HELPI — Social-based DeFi

Helpi is a decentralised finance project that aim to connect the DEFI dots with social impact. Helpi is dedicated to making an effective and user-friendly yield generator and farming aggregator in the nascent Celo blockchain. The decisions for the protocol development will be governed by the Helpi holders. Every developer and entrepreneur, regardless his origin or immigration status, is welcome to work and contribute to our open source codes.

HELPI token features

Transaction Tax Rate

There will be a 0.5% transaction tax rate which will be shared between our Liquidity Providers, Helpi Stakers, our Marketing Fund and Token Holders. This means that 0.5% of the amount of every transfer will go back to the people holding and staking Helpi, consolidating the ecosystem of projects surrounding the initiative.

This will give further incentive for people to stake HELPI.

These 0.5% tax rate will be divided in the following way:

0.2% will go to the Liquidity Mining contract.

0.1% will go to the Staking Pools

0.1% will go to the Marketing Fund — mainly focused in the Initial Social Offerings to launch in the platform.

Supply Management

HELPI will have a maximum Supply of 1 000 000 tokens. There can’t be minted more tokens.

Token Metrics and Distribution

  • Initial Supply — 500 000 HELPI will be produced in the deployment of the contract.

120 000 $HELPI —Social Impact Projects (16%)

70 000 $HELPI — Marketing Treasury (8%)

60 000 $HELPI — Team Tokens (Locked For 3 Months) (6%)

90 000 $HELPI— Burndown. (9%)

120 000 $HELPI — Initial Liquidity for UbeSwap (12%)

  • Liquidity Mining Supply — 500 000 HELPI. Locked in the Liquidity Mining Contract.

Liquidity Mining of HELPI tokens will be available for the first several months, in order for them to be distributed well around the users of the platform. The initial Reward/Block rate will be (4) and it will be reduced by 50% every 10 days.

Pools Available for mining — In order to keep the price high and not let farmers leach the HELPI liquidity, only 2 pools will be introduced:

HELPI/CELO pair — 80% of the rewards

HELPI Staking Pools — 20% of the rewards

Liquidity mining and token distribution

There will be 1.2% of all the transfers that will go to the Liquidity Mining pool. That means that even after the total Supply of 1 million tokens is distributed the Liquidity Mining will continue.

Visit our official Telegram group: https://t.me/joinchat/Cimivha449QxM2Nh

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