Jul 2, 2021
CryptoThrust X Helios Cash AMA
Guest : Mr. Jimmy (CM)
Sure! Please call me Jimmy, I am the community manager of Helios Cash. If you have already join the Helios community I’m sure you know me already. And I will be the guy answer all your questions related to Helios in the future.
Segment 1 — Project Introduction
Q1. What are your strategies to manage and develop HeliosCash to gain a position in the market and become a competitive project in the blockchain industry?
First of all, I’m sure we have all witness the bleeding of crypto market recently.
Therefore, a stable investment environment is the most urgent and necessary factor in the crypto market.
Under the time of unstable, a project that able to maintain stable means the potential to became the competitive project in the industry.
The main idea for Helios is keep stable and long-term. We will make Helios ecosystem stable compare to current crypto market.
That means the project require some seriously support, and we have that — Helios Swap and Helios Vault.
We believe that bring swap and vault into the project will benefit the project, community and dev team.
As long as the ecosystem and environment remain stable and healthy, it’s a win-win-win situation.
Q2. Can you share an overview of $HEO tokenomics?
Gladly, Helios Cash project token named HEO.
HEO token total supply is 5 Million. Initial liquidity is 500K HEO, 500K HEO as airdrop after Helios Swap available. The rest 4 million token will be used for Helios liquidity farming.
The genesis farming period is 15 days, during the genesis farming, 40K HEO tokens can be minted everyday, after the genesis farming the mint speed will drop to 8000 per day.
Q3. Can you tell us which partnerships you have now? Also which partnerships in the future you will be Heading to ?
First of all, we just listed on CoinGecko yesterday, make sure go visit CoinGecko and click “Like” for us!
https://www.coingecko.com/en/coins/helios-cash
We understand the important of partnership, cause the partnership means more publicity for the project.
Crypto Thrust is the first community that cooperated with Helios Cash, the news and update about Helios Cash will be update to the community through Crypto Thrust and Helios official media.
We were think maybe partner with 10 different community by the end of the July, more partnership means more publicity and bigger Helios community.
We are also looking for partnership on Twitter, reddit, YouTube, INS and Facebook.
Helios Cash will always try to reach out to more community.
Q4. Can you share your Roadmap with us ? What achievements we can expect from HeliosCash in the near future?
Yes I’m so excited to share the Helios roadmap with community.
https://www.notion.so/b7f27434fbfb46738a88d66d5aaae63b?v=63437ea16e154d0cb8c1a20927e8278c
I’m sure this will show the steps of Helios cash that already been made, and the steps in the near future.
Our next achievement and milestone will be Helios Swap, The swap will be available in 3 weeks.
500K HEO tokens will airdrop to every community members who participant the liquidity farming.
Now I can say HeliosCash is a dynamic one 🔥🔥
Q5. Can you elaborate the security mechanism of Helios Cash ?
We understand the security means everything to a project, especially when a project is still new.
So we welcome every community members to audit our source code. We are also contact with Certik for an audit report while the Helios Swap code is finished.
Until then, we can guarantee that the Helios tech team is the team with rich experience in DeFi.
They are the most professional tech team you can ever find in the industry. The hacker who try to hurt the project won’t dare to reach the Helios Code.
Segment 2 — Questions from Twitter
Q1)
Upon doing some research I read that Helios Cash uses a proprietary dynamic harvesting optimizer to enable the highest APYs on the vaults, though, what are the main use cases of this optimizer that allows for efficient APYs? Also, what battle-tested Smart Conntracts are involved?
The Helios dev team hopes to be able to continuously bring best-in-class automated strategies for users at minimal and reasonable costs. Each vault might employ the use of different strategies, many of which use our proprietary dynamic optimized auto-compounding strategy.
Yield optimizers on fast blockchains, such as the Polygon, present a different set of problems, challenges and opportunities. While on Ethereum, where gas fees are high, it makes sense to focus on gas savings, and pooling funds to deploy strategies. Working on the Polygon, where the fees are far smaller, the focus moves to optimizing automation to secure the greatest yields with less concern for the amount of interactions necessary to constantly improve a moving APY. The doors open up to more complex strategies and frequent rebalances.
With this automatization, we can provide a simple way for investors to interact with pools, projects, and other yield opportunities without having to constantly make decisions and take manual actions. We see this as a necessary step to leveling the playing field, allowing small investors to have access to the same opportunities that so far only whales and full-time yield-farmers on Ethereum have had access to.
Building within Polygon’s open ecosystem, with its connection to the Polygon infrastructure, removes far more constraints than just high fees. Our goal is to lead a phase of open experimentation that will bring yummy stakes to your table.
Our long term goal is to help projects in DeFi grow together, providing help with creating hackathons for interesting strategies to add to the platform, partnering in some way for more efficient allocation of assets. All of this will be coordinated decentralized by the community and the holders of the governance token $HEO.
Q2)
How can $HEO holders participate in the #HELIOS vault? Is it automatic when we lock $HEO or is there a separate program?
Helios Vault won’t be separate with Helios Cash, the Helios Vault still a part of Helios ecosystem.
We expect the Vault available by the end of July.
The Vault encourage long-term investor. The stake will automaticly reward with HEO token and staked token. The continuous income and sustained growth will gain more opportunities for Helios Vault, the project and community.
Helios Vault will allow users to stake HEO, ETH, USDT, USDC, DAI and MATIC. HEO holders will take the biggest weight in Helios Vault.
Q3)
How do we invest in the project? Do we have locking period or a minimum requirement to be eligible??
At Helios farm, everyone can decided to lock their stake while they farming. Lock the stake means the extra farming boost.
The 15 days locked own the 20% farming boost, cause we would like to encourage people support the project in long-term. And long-term investor will be rewarded.
Here is the Helios farming website, you can check the different pools, different farming boost and different locking period.
The choice is all yours to made.
Q4)
What is the structure of this project, is it decentralized or a open sourced protocol where everybody can contribute? If so, how does the governance plan on being handled?
The team is basically a collective of people with different skills that got together to make this.
The code is public on
Github(https://github.com/helioscash), and we take people’s feedback very seriously.
If you have any feedback regrading to Helios, feel free to drop the feedback at https://t.me/HeliosCashChat
Helios Team believes that teamwork makes great things happen. So we are setting pioneering DAO projects such as MakerDAO and BadgerDAO as benchmark for our governance structure.
In the future, holders of $HEO will be able to vote towards/against new proposals, contribute to coding and participate in various forms of activities.
The democracy can’t hurt the project, instead it can boost Helios Cash to another level.
Q5)
HeliosCash aims to solves centralized exchange dependency & liquidity fragmentation through its unique features. Could you list HeliosCash most advanced features that we have not seen on other existing platform before? Is your platform easy for newbies?
I often told my colleagues that DeFi itself has a high learning curve for anyone so if you’re a newbie, don’t freak out yet.
There are tons of tutorials that could help you understand what’s going on. The tutorial for using Helios Cash can be found here:
https://docs.helios.cash/how-tos/polygon-chain
Below are our competitive advantages:
✅offers the lowest fees for vaults
✅offers bonus rewards for locked assets
✅offers the lowest slippage possible for Helioswap(and better swap rates than using DEX directly)
If you still need a guide to help you understand the platform, please feel free to drop your questions at https://t.me/HeliosCashChat
I will help you walk through all the problems newbie might having, cause it’s the duty of community manager.
Segment 3 — Live Telegram Session
Q1) Does your project also provide a platform for Dex, STAKING and Farming in future plans? To increase profits for token holders?When do you think of integrating other blockchain into the project like BSC, HECO? Any plans for higher coverage?
Well, the staking and farming are already available at https://www.helios.cash/farms Since the project is under genesis farming period, the reward APR are yummy! The project already listed on Polygon, you can see from Helios road map we are trying to make Helios multi-chain in the future, so the answer is YES!
Q2) Can you explain how to get your token, will you have community event like airdrop or bounty program for your project?
First of all, you can swap HEO token from quickswap, here is the link:
https://quickswap.exchange/#/swap?inputCurrency=0x03aa5daf9fd5f7f33c67afbcd53c1c1e87c4c9f7&outputCurrency=ETH
Also farming is an different way to obtain HEO token on https://www.helios.cash/farms
The 500K HEO token airdrop can only available while the Helios Swap available, only the people who join liquidity farming can claim the airdrop reward.
Q3) Bear market will not be easy for a new project to survive. We have seen so many projects failed to survive in the bear market, Have you thought about this? What are the plans on surviving on bear market?
No one like bear market that’s for sure, but that is the phase we have to go through. Helios Cash is still a new project, we are trying to creat a stable ecosystem for the project to survive under the bear market. Maybe Helios will be the GEM that shine in the night!
Q4) Can you tell us more about the members of group Helios Cash? As we have said many times, the excellent team and members behind the project is one of the most important factors for success.
Yes the tech team is the members made us proud most! Even they have to remain annoy at the moment, but they are well experienced, and really good at what they do! I know that they are able to stop all the attack from the hacker!
Q5)
-Is your project a local or global project??”
-How many communities, do you have for non-English users?
We are a global project just as any DeFi project. We currently have English community and Chinese community. We plan to expand our community to more languages given enough resources and multi-lingual managers that we can use.
Please contact us if you are able to organized different language for Helios.
Here is the link for Chinese speaker: https://t.me/HeliosCashzh
More Info about Helios Cash
Website | Telegram | Twitter | Medium | Whitepaper | Github
