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  • About Us
    • The Team
    • Mission & Vision
    • Principles
  • Getting Started
    • 🧭 Navigation Through HeliSwap
      • Pools - Provide Liquidity to Existing Pool
      • Pools - Create a New Pool
      • Pools - Create a Pool with an ERC20 Token
      • Remove Liquidity
      • Swap
      • Yield Farming
    • Tutorials
      • 🔒 How to Get a HashPack Wallet
        • 👤 Create HashPack Account and Unique Hedera Address
        • 📱Using HashPack on mobile
        • 💸 Get Money in Your Wallet
    • 🔁 Port Tokens Through HashPort
      • 📶 Connect with HashPack on HeliSwap
    • FAQ
  • Tokenomics
    • $HELI Token
    • Token Allocation
    • Emission Schedule
  • HELI Claimdrops
    • HELI Launch Claimdrop
  • $HELI on Polygon
    • How to Bridge $HELI to Polygon
    • How to Provide Liquidity on QuickSwap
    • How to Stake your QuickSwap LP token into the MANTRADAO Yield Farm
  • Roadmap
  • Features
    • LP Tokens and Rewards
  • Loyalty Program
    • 1. Zealy Web3 Community
    • 2. Level-up in Discord
    • 3. Invite Friends to Discord, earn $HELI
  • Single Sided Staking (Phase 2)
  • Audit
  • Contracts
  • Bug Bounties
  • Archive
    • HBAR Pool Migration on May 29th
      • Step-By-Step Guide to Migrate Liquidity
    • HELI Community Lockdrop
  • Governance
    • DAO Guidelines
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On this page
  • What is HeliSwap?
  • How will HeliSwap work behind the scenes?
  • How is HeliSwap governed?
  • Has HeliSwap been Audited?
  • What wallets can I use for HeliSwap?
  • Will there be a HeliSwap token?
  1. Getting Started

FAQ

Previous📶 Connect with HashPack on HeliSwapNextTokenomics

Last updated 2 years ago

What is HeliSwap?

HeliSwap is an open-source decentralized exchange protocol, living in the Hedera ecosystem. It is the first Hedera DEX to support ERC20 token swaps, along with HBAR and HTS tokens.

HeliSwap V1 is a fork of Uniswap V2, inheriting Uniswap’s features and utilizing them through Hedera Hashgraph. Apart from Yield farming in V1, the roadmap includes exciting additions next to liquidity provision and swapping to be implemented for next version(s).

Built by LimeChain in partnership with MANTRA DAO and supported by The HBAR Foundation.

How will HeliSwap work behind the scenes?

HeliSwap utilizes the constant product Automated Market Maker formula, known well to all DeFi users:

x * y = k

Each HeliSwap pair manages a liquidity pool made up of two token reserves. They can be HBAR/HTS, HTS/HTS, HBAR/ERC-20 and HTS/ERC-20.

The constant product formula means the product of every two tokens x and y in a pool stays the same. This provides arbitrage opportunities, which ensure the price is continuously adjusted towards the current market price of the token pair.

How is HeliSwap governed?

Governance will be taken up by the DAO after its establishment in the coming months.

Currently, the only feature requiring governance is fee collection, which is turned off for the time being. Later on, the DAO members will decide on matters such as fee activation, additional protocol features and enhancements, grants etc.

Has HeliSwap been Audited?

HeliSwap was audited by Halborn. Apart from being AWS, Amazon and CISSP certified, Halborn is trusted across chains like Polygon, Solana, THORchain, and protocols such as Pangolin, MANTRA, SushiSwap and more.

No major issues were present in the , which freed up time for the team to continue building and preparing for launch.

Audit findings may not be visible, as the repo is private. It will be open sourced at launch.

What wallets can I use for HeliSwap?

HeliSwap V1 utilizes Hedera’s current most used and trusted wallet HashPack. Following HeliSwap’s ERC20 token support, the team is working hard to integrate other popular wallets in the coming months.

Will there be a HeliSwap token?

The $HELI token is coming soon. The team and partners are currently going through the final touches of tokenomics and conjuring exciting ways to provide value to users through $HELI. Information on $HELI tokenomics to be available soon.

For information on how to install and connect your HashPack wallet, please visit

audit findings
our tutorial
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