BurgerSwap x Helmet.insure | $100,000 Triple Mining Rewards
BurgerSwap is excited to announce the new collaboration with our old friend, Helmet.insure, launching the new insurance product $hxBURGER, which is $xBURGER’s Cover Miss Out insurance policy.
To celebrate this, xBURGER Pools will launch new pool for $Helmet staking, allowing users to stake Helmet token to mine xBURGER.
There are three different ways to obtain $hxBURGER, please see below for further details. Further, to celebrate this cooperation, we have prepared the Triple Mining Rewards ($100,000 worth of $BURGER & $xBURGER & $BHELMET) for participants, which will be available in Helmet.insure. Please see the last section below for further details.
What is $hxBURGER?
- $xBURGER’s Cover Miss Out insurance policy (a CALL Option of $xBURGER)
- Reasonable activation price: 1 $xBURGER = 0.1 BNB
- if $xBURGER hit 0.2 BNB, you could swap 0.1 BNB + 1 $hxBURGER to 1 $xBURGER, and get net 0.1BNB profit (minus the costs of your $hxBURGER)
- Total supply: 20,000
- Expiry date: May 21, 2021
- Smart Contract Address of $hxBURGER: 0xCa7597633927A98B800738eD5CD2933a7
- Allocated 20,000 Helmet to Helmet team for $hxBURGER policy creating
- ⚠️ Do not trade heavily on $hxBURGER, since if xBURGER fail to hit 0.1BNB, $hxBURGER would just be a souvenir token
How to Get $hxBURGER
Approach 1: Airdrop for xBURGER holders
1000 $hxBURGER ($xBURGER Cover Miss Out Policy) will be given away to Top 500 $xBURGER holders (snapshot on April 24th 24:00 (UTC+8)）
Approach 2: Farming on BurgerSwap
Users can farm $hxBURGER by staking their BLP tokens into the $hxBURGER farming pool over 14 days
- Start: 2021/4/22 18:00 (UTC+8)
- Farming Period: 2021/4/22 18:00 to 2021/5/6 18:00 (UTC+8)
- Supported BLP Tokens: BNB-BURGER, USDT-BURGER, BUSD-BURGER, BTCB-BURGER, ETH-BURGER, DOT-BURGER
- Total Rewards: 4000 $hxBURGER
Approach 3: FLASH Mining on Helmet
Users can mine $hxBURGER by depositing their $hTPT-$HELMET LPT tokens into the $hxBURGER pool in Helmet.insure over 20 days
- Start: 2021/4/22 0:00 (UTC+8)
- Mining Period: 20days
- Total Rewards: 15,000 $hxBURGER
⚠️ Notice the impermanent loss when you farm $hxBURGER
How to Get Triple Mining Rewards?
- Start: 2021/4/27 0:00 (UTC+8)
- Mining Period: 20 days
⚠️ PLZ NOTE the impermanent loss of LP Mining.
⚠️ Do not trade heavily on $hxBURGER or $hTPT, since if $xBURGER fail to hit 0.1BNB, $hxBURGER would just be a souvenir token
How to use $hxBURGER?
1.You could activate them before expiry date if $xBURGER hit over 0.1 BNB to profit.
2. It could perform like ‘half a shovel’ to yield mine $BHelmet & $BURGER &xBURGER.
3. For more information. Please visit here.
More Info on Helmet:
More Info on BurgerSwap: