Helis Network

Helis Network

Helis is creating products for the next generation of businesses to make using blockchain easier and practical.

HQ location
Sydney, Australia
Launch date
Employees
Enterprise value
$2—3m
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Helis Network operates as a blockchain service project focused on the decentralized finance (DeFi) sector. The company's primary objective is to build an ecosystem of DeFi products tailored for enterprise clients. It aims to simplify the complexities associated with decentralized finance, making solutions like lending, derivatives, payments, stablecoins, and decentralized exchanges more accessible to businesses.

The core of Helis Network's business model is a four-layer architecture designed to provide a comprehensive DeFi solution. The 'Product Layer' consists of decentralized applications for end-user interaction, with an initial product, Payroll, being utilized by companies such as NEXO and Kyber Network. The 'Aggregator Layer' provides an interface for smart contracts to create liquidity for business loans. The 'Protocol Layer' enables the use of smart contracts for executing tasks like lending and exchanges, while the base layer underpins the entire structure.

To facilitate its ecosystem, Helis Network introduced the HELIS Token, an ERC-20 utility token on the Ethereum blockchain. The token serves multiple functions within the network, including paying for service fees, staking, and participating in the governance of the protocol through voting. This model seeks to create a self-sustaining and community-governed financial ecosystem. One of the key problems Helis addresses is the technical and financial complexity of DeFi products, aiming to provide a user-friendly and integrated platform that offers global accessibility, transparency through smart contracts, and cost-effective services by removing intermediaries.

Keywords: Decentralized Finance, DeFi for business, blockchain services, crypto payroll, DeFi ecosystem, smart contract solutions, enterprise blockchain, HELIS token, crypto lending, crypto payments, decentralized exchanges, aggregator layer, protocol layer, ERC-20, staking, governance token, Kyber Network, NEXO

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