Our ultimate source of truth about everything about the project (externally and internally) resides right here. You'll be able to understand all the finer details about Helis such as what we're doing on a more granular level, learning about community initiatives and details about the token itself.
Our focus is on making DeFi accessible and powerful for enterprises.
Any business, anywhere can access financial tools and products
Open source smart contracts increase transparency
No verification or paperwork required to get started
Understanding finance made easy through intuitive interfaces
Removing intermediateries gives SMEs access to loans & payments
Programmable protocols can be combined and leveraged in unique ways
HelisNetwork focuses on making DeFi accessible and powerful for enterprises. What is DeFi? DeFi stands for decentralised finance: lending, derivatives, payments, stable coins, decentralised exchanges.Helis has already developed the first product - payroll. It allows automating processes with paying out employees, freelancers or investors whilst saving time and introducing operational efficiencies. This will be followed by DeFi Loans and Derivatives related products that will be serviced through an aggregated protocol providing best in class UX. Moreover, Helis has launched pilot programs with Nexo, Kyber Network, Loopring and more. Helis will be iterating and developing the payroll product for these enterprises to be enhanced taking into consideration new process flows and business requirements as a result of the pilot program. Future roadmap items include loans and derivative-based products.The Helis token is a multi-utility token that will be used to govern the decentralised payment network. HELIS will be used: in Bonding and Governance, Network Fees and Staking Mechanism.The project has a solid team that consists of 5 team members with great working experience. It's worth to notice that their advisor Reuben Bramanathan is ex-Product Lead, and Counsel in Coinbase. Dynal Patel, Senior Product Manager at Cardano, is leading the product strategy.Tokenomics looks solid and reasonable enough. Hardcap is $4,000,000. The project will not conduct an ICO or IEO. Helis has only Seed and Private rounds. Seed round has bonded tokens - 50,000,000 HELIS (16.7% of total supply).Helis has a Bridge Toll Model like LTO Network. There is a dynamic fee using the bridge toll model to convert bonded tokens to unbonded. This is primarily to prevent dumping and increase community incentivisation and participation, adoption of the enterprise products, etc.Overall, we believe in a strong potential of the project and will keep looking on it more deeply.We strongly advice to take a deeper look at the project and join their community at the stage when nobody knows about it yet.