The Helmet is a one-of-a-kind P2P price-shield insurance protocol that operates on trading logic. It bestows insurance policy for the users in the DeFi ecosystem and safeguards them from the risk of market fluctuations of digital assets. It is a platform developed in Binance Smart Chain, and therefore, it provides price-shield insurance for the BSC assets. It is entirely the user's choice to choose their policy, and each policy specifies four prime elements - Denominated Asset, Underlying Asset, Policy Price, Insurance Period.
The platform primarily deals with Policy Supplier and Policy Holder. The supplier is the one who sells insurance policies in the market. On successful selling orders, they will be rewarded with stable HELMET tokens. While the holder is the one who purchases the policies by paying the suppliers. Once the policy is matured, they can either claim or refrain based on the SWAP price. Some of its well-known policies are Cover 50% off, Cover 100% up, Cover miss out, etc.
It is this platform that currently offers Initial Insurance Offering. The new projects can be launched effectively and offer a great deal of flexibility for the investors as well as project owners.
Launching a project and having a good token sale is not an easy task. So, we assist you in launching your pioneering projects with a new trend of Initial Insurance Offering. It is one of the effective token sale approaches in recent times. Glance down to know the process involved in token sale for the novel projects.
This way, token sales for your projects can be made productively. And once, if the token is sold to the users, we come into the picture. We provide covers for the users who hold your tokens, and they can be prevented from the loss of market volatility. Our hedging tool is uncomplicated, resilient, and user-friendly as it is a smart contract powered project. Therefore, it can easily safeguard participants against the price fluctuations of the token.
For example: Let’s consider the price of the new coin is 4.5 BNB. If you have a doubt that the price may drop by more than half, then you can buy ‘cover 50% off policy’ by paying 0.1 BNB with a face value of 2.25 BNB. The validity of the policy is for 15 days. Some days later, if the price of the coin drops to 2 BNB, then you could swap one token to 2.25 BNB, thereby escaping the loss of 0.25 BNB by paying just 0.1 BNB. This way, we could provide covers for the users who purchase the tokens.
CES is a trailblazer in providing phenomenal services to meet all your blockchain and cryptocurrency needs. Through our IIO development service, we will lend our 100% efforts to launch your project successfully and raise funds instantly. Our adept professionals will give life to your thoughts and bring out an exact output which meets your requirements. We bestow round the clock technical support and make you stay away from your queries.