BEEs : Meme-coin
BEE meme-coin fueling creation and curation of open datasets on the Social-Graph
BEE is DegenHive’s native meme-coin, implemented as a closed-loop token designed to incentivize activity across the protocol. It features a deflationary model with a 3% burn tax applied to every transfer.
Key utility and use-cases
Engagement Rewards: BEE tokens are earned as rewards for both content creation (posting buzzes) and content curation (like, comment) activities and for engaging with Honey Stream content.
Deflationary Supply: The 3% burn tax on transfers progressively reduces the circulating BEE supply over time and offsets new BEE being introduced in circulating supply as incentives
Long-Term Sustainability
Similar to HIVE tokenomics, recurring Honey-Stream auctions generate revenue in SUI on the Sui network and in MOVE on Movement’s M2 chain which are added as to SUI-BEE and SUI-BEE AMM pools with LP tokens being burnt, perpetually locking liquidity in these pools.
BEE Supply and Distribution
BEE has a fixed maximum supply of 420 billion tokens. At launch, 20% of total SUI collected during infusion phase are paired with 15% of the BEE supply and added to the AMM pool, with LP tokens being burnt forever ensuring sustained liquidity in the pool. Overall BEE supply distribution is as follows:
Bootstrapping SUI - BEE Pool (15%): 15% of the BEE supply along with 20% of the SUI deposited during phase 2 are used to bootstrap the BEE-SUI AMM pool, with corresponding LP tokens being permanently burned perpetually locking liquidity in the pool.
Infusion Participation incentives (15%): Allocated among users participating in the second phase of the protocol launch based on their pro-rata share of SUI deposit.
Time-Stream Incentives (20%): Engagement with honey-streams are incentivized as they help power the protocol’s sustainable economic model through a Lock-and-Burn model.
Treasury (50%): Accessible via protocol governance to fund growth initiatives on DegenHive.
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