HELI Doge Twitter Spaces AMA Recap
Dear HeliSwap community,
We’re excited to present an in-depth summary of our recent Twitter Spaces AMA, where our team engaged in a comprehensive discussion, addressing queries from our active community. If you couldn’t join us, you can listen in to the AMA here. Your participation is valued and helps shape the conversation.
What are the origins of HELI Doge?
The inception of HELI Doge traces back to a proposal successfully passed within our DAO. A community member proposed the idea of HeliSwap having its own meme-token, and with widespread community support, the proposal garnered enough votes to move forward. As a result, we’re thrilled to announce the launch of the HELI Doge token, a fun addition to the HeliSwap ecosystem as endorsed by our vibrant community.
When will HELI Doge launch?
HELI Doge will launch on 24 January 2024!
What are HELI Doge’s tokenomics?
You can find detailed information about its tokenomics here.
Who gets HELI Doge tokens?
HELI Doge tokens are allocated to community members who participate in our single-sided staking products, as outlined in the proposal. Single Sided Stakers receive 6.96% of all tokens. Notably, those who both staked and locked their tokens receive a higher amount of HELI Doge tokens compared to individuals with only staked tokens. This structure is designed to reward and incentivize active community engagement and commitment.
How are HELI Doge tokens allocated?
69.69% of the tokens will be used for the initial liquidity pool. 6.96% of the tokens are allocated to HELI token holders in SSS Phase 2 Staking. These tokens will be distributed trough a Claimdrop.
What is a Claimdrop?
A Claimdrop is a unique distribution mechanism crafted by HeliSwap to allocate tokens to community members. Unlike traditional airdrops, the Claimdrop is designed to navigate Hedera’s specific nature, where token association is required before interaction. This approach ensures an efficient and seamless token distribution process within the Hedera ecosystem. In order to claim your tokens please visit our Claimdrop page.
Will my HELI Doge tokens come with a vesting period?
No vesting period! Your HELI Doge tokens will be fully accessible and available from day one on our Claimdrop site. Enjoy immediate access to your tokens without any restrictions.
How long can I claim my HELI Doge tokens for?
The Claimdrop for HELI Doge kicks off on January 24, 2024. The community has got a two-month window to claim tokens, so make sure to seize the opportunity. After this period, unclaimed HELI Doge tokens will be forfeited.
Does HELI Doge have any keys?
No, the HELI Doge token operates without any keys! The total supply of HELI Doge is minted once, and the future of the token is entirely in the hands of the community.
Get HeliSwap’s stories in your inbox
Join Medium for free to get updates from this writer.
Here’s a list of keys that tokens can typically come with, but HELI Doge breaks away from these traditional structures.
When was the snapshot taken?
The snapshot for all participants in Single Sided Staking was taken on January 15, 2024.
Should I buy HELI Doge?
It’s crucial to conduct your own research and make informed decisions based on your personal financial goals and risk tolerance. Remember, investments always come with inherent risks, so take the time to assess and consider all factors before making any decisions. So, absolutely no financial advice here!
