#IIO: ChainSwap ($TOKEN)

Helmet.insure
4 min readApr 16, 2021

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Welcome Onboard

IIO is a new token offering model that distribute new assets to HELMET holders through the European option trading logic. Before the official offering of the Token, investors could access to the option token (iToken) of IIO token, which can be activated/swapped into the IIO token at the official offering time.

🎉🎉🎉We are excited to announce that ChianSwap ($TOKEN) will LIVE on Helmet IIO!!! PLUS, Chainswap iTOKEN will be the first option Token launched on Helmet.insure. ⛑️⛑️⛑️

⚠️ Let me start with the key points, which you’d better keep in mind:

1. HELMET-BNB LPT (Pancakeswap) +Ticket are required. If you already STAKE in HELMET-BNB LP (PCS) Pool, you just need to pay for the IIO ticket to participate;

2. You could check your iTOKEN real-time share and start mining your iTOKEN after paying for the ticket;

3. Tickets ($HELMET) from IIO participants will be burnt forever;

4. ⚠️ You could only get ChainSwap $TOKEN by activating/swapping iToken during Apr.23rd 21:00 SGT — Apr.24th 21:00 SGT.

$TOKEN Info

IIO $TOKEN Total Supply: 100,000

iTOKEN activate/swap formula: 1 iTOKEN+0.3BUSD Swap 1 $TOKEN

iTOKEN Distribution: Apr.19th 21:00 SGT

⚠️Activate/swap iTOKEN period: Apr.23rd 21:00 SGT — Apr.24th 21:00 SGT

IIO Ticket: 1 $HELMET

What is iTOKEN

iToken is the certificate to swap/activate for $TOKEN. Only users who hold iToken could get $TOKEN during April 23rd 21:00 SGT — April 24th 21:00 SGT ( ⚠️iToken cannot be activated before/after that time period)

iTOKEN activate/swap formula: 1 iTOKEN+0.3BUSD 👉 1 $TOKEN

⚠️The lifetime of iToken is from Apr. 23rd 21:00 SGT — Apr. 24th 21:00 SGT. Please be sure to activate the iToken within the validity period.

Entire procedures:

1. 😊 Before Apr. 19th 21:00 SGT ( Before IIO )

1.You need ready HELMET and BNB tokens and get HELMET-BNB LPT by adding HELMET and BNB liquidity on PancakeSwap;

2. STAKE your LPT(showing Cake-Lp in your wallet) into HELET-BNB Combo Mining Pool. ( You could enjoy CAKE 🍰 & HELMET ⛑️ dual rewards with 200%+APR at the same time)

Tips:

⚠️While you are holding HELMET-BNB LPT, you will be at risk of Impermanent Loss.
⚠️If you already STAKE in HELET-BNB (PCS) Combo Mining Pool, our smart contract will capture your LPT info automatically.

2.😊 Apr. 19th 21:00 SGT — Apr. 23rd 21:00 SGT (During IIO )

  1. Go to BUY IIO Ticket after Apr. 19th 21:00 SGT

2.You could check your IIO real-time share and start mining your iTOKEN. You could claim your iTOKEN anytime you want.

Tips:

⚠️ iTOKEN is tradable, if you want to trade them, please be cautious of the slippage and do not trade heavily on iTOKEN.

⚠️ You could back HELMET-BNB (PCS) Pool to add your HELMET-BNB LPT if you expect more IIO share.
⚠️ If you withdraw some of your LPT during the iTOKEN Mining, your IIO share would be reduced correspondingly. (real-time change of iTOKEN share)

3.😊Apr. 23rd 21:00 SGT — Apr. 24th 21:00 SGT (Activate/swap iTOKEN )

Get $ TOKEN by activating your iToken with this formula:

1 iTOKEN+0.3BUSD Swap 1 $TOKEN

( you need to prepare enough BUSD in your wallet to complete this swap)

Tips:

⚠️ Please remember to activate your iTOKEN within Apr. 23rd 21:00 SGT — Apr. 24th 21:00 SGT, otherwise the iTOKEN would be expired!!!!

⚠️ If iTOKEN expired, you can not swap them into $TOKEN never!!!

Done! GOOD JOB!!!!

Will I lose my HELMET-BNB LP for getting new IIO Token?

There will be no effect on your LPT in the pool, since Helmet team will only scan your LPT Share to calculate your real time iToken share.

Participants will mine iToken and swap them by BNB or BUSD to the IIO Tokens after the sale.

PLUS, in the period of IIO, you’ll also enjoy the HELMET-BNB LP Pool Dual-rewards.

About ChainSwap:

Project: ChainSwap(TOKEN)

Website: https://www.chainswap.exchange/

Initial Circulating Supply ($TOKEN):100,000

Contract Address: (Will be lived before IIO start)

Twitter: https://twitter.com/chain_swap

Telegram (EN): https://t.me/chainswap

Medium: https://chain-swap.medium.com/

Disclaimer — All projects are subject to both high market risk and volatility. Please, do your own research and full due diligence before even considering to invest your funds in any project and please, make your investments very cautiously. Helmet.insure will not be held responsible for any investment losses.

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Helmet.insure

Helmet is a peer-to-peer price-shield insurance protocol on BSC ( Binance Smart Chain), originated from option trading logic.