Helmet.insure Price (HELMET)
Helmet.insure to USD Chart
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HELMET Price Live Data
The live Helmet.insure price today is $0.120551 USD with a 24-hour trading volume of $249,373 USD. We update our HELMET to USD price in real-time. Helmet.insure is up 9.69% in the last 24 hours. The current CoinMarketCap ranking is #1333, with a live market cap of $5,106,018 USD. It has a circulating supply of 42,355,798 HELMET coins and a max. supply of 100,000,000 HELMET coins.
If you would like to know where to buy Helmet.insure, the top cryptocurrency exchanges for trading in Helmet.insure stock are currently AEX, MEXC, PancakeSwap (V2), Hoo, and Hotbit. You can find others listed on our crypto exchanges page.
What Is Helmet.insure (HELMET)?
Helmet.insure is a peer-to-peer (P2P) price-shield insurance protocol launched in January 2021 on Binance Smart Chain (BSC) with the aim to redefine option trading with user-friendly insurance policy wrapping.
Helmet allows users to create an insurance policy for any crypto asset in the market, protecting DeFi users against the risk of price fluctuations. Policy trading on Helmet is market-oriented without complex mathematics. There are two kinds of policy on Helmet: SHORT Tokens and LONG tokens.
Helmet also adds a mining part in its hedging tool, allowing DeFi users to enjoy yield farming while trading. Helmet supports different tokens like Ether (ETH), CAKE and BNB. Users can swap the tokens by connecting their wallets to the platform.
Helmet received strategic funding from Binance in March 2021 to provide a more competitive option and insurance protocol for cross-chain and on-chain trading.
Who Are the Founders of Helmet.insure?
Helmet.insure is a Binance Smart Chain-based P2P protocol launched by anonymous developers with a passion to redefine option trading for DeFi users.
What Makes Helmet.insure Unique?
Helmet intends to create a platform where a crypto trader or holder can issue an advance price-based insurance that could hedge price fluctuation and offer rewards simultaneously. Helmet specializes in providing price shield insurance for BSC assets, including diverse insurance depending on token holders and traders.
Users can also have two roles as either a policy supplier or policy holder.
A policy supplier is the creator and seller of an insurance policy. Suppliers earn Helmet token as rewards for creating selling orders to the market. In contrast, Holders buy the insurance policy from suppliers. Once the insurance policy matures, they can choose to claim or abstain from the insurance based on the swap price.
Helmet redefines option trading, ensuring that option tokens do not rely on oracles or admin, but operate independently as a smart contract. It also provides unique insurance that is designed by policy suppliers ensuring they can flexibly assemble the parameters of an insurance policy. Anyone can participate in this market and earn rewards by simply depositing an underlying token asset.
Each policy option is endorsed at the nominal value held by users, eliminating counterparty risks and ensuring that the option holder can always purchase the underlying token. Helmet also has a mining aspect that adds extra features, and users can mine HELMET tokens.
Helmet is also open to all DeFi protocols and users can earn rewards based on their activities within the platform.
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How Many Helmet.insure (Helmet) Coins Are There in Circulation
HELMET is the governance token issued by helmet.insure and has a total supply of 100 million. As of April 2021, 28% of the total market supply is currently in circulation. The HELMET token will undergo a multi-year schedule with 50 million tokens distributed in the first year.
The token distribution is as follows: 10% for the IFO boarding plan, 7.25% will be allocated to HELMET community members. For the rest, 30% can be earned through policy mining in the first year and 50% can be earned through LPT mining in the first year, while 20% can be earned through governance or vote on proposals in the first year. Another 5% is allocated to be farmed and reserved for one year as developer fund, with the remaining 7.5% used for partnerships with BSC ecological construction as Vault.
How Is the Helmet.insure Network Secured?
Helmet.Insure is built on the Binance Smart Chain and is secured via the proof-of-stake (POS) consensus mechanism. The platform also has on-chain monitoring and passes many security checks.
Where Can You Buy Helmet.insure (Helmet)?
Helmet.insure (HELMET) can be bought and sold on several exchanges, including PancakeSwap, MXC, Hoo and OpenOcean. The token is currently tradable against a range of other cryptocurrencies, including Tether (USDT), Binance Coin (BNB) and Binance USD (BUSD).
Check our in depth guide on how to buy cryptocurrencies using fiat.
HELMET to USD Converter
HELMET Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||0.04884|
|Market Dominance||No Data|
|Fully Diluted Market Cap||$12,055,062.77|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighApr 14, 2021 (8 months ago)
All Time LowJan 16, 2021 (a year ago)
|Helmet.insure ROI||No Data|
|Circulating Supply||42,355,798 HELMET|
|Total Supply||100,000,000 HELMET|
|Max Supply||100,000,000 HELMET|