Helmet #IIO: Lever Network
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 Lever Network (LEV) will LIVE on Helmet IIO!!! PLUS, iLEV will be the 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;
⚠️⚠️⚠️ We will accept LPT (V2) in this IIO campaign .
2. You could check your iLEV real-time share and start mining your iLEV after paying for the ticket;
3. Tickets ($HELMET) from IIO participants will be burnt forever;
4. ⚠️ You could only get $LEV by activating/swapping iLEV during May 7th 20:00 SGT — May 8th 20:00 SGT.
LEV Info
IIO LEV Total Supply: 60,000 LEV
iLEV activate/swap formula: 1 iLEV+0.5BUSD Swap 1 LEV
iLEV Distribution: May 5th 20:00 SGT — May 7th 20:00 SGT
⚠️Activate/swap iLEV period: May 7th 20:00 SGT — May 8th 20:00 SGT
IIO Ticket: 1 $HELMET
What is iLEV
iLEV is the certificate to swap/activate for LEV. Only users who hold iLEV could get LEV during May 7th 20:00 SGT — May 8th 20:00 SGT ( ⚠️iLEV cannot be activated before/after that time period)
iLEV activate/swap formula: 1 iLEV+0.5BUSD 👉 1 LEV
⚠️The lifetime of iLEV is from May 7th 20:00 SGT — May 8th 20:00 SGT. Please be sure to activate the iLEV within the validity period.
Entire procedures:
😊 Before May 5th 20:00 SGT ( Before IIO )
- You need to ready HELMET and BNB tokens and get HELMET-BNB LPT by adding HELMET and BNB liquidity on PancakeSwap;
⚠️ We accept LPT (V2) in this IIO campaign.
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 HELMET-BNB (PCS) Combo Mining Pool, our smart contract will capture your LPT info automatically.
2.😊 May 5th 20:00 SGT — May 7th 20:00 SGT (During IIO)
- Go to IIO tab and enter ‘LEV IIO’ to BUY IIO Ticket after May 5th 20:00 SGT
2.You could check your IIO real-time share and start mining your iLEV. You could claim your iLEV anytime you want( before Activating period).
Tips:
⚠️ iLEV is tradable, if you want to trade them, please be cautious of the slippage and do not trade heavily on iLEV.
⚠️ 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 iLEV Mining, your IIO share would be reduced correspondingly. (real-time change of iLEV share)
3.😊May 7th 20:00 SGT — May 8th 20:00 SGT (Activate/swap iLEV )
Get LEV by activating your iLEV with this formula:
1 iLEV+0.5BUSD Swap 1 LEV
( you need to prepare enough BUSD in your wallet to complete this swap)
Tip:
⚠️ Please remember to activate your iLEV during May 7th 20:00 SGT — May 8th 20:00 SGT, otherwise the iLEV would be expired!!!!
⚠️ If iLEV expired, you can not swap them into LEV 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 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 Lever:
Lever is developed to bridge the gap between lending protocols and DEXs, increasing capital efficiency in DeFi.Lever is an open-source margin trading platform where you can lend, borrow and perform leveraged trading to either buy long/sell short an asset in just one place.
Website：Lever.network
Name：$LEV
Total supply：100,000,000
Twitter：https://twitter.com/LeverNetwork
Telegram：http://t.me/LeverNetwork
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.
