Announcing Helix Guilds

Announcing Helix Guilds

Helix is thrilled to welcome Helix Guilds to its list of product offerings! Helix Guilds elevates the trading experience by enabling traders to participate in competitions as a cohesive group, ushering in a new era of social interaction within the trading sphere.

Get started: https://helixapp.com/guilds/

What Are Helix Guilds?

Helix Guilds are trading groups that enable you to participate in trading competitions as a team. Trading competitions will be set periodically under Helix Guilds, and traders can either create or join a Guild in order to win from a prize pool. 

Helix Guilds not only amplifies traders’ competitive edge but also transforms trading into a collective journey. Whether you're a seasoned trader or a newcomer to the world of finance, Helix Guilds provides a platform where everyone has a chance to contribute, compete, and reap the rewards of collective achievement. 

How It Works

Helix Guilds 1116.png

Guild Creation and Joining:

  • Before each trading competition, traders can create or join Guilds.
  • Guild Masters must meet the minimum asset requirement and maintain it throughout the competition.
  • Guild members simply need to join a Guild and start trading to contribute to trading volume and total value locked (TVL).

Competition Dynamics:

  • Helix sets the trading parameters, including the market and reward pools, for each competition.
  • During the competition, Guilds compete against each other based on total trading volume of a specific market and weighted average balance of a specific asset.

Winning Rewards:

  • To claim rewards, your Guild needs to lead in either total trading volume or weighted average balance.
  • Guild Masters of the winning Guild enjoy 20% of the total reward pool.
  • Winning Guild members receive the remainder of the reward pool based on their proportional contribution to the Guild's success. 

How to Participate

As a Guild Master:

  • Meet the minimum asset requirement and maintain it throughout the competition.
  • Lead your Guild to victory and earn a substantial share of the rewards.

As a Guild Member:

  • Join a Guild and start trading to contribute to trading volume and TVL.
  • Help your Guild secure the top spot and earn rewards based on your contribution.

To view a list of all active Helix Guilds, click here.

This post is for informational purposes only and is not financial advice or an endorsement of any project or application.  

About Helix

Helix is the premier decentralized crypto exchange. Helix provides access to unlimited crypto assets and perpetual markets with market leading rebates. Best-in-class security, near zero fees, lightning fast speeds, cross-chain capabilities and a fully on-chain orderbook on Helix provide the optimal gateway to bring crypto trading to the masses. Helix is built on Injective, the interoperable layer one blockchain for building powerful exchange, DeFi, derivatives & Web3 applications.

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This article is for informational purposes only and is not financial advice or an endorsement of a particular project or application. Use of Helix is subject to Helix's Terms and Conditions.