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HoneyComb Finance

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The total fiat value of assets in a dapp's smart contracts
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News

Germany's Sparkassen Group Begins Cryptocurrency Trading Rollout

Germany's Sparkassen savings bank group is starting a phased rollout of cryptocurrency trading within its existing banking app, beginning on October 19, 2023.
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Gustavo Mendoza

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.
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Rajesh Kumar

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.
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Miguel Rodriguez

What is HoneyComb Finance?

HoneyComb Finance — a multi-level farming project with deflationary tokenomics and enhanced features from previous HoneyFarm layers.

Contents:

HoneyComb Finance - an investment strategy on the blockchain

Description of the HoneyComb Finance platform

For HoneyComb, the team will focus on various features to help users to design their own revenue streams strategically. Along with unique features, this will create a wide range of ecosystems, where HoneyFarm native tokens will be used and burned. The team assures that HoneyComb has a nice new change.

Work features:

1. Pool betting — one of the easiest ways to start earning COMB. There is no risk of irreparable loss.
2. HoneyComb balances the risk/reward ratio so you can choose the one that best suits your needs.
3. In HoneyComb, users can double farm COMB and CAKE at the same time. Dual farming is effective for non-native token pools like USDT single pool, BNB-BUSD etc.

When users deposit with HoneyComb, a 3% fee is charged. Farms and pools, associated with $COMB, do not charge any deposit fees. 40% will be used for advertising, infrastructure and development fees. 60% deposit fee will be used for Royal Jelly and NFT Jelly. The project has implemented a referral program to encourage users to invite friends to join the farm. Inviters can receive 3% of the earnings of friends.

HKP system

HKP — HoneyComb's unique buyback mechanism that incentivizes holders with better benefits and also effectively reduces COMB turnover.

At the end of the blocking period, each applicant (wallet) will be randomly selected and the applied amount will be redeemed.HoneyComb Finance

Random selection is taken into account in every application. In case the selected wallet has invested less than the current ransom amount, the smart contract conducts another draw and selects another wallet for the ransom. This happens until the buyback amount of the current era runs out. In the event that more than the current ransom amount is used in the selected wallet, only the current amount will be redeemed and the rest of the honey will be returned to the participant.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.