Helio ($HAY) ๐Ÿ”ถ Profile picture
Sep 29 โ€ข 9 tweets โ€ข 4 min read
Why is Helio Protocol perfect during a ๐Ÿป market? (and not just ๐Ÿ‚)

Read the ๐Ÿงต below to find out!
2/ During a bear market aka when the market is down, people tend to hold their assets - finding a way to generate passive income during these times is key ($BNB). Image
3/ Helio Protocol is a great option if you hold extra $BNB as we help you gain the most yield possible ๐Ÿ˜‰

helio.money/app/earn
4/ When you interact with our protocol and deposit your $BNB to borrow our native destablecoin $HAY, you will be allowing your #BNB to work for you ๐Ÿค
5/ We also offer real yield on $HAY single staking (~7% APY)

Learn more about this strategy in our Medium article below โฌ‡๏ธ
medium.com/@Helio-HAY/disโ€ฆ
6/ We have also enabled liquidity farming on DEXs such as @PancakeSwap ๐Ÿ‘€

pancakeswap.finance/info/pool/0x70โ€ฆ
7/ Our users can also stake on @WombatExchange's sidepool which has over 2.4M TVL ๐Ÿ™Œ

app.wombat.exchange/pool
7/ If you'd like to use #crypto as a payment method, you're able to use $HAY via @okse_io's virtual visa card ๐Ÿ’ณ

8/ Helio Protocol is a great choice right now as $HAY is offering utility & sustainable yields regardless of the market conditions.

Learn more ๐Ÿ‘‡
helio.money

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More from @Helio_Money

Aug 29
One of our main priorities with Helio Protocol is safety and the safety of our users โ›‘

Letโ€™s deep dive on smart contract safety ๐Ÿงตย ๐Ÿ‘‡
2/9 What are smart contracts? โœ๏ธ

Smart contracts just like any contract establish the terms of an agreement. The terms are executed as code running on a blockchain.

They allow developers to build apps that take advantage of blockchain security, reliability and accessibility.
3/9 Why are smart contracts important?

They enable scalability, efficiency and decentralization with no middle man. Plus, they're fully transparent as they are based in fixed commands defined by lines of code.
Read 9 tweets
Aug 25
๐Ÿ”ฅ Helio Protocol has launched a syrup pool on @PancakeSwap - letโ€™s recap on what Helio Protocol is, and what can $HAY holders expect from this partnership.

A ๐Ÿงต Image
2/9 Developed on the @BNBCHAIN, Helio Protocol is an open-source liquidity protocol for borrowing and earning yield on their native destablecoin $HAY.
3/9 Destablecoin is a new asset class that is over-collateralized with liquid staked assets.

$HAY is an over-collateralized destablecoin, where 1 $HAY is always redeemable at $1 of cryptocurrency, and over-collateralized by $BNB.
Read 10 tweets
Aug 12
Real Yield explained and how does Helio Protocol offer It

A ๐Ÿงต
2/5 Real yield is the return that a bond investor earns from interest payments after accounting for inflation.
3/5 How does Helio generates Real Yield with $HAY?

$HAY yield comes from Helioโ€™s revenue pool, which is derived from $HAYโ€™s borrowing interest and collateral being staked by Helioโ€™s protocol.
Read 5 tweets

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