The chart above is a gif of top HELIOS buyers over the pat month!
Welcome to the HELIOS token update for May 20, 2022, here you may find the latest updated charts & statistics for our project.
We're excited to see an increasing level of organic growth in the HELIOS token over the past few weeks. The community has been getting more involved with our token over time, and for that we thank you! Trading has increased nearly 50%, due to the inflow of these new buyers and sellers the price has begun to rise back up after the past "Lassecrash dip" lol.
A majority of the trends have remained the same, the top buyers and sellers continue to dominate the charts, but more and more traders are filling up in-between. The HELIOS dev team has continued to focus on burning HELIOS tokens as well as supporting the price. @coininstant remains the biggest buyer and burner of HELIOS,while @lasseehlrs takes the cake as largest HELIOS token off-loader / distributer. We're not mad at that, actually we're happy that Lasse makes the dips, which gives people more opportunities to trade! The reason lasseehlrs has so much sway is becasue he received a little over 700 HELIOS initially, because he donated half a million Lassecash to our curator projects, and for that we thank him! We powered that lassecash into our lassecash.voter account, and now it curates Lassecash for the HELIOS community members, so everyone benefits in the form of lassecash thanks to lasseehlrs generous donation!
We're pleased to announce that HELIOS has burned 30,696!
@coininstant does the majority of the HELIOS burning. The reason being that he's the single largest delegating account, earning him a majority of the delegation rewards through his large delegation of nearly 50,000 HIVE. So to be fair, the dev team has chosen to burn all those rewards, or at least 95% of them so far.
(Above) we can examine the reward structure of the HELIOS token, minus the @coininstant, since that HELIOS all gets burned anyway. After @coininstant, @helios.dev is the next largest collector of rewards, so we will be increasing burns from that account also, and be burning at least 50% of that account's holdings.
Accounts burning the most HELIOS tokens!
There's only a max of one Million Helios tokens to ever be minted, and they are being burn't up fast! View Larger image here:
The goal of Helios is to create a strong coin for the community to use, we will never be dumping huge amounts on the market, instead of dumping we simply burn it to increase the value of all the remaining tokens. We vow to only sell very small amounts, with limit orders set way up high, and use at least 75% of those proceeds to build up the buy walls below.
Also 75% of everything created from the helios.voter account gets recycled back into bids for the HELIOS token. Even this post, once we receive the payout in 7 days, 75% of it will go directly into the hands of HELIOS community holders, via the market! This @helios.voter account is always powered down, so that the HIVE earned can be sent into the market every week. We also do investment activities on hive engine with our capital, in order to make more HIVE to put back into HELIOS. Everything in this account is owned by the community, in essence we're working for you! Eventually through our hard work this will snowball big enough to sustain the price to great heights, as long as we follow these simple rules, we're sure that HELIOS will continue to grow and exceed our wildest expectations.
This is always an interesting chart above. It shows the price levels, color coded by account (on the right) We have a mighty diverse group of HELIOS buyers here!
Finally, (below) is the daily price chart from hive-engine.com. HELIOS is at it again, making it's way back up to the previous highs, except this time it looks much stronger. There are a lot more accounts getting involved, and for that we thank everyone for their participation. I'm going to be analyzing these charts, and be distributing upvotes to the most active HELIOS supporters, thank you!
