Tokenomics Features
- Token Name: HELP REWARD TOKEN
- Symbol: HELP
- Token Type: Learn-to-Earn Utility
- Max Supply: 3,000,000,000
- Offering: Presales & Initial DEX Offering (IDO)
- Platform: Decentralized Liquidity Platform (DEX)
- Blockchain: BEP-20 Standard Token on BNB Smart Chain (BSC)
Our Tokenomics are designed with long-term value creation in mind. We believe that great things take time to build properly and that success will require long-term commitment from the team. This is reflected in our tokenomics below:
Key benefits of BEP-20 tokens are significantly lower gas fees and much faster transaction time when compared with ERC-20 tokens.
Staking Rewards
Every early round participant will receive 25% Staking Rewards of HELP Reward Tokens.
Passive Income Component
The HELP Reward Token has a built-in Passive Income Component as an inducement to hold the Tokens. One-fifth (20%) of the transaction fee of a nominal five percent (5.0%), is built into the smart contract that rewards Holders with income. The income will be automatic and variable, as the quantity of transactions on a trading platform strongly influences this mechanism – the more transactions, the more passive income.
Bulk Purchase Bonuses up to 25%
Every participant who makes a bulk purchase during the Pre-Sale rounds will receive a certain percentage of HELP Reward Token as a free bonus. The bonus of HELP Reward Tokens will be added to your account automatically 3-5 days after each individual sale ends.
The bulk purchase bonus percentages are fixed as follows:
Bulk Purchase Amount HELP Bonus
Purchase size between $2,500 – $4,999 5%
Purchase size between $5,000 – $9,999 10%
Purchase size between $10,000 – $24,999 15%
Purchase Size between $25,000 – $49,999 20%
Purchase size of greater than – $50,000 25%
(May require multiple purchases due to anti-whale mechanism, See Tokenomics for details)
Multiple purchases made separately within the same sale, will be combined in calculating
bonuses (i.e. a purchase of $4,000 and another purchase of $8,000 will be combined to
receive the larger 15% bonus).
Note: Multiple purchase bonuses are also eligible for added Staking Rewards
and Passive Income Rewards.
Deflationary Component
The HELP Reward Token has a built-in deflationary component with a fixed
finite supply which is by definition deflationary. In addition, one-fifth (20%) of
the transaction fee at a nominal five percent 5.0%), is built into smart contract
that will burn a small portion of tokens automatically. The quantity of transactions
on trading platforms strongly influences this mechanism; the more transactions,
the more tokens the platform burns.
Deflationary tokens theoretically have a beneficial impact on the
cryptocurrency market. Deflationary cryptocurrencies aim to reduce market
supply, increase scarcity, and potentially raise demand. Coin burning will
be automatic in order to discourage short selling.
Instant Utility
The price of a cryptocurrency is largely determined by supply and demand.
Alongside this, the utility is often cited as being the most important driver of a
cryptocurrency’s value. The HELP Reward Token has ensured liquidity and ongoing
commerciality due to the infinite potential of the community pool.
The HELP Reward Token is an intrinsic component of the Self-Psych Learn-to-Earn incentivized blockchain reward system. We strongly believe that the HELP Reward Token will become one of the world’s leading mental health and wellbeing cryptocurrencies.