#IIO: Blackhole (BLACK)
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 Blackhole (BLACK) will LIVE on Helmet IIO!!! PLUS, Blackhole iBLACK 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 iBLACK real-time share and start mining your iBLACK after paying for the ticket;
3. Tickets ($HELMET) from IIO participants will be burnt forever;
4. ⚠️ You could only get $BLACK by activating/swapping iBLACK during Apr. 29th 21:00 SGT — Apr. 30th 21:00 SGT.
IIO BLACK Total Supply: 200,000 BLACK
iBLACK activate/swap formula: 1 iBLACK+0.05BUSD Swap 1 BLACK
iBLACK Distribution: Apr. 26th 20:00 SGT — Apr.28th 20:00 SGT
⚠️Activate/swap iBLACK period: Apr. 29th 21:00 SGT — Apr. 30th 21:00 SGT
IIO Ticket: 1 $HELMET
What is iBLACK
iBLACK is the certificate to swap/activate for BLACK. Only users who hold iBLACK could get BLACK during Apr. 29th 21:00 SGT — Apr. 30th 21:00 SGT( ⚠️iBLACK cannot be activated before/after that time period)
iBLACK activate/swap formula: 1 iBLACK+0.05BUSD 👉 1 BLACK
⚠️The lifetime of iBLACK is from Apr. 29th 21:00 SGT — Apr. 30th 21:00 SGT. Please be sure to activate the iBLACK within the validity period.
😊 Before Apr. 26th 20:00 SGT ( Before IIO )
- You need ready HELMET and BNB tokens and get HELMET-BNB LPT by adding HELMET and BNB liquidity on PancakeSwap;
⚠️⚠️⚠️ We will accept LPT (V2) in this IIO campaign.
⚠️ Do not fret, this V2 pool will get prepared before IIO start. If you are in the V1, you could take your time and enjoy HELMET reward, then transfer to the V2 just when the pool LIVE.
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)
⚠️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.😊 Apr. 26th 20:00 SGT — Apr. 28th 20:00 SGT (During IIO)
- Go to BUY IIO Ticket after Apr. 26th 20:00 SGT
2.You could check your IIO real-time share and start mining your iBLACK. You could claim your iBLACK anytime you want.
⚠️ iBLACK is tradable, if you want to trade them, please be cautious of the slippage and do not trade heavily on iBLACK.
⚠️ 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 iBLACK Mining, your IIO share would be reduced correspondingly. (real-time change of iBLACK share)
3.😊Apr. 29th 21:00 SGT — Apr. 30th 21:00 SGT (Activate/swap iBLACK )
Get BLACK by activating your iBLACK with this formula:
1 iBLACK+0.05BUSD Swap 1 BLACK
( you need to prepare enough BUSD in your wallet to complete this swap)
⚠️ Please remember to activate your iBLACK Apr. 29th 21:00 SGT — Apr. 30th 21:00 SGT, otherwise the iBLACK would be expired!!!!
⚠️ If iBLACK expired, you can not swap them into BLACK 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.
BlackHole Protocol is an approval-free cross-chain burning platform based on Ethereum network. Any user or project governor could create a burning pool by holding BLACK and old Token LP to permanently burn the old Token into a new Token, thus gaining ecological vitality.
BlackHole Protocol originates from Ethereum network and gradually spread to Polkadot, BSC, Heco, SOL and eventually the whole blockchain world. And BLACK Token will inflation suddenly at the very beginning and enter the deflationary model in a flash and keep deflating with the process of ecological reconfiguration.
Total Supply: 100million
Telegram (EN): https://t.me/BlackholeProtocolOfficial
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.