Platform FAQ's

What Is Helix.Finance?

Helix is a multi-chain automated market making decentralized exchange and yield swap protocol, powered by the HELIX governance token. Initially deployed on Ethereum, the platform will eventually connect users with various other DeFi-focused networks, allowing for the exploration of potential opportunities.

What Are The Initial Functionalities Of Helix.Finance?

The core features of Helix initially are swaps, yield farming, staking pools accessed with HELIX, staking pools accessed with Geobot NFTs, long term vaults, referrals, and voting. In addition to this, Helix launches with yield and LP swaps available from day zero, allowing users of the platform to engage in new derivative swaps, and the underlying assets, which can only be found on Helix. These features will be constantly expanding as we develop new financial tools for users of the platform. Further information on the short-term outlook for Helix, including planned features, can be found in the project roadmap.

What Is The Significance Of Helix Within The Geometry Ecosystem?

Helix is the first protocol in the Geometry ecosystem and therefore plays a substantial role in the initial foundations of the project, creating novel markets for not only trading cryptoassets, but also the yield generated by traditional farming activities.

As more protocols are integrated with Helix, it will remain prominent in the interactions throughout the network and will act as a value-sharing conduit.

Following the launch of the Helix AMM, the project deployed Nexus, a cross-chain NFT bridge, connecting Geobots on Solana, with the other platforms in the ecosystem.

Nexus can be found at https://nexus.helix.finance/

Why Did Helix Launch On Ethereum?

Ethereum was chosen for the initial deployment of the Helix AMM for a number of reasons. Prominent among these is its direct access to a large user-base of DeFi-focused participants, who will benefit from the unique products and proprietary markets the platform has to offer. In addition to this, the high TVL and trade volume found on the network brings exposure to a wider audience of users, including the institutional investors gradually adopting decentralized finance. As part of our long-term aims, Helix will quickly transition to a fully multi-chain protocol, allowing users to gain yield from various networks. More information on the cross-chain plans for Helix can be found on the project roadmap.

Is Helix Safe To Use?

At launch, Helix will be audited by a prominent auditing house to ensure that all code is safe, and in order to mitigate against known vulnerabilities. In addition to this, the Geometry devs are implementing industry-standard security measures and will work closely with security partners moving forward.

Over time we will re-audit Helix's codebase as we bring in new features and in order to further boost the reliability and robustness of the security of the platform.

The final report from the Helix audit can be found here.

Which Wallets Can Be Used On Helix

Initially Helix is functional on Ethereum only and so the wallets which can be used to access the platform are:

  • Metamask

  • Wallet Connect

  • Trust Wallet

and other Ethereum-based wallet apps.

A solana-based wallet is needed to interact with the Geobot multi network bridge. We've provided a guide on setting up the Phantom wallet.

Will Geometry Be Expanding The Helix Features?

The features integrated into Helix at launch are only the beginning and as well as major upgrades, like making Helix cross-chained with other networks, we will be introducing new features and upgrades for Helix progressively over time. More information can be found on the Helix roadmap.

Last updated