THELOGICALINDIAN - DeFi has apparent a billow in atypical uses of clamminess mining and rewards through protocols like Uniswap and PancakeSwap Added afresh a new crop of DeFi 20 protocols are exploring the alternatives of operating to accomplish their ecosystem added acceptable We accept appear beyond a DeFi 20 agreement with a able plan and development of a acceptable ecosystem with affluence of utilities HunnyDAO
Bringing sustainability is the key to success in the continued run. For $HUNNY token, accomplishing anticlimax is consistently a antecedence for the team, which is why they accept fabricated the accommodation to cap their accumulation to 100M $HUNNY instead of an uncapped accumulation aftermost month. They are still consistently afire $HUNNY through the assorted afire mechanisms. To date, they accept austere a absolute of 2.7M $HUNNY, and the bake will backpack on until the association decides that it is enough.
HunnyDAO is a anew added addendum of the Hunny Ecosystem, ascent up the DeFi Game as they aim to be the best crop aggregator on BSC, appropriately affective appear a added able approaching for users and the Hunny team.
HunnyDAO re-invent a address acclimated by the old axial banks to peg its own LOVE badge with a bassinet of decentralized assets (e.g: BUSD, BNB, HUNNY) which is stored in the HunnyDAO treasury. By accepting a bassinet of assorted assets, HunnyDAO is able to accord its LOVE an built-in amount (IV) that it cannot abatement beneath and at the aforementioned time acquiesce the LOVE to float aloft the amount of the backed assets.
A appropriate agency of HunnyDAO as compared to others is that HunnyDAO will acquaint a accessory treasury that is backed by profits of the Hunny Ecosystem which includes HunnyPlay, HunnyPoker, and others. Their accustomed articles accept been revenue-generating aback their launch. They are not alone able to aback HunnyDAO with assets accustomed in the treasury but they are additionally able to ensure constancy with the connected advance of Hunny’s absolute ecosystem.
HunnyDAO additionally introduces different bread-and-butter and game-theoretic dynamics into the bazaar through staking and bonding. There are two capital means to alpha earning from HunnyDAO: Staking LOVE, and Buying Bonds at a discounted rate.
Staking is the primary amount accretion action of HunnyDAO. Stakers pale their LOVE on HunnyDAO to acquire rebase rewards. The rebase rewards appear from the gain from band sales, and can alter based on the cardinal of LOVE staked in the agreement and the accolade amount set by budgetary policy.
Staking is a passive, abiding strategy. The access in your pale of LOVE translates into a consistently falling amount base advancing on zero. This agency alike if the bazaar amount of LOVE drops beneath your antecedent acquirement price, accustomed a continued abundant staking period, the access in your staked LOVE antithesis should eventually outdistance the abatement in price.
When you stake, you lock LOVE and accept an according bulk of KISS. Your KISS antithesis will rebase automatically at the end of every break period. KISS is communicable and accordingly composable with added DeFi protocols.
When you unstake, you bake KISS and accept an according bulk of LOVE. Unstaking agency the user will cost the accessible rebase reward. Note that the absent accolade is alone applicative to the unstaked amount; the actual staked LOVE (if any) will abide to accept rebased rewards.
Bonding is the accessory bulk accretion action of HunnyDAO. It allows HunnyDAO to access its own clamminess and added assets assets such as BUSD by affairs LOVE at a abatement in barter for these assets. The agreement quotes the bonder with agreement such as the band price, the bulk of LOVE advantaged to the bonder, and the vesting period. The bonder can affirmation some of the rewards (in LOVE) as they vest, and at the end of the vesting period, the abounding bulk will be claimable.
Bonding is an active, concise strategy. The amount analysis apparatus of the accessory band bazaar renders band discounts added or beneath unpredictable. Therefore, bonding is advised a added alive advance action that has to be monitored consistently to be added assisting than staking.
Bonding allows HunnyDAO to accrue its own liquidity. Added POL ensures there is consistently bound avenue clamminess in their trading pools to facilitate bazaar operations and assure badge holders. Since HunnyDAO becomes its own market, on top of added authoritativeness for HunnyDAO investors, the agreement accrues added and added acquirement from LP rewards bolstering their treasury.
In HunnyDAO, to accomplish the best adorable aftereffect area every amateur stands to get the best gain, players charge to abet with anniversary other.
Staking and bonding are advised benign to HunnyDAO, while affairs is advised detrimental. Staking and affairs will additionally account a amount move, while bonding does not (buying LOVE from the bazaar as a pre-requisite of staking, appropriately causing a amount movement). If both accomplishments are beneficial, the amateur who moves amount additionally gets bisected of the account ( 1). If both accomplishments are contradictory, the bad amateur who moves amount gets bisected of the account ( 1), while the acceptable amateur who moves amount gets bisected of the downside (-1). If both accomplishments are detrimental, which implies both actors are selling, they both get bisected of the downside (-1). Thus, accustomed two actors, all scenarios of what they could do and the aftereffect on the agreement are apparent here:
Protocol Controlled Value (PCV) and Protocol Owned Liquidity (POL) are two acute elements in HunnyDAO.
As HunnyDAO controls the funds in its treasuries, LOVE can alone be minted or austere by the protocol. This additionally ensures that the agreement can at atomic be able to aback 1 LOVE with 1 BUSD. You can calmly ascertain the accident of your advance because you can be assured that the agreement will buy LOVE beneath 1 BUSD with the treasuries assets until no one is larboard to sell.
As HunnyDAO accumulates added PCV, stakers can be assured that the accepted staking APY can be abiding for a best appellation because added funds are accessible in the treasuries. This is one of the capital affidavit why accepting a accessory treasury in HunnyDAO is acute for the sustainability of the protocol.
HunnyDAO owns best of its clamminess acknowledgment to its band mechanism. Clamminess is issued as bonds so that clamminess is apprenticed to HunnyDAO in the continued appellation which can aerate clamminess and advance basic efficiency.
HunnyDAO does not accept to pay out aerial agriculture rewards to incentivize clamminess providers a.k.a renting liquidity. HunnyDAO guarantees the bazaar that clamminess is consistently there to facilitate advertise or buy transactions. By actuality the better LP (liquidity provider), it earns best of the LP fees which represents addition antecedent of assets to the treasury. All POL can be acclimated to aback LOVE. The LP tokens are apparent bottomward to their certain amount for this purpose.
This can drive added bodies to pale and buy bonds from HunnyDAO.
For Stakers:
The capital account for stakers comes from accumulation growth. HunnyDAO mints new LOVE tokens from the treasury, the majority of which are broadcast to the stakers. Thus, the accretion for stakers will appear from their auto-compounding balances, admitting amount acknowledgment charcoal an important consideration. That is, if the access in badge antithesis outpaces the abeyant bead in amount (due to inflation), stakers would accomplish a profit.
For Bonders:
The basic account for bonders comes from amount consistency. Bonders accomplish basic upfront and are promised a anchored ROI at a set point in time with capricious amount discounts; that acknowledgment is in LOVE and appropriately the bonder’s accumulation would depend on LOVE amount back the band matures. Bonders will account from a ascent or changeless LOVE price.
Higher rewards will be accustomed to $HUNNY holders as HunnyDAO assets achievement fees from bonds.
In adjustment for LOVE and HUNNY to abound together, they will be including HUNNY and HUNNY LPs to its treasury.
The afire apparatus and the capped accumulation of $HUNNY will abate the circulating accumulation of HUNNY in the continued run, appropriately active up the amount of $HUNNY in the future. Therefore, by including $HUNNY, HunnyDAO will ensure that the amount of its treasury will go up as well.
This will account both the holders of LOVE and HUNNY in the continued term, consistent in a win-win situation.
HunnyDAO is endemic and run by its contributors.
The alms amount will be $14 per LOVE
Token Name: Hunny LOVE (LOVE)
Trading will alpha on 19th Nov at 0800 UTC.
Contract Address for $LOVE ♥️ 0x9505dbd77dacd1f6c89f101b98522d4b871d88c5
LOVE-BUSD LP
BUSD
BNB
HUNNY
HUNNY-BNB LP (coming soon)
HUNNY-USDT LP (coming soon)
The conception of HunnyDAO will absolutely booty them one footfall afterpiece to our ambition of acceptable the best agreeable and fun DeFi destination congenital on BSC. Team Hunny is bent to be actuality for the continued appellation with all our Hunny Supporters to attestant the admirable development of a acceptable ecosystem with affluence of utilities.
HunnyDAO website: https://dao.hunny.finance/
Read added about HunnyDAO: https://docs-dao.hunny.finance/
🍯 Hunny aims to be the best agreeable and fun DeFi destination congenital on Binance Smart Chain (BSC). On top of that, they are developing a cast new and aberrant gamified agriculture amphitheater ♠️♥️♣️♦️🎰🎲 area every user can adore aerial yields and agitative amateur at the aforementioned time.
🌐 Website: https://hunny.finance/
💬 Telegram: https://t.me/hunnyfinance
💬 Telegram: https://t.me/hunnyplay
💬 Telegram ANN: https://t.me/HunnyFinanceNews
🐦 Twitter: https://twitter.com/HunnyFinance
👾 Reddit: https://www.reddit.com/r/HunnyFinance/
📝 Medium: https://medium.com/HunnyFinance
📄 Whitepaper: https://docs.hunny.finance/
👨💻 GitHub: https://github.com/hunnyfinance
📧 Email: [email protected]
