HIVE == Energy
Last updated
Last updated
HIVE tokens serve as the energy reservoir for dragon-bees within DegenHive. They can be locked with dragon-bees for up to four years, enabling them to accumulate energy points and earn a share of the HIVE redistributed through protocol-driven buybacks.
The total supply of HIVE tokens is capped at 1 billion, allocated as follows:
45% reserved for liquidity provider (LP) incentives.
30% allocated to the team and early backers, subject to a vesting period of 1-3 years.
15% earmarked for bootstrapping and launch initiatives.
5% set aside for the protocol treasury.
5% designated for genesis dragon-bee eggs.
HIVE tokens are integral to the ecosystem with four primary uses:
Liquidity Incentives: Post-launch, HIVE tokens are distributed to the community primarily through incentives for liquidity providers who supply liquidity to various pools.
Energy Accumulation: Locking HIVE with dragon-bees allows users to accumulate energy points crucial for the vitality and functionality of their dragon-bees, also enabling them to earn more HIVE as rewards.
Directing HIVE emissions: Users can leverage the energy points of their dragon-bees to participate in and vote on the distribution of HIVE emissions across different AMM pools.
