Heleum is an automated app that grows your money over the long-term by letting it float into rising currencies.
Heleum intelligently and automatically invests their user’s funds on their behalf - making returns by algorithmically taking positions in varying currencies based on volatility, spreads and other market conditions.
To join Heleum you must have an account on Uphold.com. phold 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.
How does Heleum work?
Heleum divides a user's available funds into "balloons." A balloon is released when its funds are moved to another currency.
Heleum watches the exchange rates between currencies and moves the funds inside a balloon when it's most advantageous.
When it becomes most advantageous to move back to the base currency, this forces the balloon to "pop" and realize the overall gain.
You can read more about Heleum here.