HIVE == Energy

Overview

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.

Supply Distribution

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.

Utility and Use-Cases

HIVE tokens are integral to the ecosystem with four primary uses:

  1. Liquidity Incentives: Post-launch, HIVE tokens are distributed to the community primarily through incentives for liquidity providers who supply liquidity to various pools.

  2. 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.

  3. 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.

  4. AI api access fees: HIVE will be used for AI API access payments

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