- Impulsive Supply Control
- Nemesis Network dAPP Integration and Revenue Stream
What’s Unique About Helena Financial?
HELENA AutoStakes and AutoCompounds, right in your wallet. Thus, buying HELENA removes a compelling reason to move your tokens from your wallet. The tokens you receive are instantly staked and set up for rebase rewards. Helena Financial provides reasonable returns to HELENA holders. APY will be adjusted according to the DAO proposal after the Event Period ends. Also, after The Genesis Month ends, Golden Epochs will start randomly appearing, increasing the reward of the next epoch by 100%.
Helena will soon introduce a DAO governance module to maintain sustainability and future growth. APY will be adjusted for the first 45 days after launch according to the Event Period.
Helena Financial leverages a “Positive Rebase” formula that increases token supply, enabling $HELENA holders to continue to grow their tokens similar to traditional staking protocols. However, using token rebasing eliminates the need to approve and traditionally stake your tokens. Using a positive rebase formula, Helena Financial allows token distributions to be paid out in proportion to the rebase epoch reward every 15 minutes. It is based on the total number of HELENA tokens stored in your wallet. Thus, the rebase reward is distributed in every epoch (15 minutes rebase period) to all HELENA holders
Unlike previous staking protocols which distribute rebasing rewards every 8 hours, Helena Financial pays out rebase rewards every 15 minutes – 96 times daily – making it one of the fastest AutoStaking protocols in the crypto space.
Helena Financial is proud to introduce the concept of Auction Bonding to the crypto space. While the Auction Round will help deflate parent platform tokens, this new bond approach will also be another source of revenue for the Hellenic Trust Fund.
A very interesting highlight of Helena Financial is the programmatic symbolic consumption framework known as Impulsive Supply Control. This prevents supply flows from wild fluctuations that throw them out of control.
The core requirement of any tokenization model is to create ‘use cases’, i.e., everyday utility in the real world. In this regard, Helena will host a series of fun theoretical games within the eagerly awaited Helena NFT Zone and Helena Club House.
What is the HELENA Token?
HELENA is the main utility token of the BEP-20 type used in the Helena Finance ecosystem. The holders of these tokens will get passive income automatically which goes into their crypto wallet every 15 minutes. In addition, this token is also used as a fee token for buying and selling in the Helena Financial ecosystem.
They provide the modalities to perform the protocol’s essential functions. While the DeFi 2.0 protocol only uses bond sales to support related functions, it also uses trading fees and bond auctions.
Transaction fees (13% for purchases and 19% for sales) allow the protocol to provide $HELENA holders with stable high yields of up to 1,000,365% APY.
For the total supply, this token has an initial supply of 500,000 HELENA tokens.
How much does HELENA Token cost?
At the time of writing, the price of the HELENA token was $8.67 USD with a 24-hour trading volume of $222,529 USD. In the cryptocurrency ranking list on the CoinMarketCap site, Helena Financial (HELENA) is at 3937.
Hopefully this article can be useful and become new knowledge for those of you who are in the world of cryptocurrency investment.