HELIX

As the native governance token powering the platform, HELIX allows for much more than trading of ERC-20 tokens, unlocking a range of passive earning opportunities, and permitting holder participation in the governance of the protocol. In addition to this, HELIX enables the rewarding of liquidity providers (LPs) with a share of the exchange revenue, offering a further incentive for the provision of funds on the platform.

The total supply of 1,000,000,000 HELIX will be emitted over the course of 6 years to ensure for a robust, and sustainable tokenomic model.

  • Ticker: HELIX

  • Contract Address: 0x231CC03E6d8b7368eC2aBfAfb5f73D216c8af980

  • Chain: Ethereum

  • MAX Supply: 1,000,000,000

  • Initial Circulating Supply: 7,000,000

Breakdown of Initial Circ. Supply:

  • Pre-Launch Sale: 2,000,000

  • Initial Liquidity: 5,000,000

Governance tokens function in the same way as any other cryptocurrency but allow for holder participation in the decision-making process of the platform.

Fees On Helix

There is a small trading fee of 0.1% applied to each swap/trade on Helix.Finance, this is used to reward liquidity providers and is allocated in its entirety to LP rewards.

Trading Fee: 0.1%

LP Allocation: 0.1% (100% of trading fees)

Yield Swap Fees: 0.45% maker, 0.55% taker

Yield Swap Fee Allocation:

  • Admin Fees: 67% of the fee collected from each swap

  • Geobot Staking Pool: 33% of the fee collected from each swap

Vault Fees: 1.5%

Vault Fee Allocation:

  • Admin Fees: 67% of the collected from vault use

  • Geobot Staking Pool: 33% of the fee collected from vault use

Referrals Fees: Referrers get 5% of trades and farming yield from referred users, 0.5% of this 5% is taken as the referrals fee.

Referrals Fee Allocation:

  • Admin Fees: 50% of the collected from vault use

  • Geobot Staking Pool: 50% of the fee collected from referrals

Utility Of The HELIX Governance Token

There is several forms of utility for the HELIX token from day zero, with additional utility mechanisms being added in future releases.

As the Geometry ecosystem continues to expand into our planned network of integrated protocols, the utility of the Helix token will continue to increase, providing further benefit and use-case to holders, whilst continuing to ensure decentralized governance of the Helix platform.

To see the HELIX token in your wallet, you may need to add the contract address to your token list, which can be done with the "import tokens" tab.

Initial Dex Offering (IDO)

The HELIX IDO VIP tier took place on Friday 22nd April, and the Pre-Launch Sale took place on 16th May.

Between both tiers and the airdrop phase, 2.7% of total supply or 2­7,000,000 HELIX will be allocated. The breakdown of this distribution is:

  • Geobot VIP Sale: 20,000,000 HELIX

  • Pre-Launch Sale: 2,000,000 HELIX

  • Geobot Airdrops: 5,000,000 HELIX

The Allocations will be distributed as follows:

  • Geobot VIP Sale: 20,000,000 HELIX sold at 0.0125 USD each. 50,000 tickets of 400 HELIX were sold for 5 USD each. Per owned Geobot, there was a limit of 10 tickets for 50 USD. After the 24 hours, the remaining tickets would have been released fcfs to Geobot holders until sold out — however this was not necessary as the allocation was sold out within 1.5 hours. This allocation is dispensed over the course of 12 months, with 25% being available for collection from the contract each of 3, 6, 9, and 12 months from the launch of the platform.

  • Pre-Launch Sale: 2,000,000 HELIX sold, selling for 0.025 USD each. Geobot holders were given 30 minutes of exclusive access to the public allocation before it would have opened fcfs. This was not required however as the allocation was sold out prior to open release. Allocation was distributed immediately.

100% of the trading fees on Helix are passed along as rewards to the platform's liquidity providers

Geobot Airdrops:

4 cohorts will receive 5,000,000 airdropped HELIX.

  • Geobot Holders: 1,250,000 HELIX

  • GXG Holders: 1,250,000 HELIX

  • Geobot Diamond Hands: 1,250,000 HELIX

  • Geobot Whales: 1,250,000 HELIX

All 4 airdrops will be locked for 12 months and 25% will be unlocked 3 months, 6 months, 9 months and 12 months after the launch of Helix.finance.

Bonus Airdrops

Release tied to platform TVL targets

Geobot holders: 10,000,000 HELIX

Presale buyers: 30,000,000 HELIX

Initial Liquidity Breakdown

The initial liquidity allocation is 0.5% of the total supply or 5,000,000 HELIX distributed as such: -Helix Pool Initial Liquidity: 0.4% -Initial Geobot Pool Yield: 0.1%

Helix Pool Initial Liquidity and Initial Geobot Pool Yield will enter the market from day zero gradually, while the other initial allocations will be locked with 50% released after 1 month and 50% released after 2 months.

Geobot Staking Pool Yield

There are a number of sources of liquidity that provide yield for Geobot stakers on Helix. They include:

  • 33% of all fees charged for yield swaps (rate TBC)

  • 33% of all fees charged for vaults (rate TBC)

  • 50% of all fees collected from harvesting referral rewards (rate TBC)

  • Pre-funded with 0.3% of the total HELIX supply.

As Helix evolves, we will be adding additional mechanisms to deliver yield to this pool, and value to Geobot holders.

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