Let your money move you.Accelerate your savings with Heleum.
What Is Heleum?
Heleum is an automated app that grows your money by letting it float into rising currencies. First, you create and add money to an account on Uphold.com. Uphold is an online wallet that helps you store your money in many different currencies. Then, you allow Heleum to access your account. Heleum will instruct Uphold to trade bits of your money into other currencies. Heleum later converts your money back into dollars, plus whatever gains it has earned for you.
*In development. Subject to change.
How does it work?
- Heleum divides a user's available funds into "balloons." A balloon is released when its funds are moved to another currency (national and crypto).
- Heleum watches the exchange rates between currencies and moves the funds inside a balloon when it's most advantageous.
- Moving between multiple currencies produces a relative gain (small or large) automatically. This causes balloons to float higher and higher as the overall gain increases.
- When it becomes most advantageous to move back to the base currency, this forces the balloon to "pop" and realize the overall gain.
- Balloons are prevented from popping if the overall gain, minus exchange fees, is less than 2%. For this, a balloon may stay inflated for as little as 40 seconds, or as long as 40+ days. On average, balloons have stayed inflated for ~20 days, during which funds are being moved through multiple currencies, and have produced gains of ~8%.
- Instead of exchanging in regular binary pairs (eg. US dollar to British pound, and back to US dollar), your funds follow paths like: US dollar to bitcoin to euro to bitcoin to yen, and back to US dollar, with strong relative gains at each step.
- You may withdraw funds from popped balloons or leave them in your account to fill new balloons that will continue to launch and pop automatically. Withdrawing funds before balloons are popped will return funds from the currently highest floating balloon first, but may also prevent a balloon from achieving its goal of, at minimum, a 2% gain. It may even force a loss from the lowest currently floating balloons.
Which currencies do we use?
The US Dollar, Euro, and British Pound Sterling make up the majority of global currency trading volume.
With record growth in recent months and years of strong volatility, these new currencies mark a change in the future of money and financial services.
13 more of the top-traded and used currencies worldwide round off our list and make it easy for balloons to protect their gains.