The Hive Graph
Supported access levels : Worker < drone < Queen
Every HiveProfile manages its hive-graph, a list of gated-connections with other profiles on the framework. These connections are ranked based on their type, with the supported types being worker, drone and Queen , ranked as following -
Worker < Drone < Queen
A user can charge dollar denominated amount for each connection type, which are settled on a monthly basis, with HIVE being transferred from the HiveProfile who took the connection to the user'sHiveProfile.
The number of HIVE tokens to be transferred are calculated via a built-in HIVE <> USDC TWAP oracle.
Here's a brief overview on different connections types supported -
Worker Bee level - The base access level. It is expected that users will charge 0 value for this access, similar to "follow" feature available on other platforms.
Drone Bee Level - The 2nd access level. Users with drone level access will automatically get access to any feature available for worker level users.
Queen Bee Level - The highest access level. Users with this level access will automatically get access to any feature available for drone level users and below.
This hive-graph can be used as a foundational element by third-party apps to enable peer-to-peer (P2P) interactions and gaming experiences via dapps built on top of the DegenHive's identity framework.
Features and Capabilities
DengenHive's identity framework supports the following features which use our tiered connections as following -
Marketplace listings for HiveAsset NFTs can be restricted for users with access level of a certain type, or can be given additional discount per a certian access level.
Users who have their own dynamic NFT collections on the platform can -
Restrict access to their HiveAsset mints for users with access level >= a particilar type.
Give discount to users with access level >= a particilar type on their HiveAsset mints
Restrict access or give discount for HiveAsset NFT upgrades
Royalty fees on the hive-graph
Royalty fees is charged on connection payments which are distributed as following -
Governance Yield: Distributed proportionally to profiles based on their active-power.
Treasury: Funds can be allocated through governance-approved proposals.
Burn: A portion of the fees is burned, gradually reducing the total HIVE supply.
Payments in HIVE
Automatic Deductions: The balance of HIVE in a user's HiveProfile is automatically utilized for monthly connection payments. The amount of HIVE charged is calculated using the HIVE to USDC exchange rate, determined by the protocol’s built-in TWAP oracle.
Connection Changes (For Subscribers)
Modifications: Subscribers have the flexibility to change or cancel their connection levels at any time. Adjustments are processed immediately to ensure that subscribers are not overcharged when upgrading their subscription.
Connection Pricing Updates (For HiveProfile Admins)
Price Decreases: Should the connection prices be reduced, subscribers are automatically transitioned to the new, lower rate at the time of their next renewal, without any required action on their part.
Price Increases: In the case of price increases, subscribers must explicitly agree to the new rates in order to continue their connection under the adjusted pricing.
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