This database is used for agglomerating information and research done by the Honey team, to better allow for the community to access all the available information. Of course none of this is considered financial advise and do your own research. Cryptocurrencies and DeFi protocols are to be invested at your own risk. Honey labs and Honey DAO hold no responsibility over any loses incurred by any individuals.

This page contains 3 separate parts detailing Honey Genesis Bee information:

🪙 Liquidity Mining

Half of the entire protocol's liquidity mining program (half of 150 million tokens) is allocated to Honey Genesis NFTs. This means the NFTs yield HONEY minted from the initial supply which can be vested for all of the veHONEY benefits.

75,000,000 $HONEY distributed to all staked NFTs over 2 years.

If all NFTs are staked, maximum dilution would result in 10.27 $HONEY per day per NFT.

<aside> ℹ️ HIP#3 extended the previous 2-year liquidity mining program to continue with a yearly halving schedule. This means total yield per NFT is now ~ 11.25k instead of 7.5k $HONEY.

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🧪 Alpha Program

Honey's alpha program is designed to make the Honey NFT holders the most innovative DAO in DeFi, by building and creating experimental features made accessible exclusively to Honey NFT holders.

Experimental yield vaults: DeFi and arbitrage strategies can be created by the members

Airdrops: New NFT experiments from the team (such as yield bearing NFTs, LP NFTs, veNFTs, and other financialised NFTs) are airdropped to members of the alpha program.

To enroll, you must hold an NFT and react with the 🧪 emoji in the welcome message on the discord.

🎨 NFT vs Token Benefits

<aside> ℹ️ Key: ✅  Direct Access ✔️ : Indirect Access ❌ : No Access

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*NFT stakers receive the $HONEY token during a 2-year liquidity mining program, and can thus opt-in to any of the benefits of token stakers. This indirect benefit is labeled ✔️