#IIO: WMASS →50% Sweet Gaining

Helmet.insure
5 min readMay 20, 2021

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Welcome Onboard

IIO is a token offering/distributing model to HELMET LP holders through the European option trading logic. Investors could access to the option token (itoken) of IIO token, which can be activated/swapped into the IIO token in ruled time period.

🎉🎉🎉 We are excited to announce that WMASS will LIVE on Helmet #IIO!!! PLUS, iWMASS will be the option Token launched on Helmet.insure ⛑️⛑️⛑️

Besides, we add a new part to our IIO Campaign — Quick AMA 🎁

Helmeters could know more about our IIO projects by some specific questions. Plus, there would be sweet rewards for great questions.

⏰ Quick AMA with WMASS: May 21st 21:00 SGT

👉🏻 Venue: https://t.me/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 iWMASS real-time share and start mining your iWMASS after paying for the ticket;

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

4. ⚠️ You could only get $MASS by activating/swapping iWMASS during May 22nd 21:00 SGT — May 23rd 21:00 SGT.

WMASS Info

IIO WMASS Supply: $50,000 worth of WMASS

iWMASS activate/swap formula: 1 iWMASS+0.35BUSD Swap 1 WMASS

iWMASS Distribution: May 20th 21:00 SGT — May 22nd 21:00 SGT

⚠️Activate/swap iWMASS period: May 22nd 21:00 SGT — May 23rd 21:00 SGT.

IIO Ticket: 1 $HELMET

What is iWMASS

iWMASS is the certificate to swap/activate for MASS. Only users who hold iWMASS could get WMASS during May 22nd 21:00 SGT — May 23rd 21:00 SGT.( ⚠️iWMASS cannot be activated before/after that time period)

iWMASS activate/swap formula: 1 iWMASS+0.35BUSD 👉 1 WMASS

⚠️The lifetime of iWMASS is from May 22nd 21:00 SGT — May 23rd 21:00 SGT. Please be sure to activate the iWMASS within the validity period.

Entire procedures:

😊 Before 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 HELMET-BNB (PCS) Combo Mining Pool, our smart contract will capture your LPT info automatically.

2.😊 May 20th 21:00 SGT — May 22nd 21:00 SGT (During IIO)

  1. Go to BUY IIO Ticket after May 20th 21:00 SGT : https://app.helmet.insure/#/iio

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

Tips:

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

⚠️ 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 iWMASS Mining, your IIO share would be reduced correspondingly. (real-time change of iWMASS share)

3.😊May 22nd 21:00 SGT — May 23rd 21:00 SGT (Activate/swap iWMASS )

Get WMASS by activating your iWMASS with this formula:

1 iWMASS+0.35BUSD Swap 1 WMASS

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

Tips:

⚠️ Please remember to activate your iWMASS during May 22nd 21:00 SGT — May 23rd 21:00 SGT, otherwise they would be expired!!!!

⚠️ If iWMASS expired, you can not swap them into WMASS 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 WMASS:

Token Name: WMASS

The MASS consensus engine aims to become the infrastructure layer to all blockchain. Based on Proof-of-Capacity consensus protocol, the MASS consensus engine creates a consensus layer that is permissionless, fair, energy efficient, secure, and universal, ensuring the fundamental security of all the chain above.

The MASS consensus originated from a paper done by MIT computer scientists, and the project is totally driven by community, with no pre-mining.

MASS’s mainnet was launched in 2019, and the network grows with about 300 PB hash rate within 2 years(For comparison, Filecoin has about 1000 PB hash rate in its network), and is supported by organizations such as HelloPool,Huobi, Fenbushi Capital, HashKey, NGC Capital, MPool etc.

Recently MASS community introduced WMASS to Binance Smart Chain, which is in BEP20 format and its value is 1:1 pegged to MASS. The purpose of WMASS is to introduce assets with real-world value to DeFi world, and hope we can coordinate with Pancake for some future development.

Address: 0x7e396BfC8a2f84748701167c2d622F041A1D7a17

Total Supply: (MASS) 206,438,400

Website: https://wmass.org/home

https://massnet.org/

Twitter: https://twitter.com/massnetorg

https://twitter.com/WMASS6

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

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.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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