HoneyFarm Finance - HoneyBee — a multi-level delegated farming project with deflationary maximum supply tokenomics at previous levels.
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Description of the HoneyFarm Finance - HoneyBee
The proprietary Layer 3 token, MOON, will stop issuing in the final block: 11832800, and the native Layer 4 token, BEE, will soon begin issuing in block 0000. HONEY, BEAR and MOON will help to farm BEE. The cool thing is that BEAR and MOON holders can purchase BEE before the official start of Layer 4 through Pre-IHO. At Layer 4, the HoneyFarm team will focus on building a strategic alliance with multiple partners through features like IHO to create a wide range of ecosystems where HoneyFarm's own tokens will be used and burned.
Other features:
| 1 | Deposit BEE and receive Royal Jellies. |
| 2 | Lowest commission automatic compounding vault to be used for BEE buyback. |
| 3 | The platform provides continuous profits for token holders. |
When users deposit to HoneyFarm Layer 4 - HoneyBee, there is a 3% deposit fee. Farms and pools, associated with $ BEE & $ MOON & $ BEAR & $ HONEY, do not charge any deposit fees. 40% will help with the advertising, infrastructure and development fees. 60% of the deposit fee will help to redeem Royal Jelly and NFT Jelly.
When a wallet places an LP token on a farm, the HoneyFarm smart contract then delegates those tokens to its farms on the PCS. When the wallet withdraws LP tokens from the farm, LP tokens are also withdrawn from the PCS by contract.
More about defi app and smart contract
The crypto defi developers provide an introductory document. It contains general information and rules of work. The RoadMap section marks future updates. There is also a Medium blog, where news articles are available.
Available social networks:
There are already more than 14,000 participants there. The smart contract audit is available here.