Flash Mob: $hMATH Mining

Helmet.insure
3 min readMar 2, 2021

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Hi, Helmeters !!! ⛑️ ⛑️ ⛑️

We are keeping focusing on Helmet enablement in earnest and making more defiers get close to this price risk-averse protocol by hosting loads of campaigns with our eco-partners. Helmet protection is wall-to-wall.

🎉🎉🎉 We have another strong PARTNER —

MathWallet !!!

MathWallet is the leading CryptoWallet for 1 million users, 60+ blockchains, 2500+ dApps, 300+ DeFi.

So that Helmet&MathWallet combined to hold a Policy Mining Campaign — $hMATH for all defiers!

⚠️Do not trade heavily on $hMATH unless you are clear about the trading risk

⚠️As policy holding certification, there is an expiration date for the $hMATH, but as token, it is alive forever.

If you have read all ⚠️ above, then let’s learn more about $hMATH now!

What is $hMATH?

MATH cover miss out policy. (It performs more like a call option of MATH)

In this policy, the ratio of MATH & BNB is

1MATH =0.014BNB

It is the reasonable activate price, meaning that you could swap 0.014BNB+1$hMATH to 1MATH before the expire date.

For example, if $MATH hit 0.015BNB, you could activate the policy and swap 0.014BNB + 1$hMATH to 1 $MATH on www.helmet.insure, and get 0.001BNB as profit.

Details:

⚠️ smart contract of hMATH: 0xdD9b5801e8A38ef7A728A42492699521C6A7379b

Mining LP: HELMET-hAUTO

$hMATH Flash Mining Start: Mar. 2nd 24:00 SGT

End: Mar.17th 24:00 SGT

Policy Expire date: Mar. 22nd 24:00 SGT

Total supply: 30,000

We have used 30,000 HELMET as premium to support policy making, paying from Vault.

How to get $hMATH?

From Flash Mining on https://app.helmet.insure/flashmining

Mining LPT: HELMET-hAUTO LPT for $hMATH (What is hAUTO)

Flash mining period: 15days.

You could provide liquidity in hAUTO-HELMET pool on PancakeSwap (click here) or you could find the ‘GET LPT’ button under the hMATH Pool on our web). After getting the LP, you could stake it in $hMATH pool on https://app.helmet.insure/flashmining to get $hMATH.

Besides, you could check the mining APY on this page.

How to check my $hMATH?

After take part in hMATH Mining Pool,

1.Check whether you have received a token named hMATH in your wallet or not (bsc net).
2.
helmet.insure — Tradingview — ‘Policy You Hold’ . Check whether there are corresponding pieces of policy available.
3. If you have hAUTO token in your wallet and corresponding information in ‘Policy You Hold’, congratulations, you have got ‘ cover miss out’ insurance of $MATH.

When & how to activate $hMATH

when:

If MATH hit 0.014BNB or pump over 0.014BNB, you could activate the policy

For example, if $MATH hit 0.015BNB, you could activate the policy and swap 0.014BNB + 1$hMATH to 1$MATH on www.helmet.insure, and get 0.001BNB as profit.

how:

helmet.insure — Tradingview — ‘Policy You Hold’ . Check the corresponding pieces of hMATH. Then you could click the button ‘activate’. Then you could swap 0.014BNB and 1 hMATH for 1 MATH.

What could we do if $hMATH expired:

If it is not profitable to activate hMATH before the expire date, the hMATH would exist as a pure token which could be taken part in next policy mining campaign.

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Helmet.insure
Helmet.insure

Written by Helmet.insure

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

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