Article Summary, Automatically Generated By AI
About Helion
- Ēnosys is a Web3 software house building DeFi and Web3 products and services.
-
The Ēnosys ecosystem consists of:
- Ēnosys Dex
- Ēnosys Farm
- Ēnosys Loans
- Ēnosys Bridge
- Ēnosys Gallery
- APYCloud is a Central Yield Aggregator that aggregates fees and distributes sustainable yield to Governance participants.
-
Governance management:
- Requires governance proposals and voting by holders of governance tokens.
- G
About Helion
In the realm of cutting-edge technology, Helion stands at the forefront, pioneering innovative solutions that redefine the boundaries of the digital landscape.
Ēnosys is a pioneering Web3 software house, crafting a comprehensive suite of decentralized finance (DeFi) and Web3 solutions. Notably, the Flare Network serves as the foundation for the Ēnosys mainnet ecosystem, which is complemented by a parallel Experimental Finance ecosystem on the Songbird Canary Network.
The Ēnosys ecosystem comprises a suite of innovative products, including:
Introducing Ēnosys Dex – Seamlessly swap currencies and reap rewards by providing liquidity for on-chain trading, all while leveraging the benefits of Layer 1 rewards.
Introducing Ēnosys Farm – a pioneering, non-custodial yield farming and token launchpad, seamlessly integrated with Layer 1 rewards.
Ēnosys Loans – A pioneering decentralized borrowing protocol, facilitating interest-free loans by leveraging integrated cryptocurrencies as collateral, thereby enabling seamless and efficient borrowing experiences.
Ēnosys Bridge – A pioneering cross-chain asset bridge that fosters diversity among blockchains, paving the way for the Ēnosys ecosystem’s seamless expansion into a multi-chain future by seamlessly bridging Ēnosys governance tokens.
Ēnosys Gallery – A pioneering NFT gallery featuring both expertly curated and secondary marketplaces, accompanied by a suite of innovative NFT-related protocols. These include Ermis, an on-chain redemption protocol that seamlessly connects digital art to its physical counterpart, and Clover, a fair distribution protocol designed to empower companies to host private events and execute transparent, equitable marketing campaigns.
Within the Ēnosys ecosystem, all products are interconnected through a Central Yield Aggregator, aptly named APYCloud. A designated proportion of protocol fees is allocated to the APYCloud, which aggregates and redistributes these fees as sustainable yields to Governance participants, ensuring a consistent return across all market conditions.
The Ēnosys ecosystem is governed through a decentralized governance mechanism, wherein key decisions, including adjustments to protocol parameters, the introduction or removal of products and features, and modifications to product fees, are facilitated through the creation and voting of governance proposals by holders of the ecosystem’s governance tokens.
Governance tokens are essential for creating and voting on proposals through the Governance Staking mechanism. By staking these tokens, users can earn a yield, which is aggregated by APYCloud.
Mainnet Ecosystem Governance Tokens:
Apsis (APS) serves as the primary governance token within the mainnet ecosystem, and it is disseminated to the community as a primary reward token for active participation in the ecosystem. The token’s maximum supply is capped at 15,000.
Helion (HLN) serves as the secondary governance token within the mainnet ecosystem, boasting a capped maximum supply of 150 million. Notably, 30 million HLN will be allocated to the community over a 12-month period, contingent upon their active participation within both ecosystems.
Innovative Ecosystem Governance Tokens:
Songbird Finance (SFIN) serves as the premier governance token within the Experimental ecosystem, where it is disseminated to the community as a primary reward for active participation. The token’s maximum supply is capped at 11,000.
Experimental Finance (EXFI) serves as the secondary governance token, with 40 million units having been disseminated to the community through an airdrop. The maximum supply is capped at 110 million, although the total supply stands at 96.5 million, following the deliberate burning of 13.5 million tokens.