Tokens

$DNA - Helix Finance Governance Token

Contract: 0x68cd2968963DC227F49D290BFb3B2581017c2F7b

$DNA token is designed to be pegged to the Matic network native token. The built-in stability mechanism in the protocol aims to maintain DNA's peg to 1 $USDC token in the long run.

Note that $DNA actively pegs via the algorithm, it does not mean it will be valued at 1 $USDC at all times as it is not collaterized . $DNA is not to be confused for a crypto or fiat-backed stablecoin.

$RNA - Helix Finance Shares

Contract: 0xCA6093Df65543837efbd5CB12b7f7eD7a80c36a2

$RNA tokens are one of the ways to measure the value of the Helix Finance Protocol and shareholder trust in its ability to maintain $DNA close to peg. During epoch expansions the protocol mints $DNA and distributes it proportionally to all $RNA holders who have staked their tokens in the boardroom.

$RNA holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Helix Finance ecosystem.

$BNA - Helix Finance Bond

Contract: 0x111017eC31b5d1caCf525C202499Ae8806392a8B

$DNA Bonds ($BNA) mainly help incentivize changes in $DNA supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of $DNA falls below 1:1 USDC, $BNA are issued and can be bought with $DNA at the current price.

Exchanging $DNA for $BNA burns $DNAtokens, taking them out of circulation (deflation) and helping to get the price back up to peg. These $BNA tokens can be redeemed for $DNA when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for $DNA when it is above peg, helping to push it back toward 1 $DNA:1 $USDC ratio.

Contrary to early algorithmic protocols, $BNA do not have expiration dates. All holders are able to redeem their $BNA for $DNA tokens as long as the treasury has a positive $DNAbalance, which typically happens when the protocol is in epoch expansion periods.