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We're with you with another article, This one's the first episode of a brand new series, a series that planned to increase the exposure of Helena and in the meantime, educate people on what is DeFi. Most of you are probably familiar with the topics we've covered in this article but if you have any friends or relatives that need some material to understand or learn the basics of DeFi, feel free to give them this link! 💪 👉 https://helenafinancial.medium.com/12-02-2022-abcs-of-defi-1-what-is-defi-6b69124b20d3In future episodes, we'll be covering more complex topics, see you next time and stay awesome! |
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It's time for the BLACK FRIDAY QUIZ
We've doubled the prizes already on the last quiz. It's still valid for this one:
🥇 - $200 in WINGS
🥈 - $100 in WINGS
🥉 - $50 in WINGS
and the rules, as always:
1️⃣ There'll be 4 options to choose from with only one right answer and you'll be given 15 seconds to answer each question.
2️⃣ The faster you answer in the time given, the more points you'll get.
3️⃣ There are 10 questions for each quiz.
The last one was mostly focused on the LP system but this one might have questions from anything related to the Nemesis Ecosystem. So, I'd advise you to skim through our past achievements as well 😇
The quiz will be held tomorrow at 12:00 PM UTC as usual.
That's all for now. Good luck again
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🏇 NMSLP Minting Race 🏇 🔉 Greetings Helenians! We'll be holding an NMSLP Minting Race competition from Friday through the end of the weekend, especially for Thanksgiving & Black Friday. 🏆 When you take part in the WINGS Rush, you will have the opportunity to win WINGS tokens as well as guaranteed NMSLP (Nemesis Network Loyalty Point) Tokens whether you win or lose. Earning these NMSLP Tokens allows you to move up the ranks of NMSLP Minting Race. At the end of the weekend, we will award the following prizes to the top five participants who minted the most NMSLP Tokens over the competition period below. 🥇 First Place: $500 in WINGS tokens 🥈 Second Place: $300 in WINGS tokens 🥉Third Place: $200 in WINGS tokens 🏅Fourth and Fifth Place: $150 in WINGS tokens for both You can check the rankings by clicking here: https://discord.com/channels/958761986844409866/958761987083468827/1045487732652265533Start date: 11/25/22, 00:00 UTC End date: 11/27/22, 23:59 UTC 🎯 You should not miss out on the Buy Tax Reimbursement Discounts that will be offered all weekend! It's a fantastic deal to join in both WINGS Rush and Helena right now! |
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🏆 BLACK FRIDAY & THANKSGIVING EVENT 🏆 Greetings, Helenians! These are indeed difficult times for crypto, but all difficulties can be overcome by standing together. As a family, we thank all those who stood with us during these times and celebrate Thanksgiving with full of joy and gratitude toward you! From Friday to the end of the weekend, we'll be hosting a number of contests, particularly for Thanksgiving & Black Friday. 1️⃣ Buy Tax Reimbursement 💰 The buy tax (13%) on all Helena tokens purchased for more than 0.1 BNB during the event will be reimbursed within 3 days of the event's conclusion. For example, if you bought 100 Helena tokens, you would have received 87 after paying the purchase tax. You would then be reimbursed 13 Helena tokens within the three days that followed the event's conclusion. Start date: 11/25/22, 00:00 UTC End date: 11/27/22, 23:59 UTC 2️⃣ NMSLP Minting Race 🏁 Minting NMSLP Tokens allows you to move up the ranks of NMSLP Minting Race. At the end of the weekend, we will award the following prizes to the top five participants who minted the most NMSLP Tokens over the contest period below. For more detailed information 🏁✧competitions Start date: 11/25/22, 00:00 UTC End date: 11/27/22, 23:59 UTC 3️⃣ Black Quiz 📝 We’ll be holding a classic Helena Quiz this Saturday with doubled prizes. Details and time will be announced. Study Helena Protocol’s details to be prepared and turn on your notifications to not miss your chance. 4️⃣ Treasure Hunt 🎯 Find the hidden codes which will be placed in our various platforms/official links/social media to get your rewards. Details will be announced.  |
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Have you ever noticed how active our social media team is? If you haven't, it's time to notice! 🎯 They are ceaselessly working on every corner of the internet to spread the news, and create awareness regarding Helena and NMS Network. We created an article, including some juicy Q&A to both inform you and introduce you to our team. Have a nice one and please do take your time to read it! 💪 👉 https://helenafinancial.medium.com/11-24-22-q-a-with-helenas-social-media-team-1cca4c80ebb4 |
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Earn WINGS Tokens and mint LP Tokens (Loyalty Points) simultaneously.
All entries receives LP tokens regardless of win or lose!
50.543 LP Tokens Already Minted
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We're holding 2 again this week, in the honour of NEMESIS NETWORK LOYALTY POINT / PROFIT-SHARING SYSTEM announcement and the unlock pool reaching 50% The best part is, we're DOUBLING the prizes 🤑 So, the top 3 rewards go like this: 🥇 - $200 in WINGS 🥈 - $100 in WINGS 🥉 - $50 in WINGS Quiz Rules: 1️⃣ There'll be 4 options to choose from with only one right answer and you'll be given 15 seconds to answer each question. 2️⃣ The faster you answer in the time given, the more points you'll get. 3️⃣ There are 10 questions for each quiz. Correct answer and the leaderboard will be shown after each question. First one of the 2 will take place tomorrow (23/11/2022 at 12:00pm UTC) ⏲️ Good luck and make sure to check out this post 🙂 👉 https://discord.com/channels/958761986844409866/958761987259641936/1043536467135316098 |
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Drex's announcement
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NEMESIS NETWORK LOYALTY POINT / PROFIT-SHARING SYSTEM
🚀 After the successful releases of Wings Multiplier and Wings Rush, The Loyalty Point (NMS LP) Staking is now around the corner. Early birds who will be benefiting the most from the profit-sharing have already started to increase their LP tokens by participating in Wings Rush, and the Global Achievement to unlock LP Staking Pool / Profit-Sharing System is almost at 50%. Once again, we would like to thank our big family for all the engagement and participation.
☃️ So, this is a great time to explain the details of what LP Staking / Profit Sharing is, how it will work, and how you can benefit from it.
💡 We carefully studied similar profit-sharing systems and analyzed their pros/cons to enhance our system’s long-term sustainability and simultaneously avoid the problems they faced over the years. The biggest problem we identified on those platforms was the distribution of 100% of daily revenue in full amounts every 24-hour interval. This approach created a massive disadvantage for newcomers who are new to the LP farming/minting process because while early birds were getting all of the previous protocol earnings, they also kept claiming the future daily pool rewards, resulting in a huge gap between old miners and new miners.
Also, on days when the participation is high, LP miners receive higher returns; however, on days when the participation is low, their returns decrease dramatically. This also caused new players to not participate in mining new LP tokens as the rewards were not tempting, and their shares were forced to remain low compared to older LP miners, which made them feel left out and think they could not compete with older players to increase their shares to the desired level.
That is why we came up with the brand new idea of a profit-sharing system where all the problems are fixed, a system that will both provide an advantage for early LP miners and still be very attractive and fair for the new miners.
👀 How? Let’s see!
1️⃣ Dripping Reward Pool - First, instead of distributing all holdings in the LP Reward Pool in 24-hour intervals, which is very volatile and unsustainable, the LP Staking Pool will distribute 2% of its total reward holdings every 24 hours. This is crucial. Else the differences between high-profit days and low-profit days discourage miner to keep minting new LP Tokens. Also, new players will not be left out as the total reward amount will not diminish quickly and will continue to provide much more stable returns to the LP stakers in the long run. Moreover, the total pool rewards will continue to increase constantly because it will be much easier for new miners to compete with the old ones, and the old stakers will also need to continue participating in sustaining their share ratio.
2️⃣ LP Power Decay – To be fair to the new players and to further incentivize continuous LP minting, we implemented a daily 1% decay on LP Staking Powers. In this way, early players will still get the most benefit as they will have an edge and higher shares from the start but a diminishing one. However, the real winners will be the ones who will be actively participating in the minting process as they will be the backbone of the profit-sharing system and will keep growing the reward pool continuously and boosting overall returns. This will trigger an ever-growing Reward Pool and a long-term healthy & stable circulation of LPs and evenly distributed profits.
So the shares of the early players, who just stop playing, will diminish gradually over time, whereas active players will be able to keep their share ratio or increase them by actively participating.
Kindly note that LP decay will only affect when the NMS LP Tokens are staked in the Profit-Sharing pool; therefore, they won’t decay in your wallet.
✅ As we are still in the soft marketing phase, we are focusing more on the development and content creation side to prepare for the big moves ahead. Right now, only ~18% of the total supply is held by holders, and the remaining ~82% is either locked in Wings Swap, Wings Multiplier, Liquidity, or Burned. Therefore, this could be one of the greatest time periods to get your $WINGS Tokens and mint Loyalty Points where the conditions are ideal to benefit most from the upcoming profit-sharing feature as an early staker.
🤑 Wings Rush was the first game to acquire your NMS LP tokens, and the gears finally started to move. Upcoming games will provide further revenues to the profit-sharing system while burning even more $HELENA in the process, and increasing daily transactions, which will also provide more tax income for the protocol and its features.
ℹ️ LP Token Info:
Token Name: Nemesis Network Loyalty Point
Token Symbol: NMSLP
Decimals: 5
Contract Address: 0x2CBceE506304b579149749758BBF877B4b40E6d2
👊 Thank you everyone for your continuing interest, engagement, and support. We will keep delivering what we promise to our community no matter what fudders say, so stay tuned more 💪 👊
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59 on Bronze, 72 on Silver, 101 on Gold, 299 on 💎Diamond Rush ( 531 rounds in total ) has been played by Helenians ✨ P.S: We are at 43% on LP Staking Pool 🚀 For more info you can visit to all $Wings Rush games on 👉 http://app.helena.financial 📲 |
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We Are At 42%
42,700 Loyalty Tokens Minted
3,606 WINGS (≈$8,186$) Burned
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