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WINGS Token (wHELENA)
WINGS is an index-adjusted wrapper for HELENA.
WINGS is an index-adjusted wrapper for HELENA. Unlike your HELENA balance, your WINGS balance will not increase over time. When WINGS is unwrapped, you receive HELENA based on the latest (ever-increasing) index, so the total yield is going to be the same in either case if you hold HELENA or WINGS Token in your wallet.
Initially, WINGS was planned to be distributed with Dutch Auctions under the β€œAuction Bonding” system. However, we are now also considering adding extra staking, or farming features bound to the WINGS token. On the other hand, Helena Club House may come up with an hourglass type of in-house games or token lockers with a certain lock period to take the traditional compounding to the next level: double layer compounding with multiplying rewards.
Taxation and Trading
Wrap, Unwrap, Transfer: NO TAX
Buy, Sell from WINGS/BNB Pair: Trade Tax applies but trading WINGS through swap is not advised as the Liquidity Pair is not supported by the TEAM.
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