Vladimir Zboyev

HELMET Price Live Data

The live Helmet.insure price today is $0,059451 USD with a 24-hour trading volume of $162 318 USD. We update our HELMET to USD price in real-time. Helmet.insure is down 4,44% in the last 24 hours. The current CoinMarketCap ranking is #1419, with a live market cap of $2 521 637 USD. It has a circulating supply of 42 415 737 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 MEXC, AEX, Hoo, PancakeSwap (V2), 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.

Related Pages:

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Learn about Crypto ETFs on CoinMarketCap Alexandria.

Stay in the loop about everything cryptocurrency on the CoinMarketCap blog.

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.

SMARTCREDIT Price Live Data

The live SmartCredit Token price today is $1,91 USD with a 24-hour trading volume of $45 885,45 USD. We update our SMARTCREDIT to USD price in real-time. SmartCredit Token is down ,04% in the last 24 hours. The current CoinMarketCap ranking is #1409, with a live market cap of $2 584 125 USD. It has a circulating supply of 1 350 243 SMARTCREDIT coins and the max. supply is not available.

If you would like to know where to buy SmartCredit Token, the top cryptocurrency exchanges for trading in SmartCredit Token stock are currently Uniswap (V2), Bittrex, Bancor Network, and Loopring Exchange. You can find others listed on our crypto exchanges page.

What Is SmartCredit.io?

SmartCredit.io is a Decentral Finance application for crypto borrowing and lending. The key features are:

The low collateral ratio for the borrowers

Personal Fixed Income Funds for the lenders

Fixed-term and fixed interest loans

The key difference is that SmartCredit.io focuses on the DeFi fixed-income-funds as opposed to the DeFi money-market-funds (as most of DeFi lending solutions today).

SMARTCREDIT is the utility token for:

Utility and loyalty token on the SmartCredit.io platform

Collateral for the loans

Liquidity mining for the borrowers, lenders, and integration pa (which integrate SmartCredit.io platform)

SmartCredit.io offers the following functionality:

Borrowers can receive fixed interest and fixed-term loans with a lower collateral ration than the money-market-funds

Borrowers can complete the optional credit-scoring, which allows reducing the collateral ratio and the loan interest

Lenders receive fixed interest instead of the fluctuating money-market-funds interest

Lenders have their own Personal Fixed Income Funds

Integrators can integrate our User Interface Widgets and earn loan origination fees plus reward tokens

How Many SMARTCREDIT Coins Are There in Circulation?

10% of the total supply (2 500 000 tokens) are unlocked. 90% of the total supply (22 500 000 tokens) are time-locked with OpenZeppelin contracts and will be released 1/4 (in equal parts) in years 2, 3, 4, and 5. The current circulating supply is 1 106 625 SMARTCREDIT tokens.

Tokens allocation is the following:

40% for liquidity mining for integration-partners and users

10% for the marketing

10% for the team (starting from the second year, released ¼ per year)

20% for the liquidity provision

15% reserve and insurance funds

Who Are the Founders SmartCredit.io?

The Co-Founders are Martin Ploom and Tarmo Ploom, Ph.D. Both are ex-Credit-Suisse Vice Presidents from Zurich, Switzerland. Both are MBA’s and CFA’s. They know the traditional banking and credit-systems inside out.

They are early blockchain adaptors, co-authored first german-language blockchain book, are giving lectures and write the blog: https://smartcredit.io/blog