Honeycomb Stage 9

At the time of composing this medium post, “Garbage Can” has collected 587 $HONEY, making actual circulation to be 26,013 $HONEY.

Honeycomb Stage 9

Date of implementation: Est 15 Feb 2021, 14:00, GMT+8 timezone

Block height: From #11,860,000 (See countdown here)

Time Period: Est 4 weeks

7.2% of total supply, linearly distributed

• 6,840 HONEY to be farmed
• 360 HONEY team dev fee

Pools:

UNI-V2 LP Pools (Get LPs from respective pools on Uniswap):

• HONEY : ETH (4x)
• HONEY : USDC (2x)
• COS : USDC

hTokens Pools (Get hTokens by participating in Honey Jar):

• hUSDT (ERC20) (2x)
• hUSDC (ERC20) (2x)
• hDAI (ERC20) (2x)

Asset Pools (Deposit any of the following cryptos into Honeycomb):

• HONEY (3x)
• yUSDT (2x)
• WBTC (2x)

Honey Jar

Honey Jar automatically farming the highest yield available from the various De-Fi protocols, and optimizes the yields using the latest farming techniques for stablecoins such as USDT, USDC and DAI.

Refer to Stage 5 for details on how to farm $Honey via Honey Jar, fees and withdrawal process.

VERY IMPORTANT : Withdrawal for Honeycomb

In order to control the circulation of existing HONEY, ALL mined HONEY (including yield from prior stages) will not be automatically withdrawn from the system upon “Deposit” or “Withdraw”. Instead, users will have to withdraw HONEY manually. Upon any HONEY withdrawal request, worker bees will be subjected to either

• A: Timelock for 72 hours before they can do a 100% withdrawal, OR
• B: Immediate withdrawal, but will only receive 60%. The remaining 40% will be destroyed.

Common Questions

Is Honey Jar Audited?

• Security is important to us and we have reasonably tested that everything works on the testnet. The contracts are all available at https://github.com/HoneyFinance.
• Honey contract for farming is unaudited, so please read through the contract before putting your LP tokens at stake!

Everything is in BETA, please use at your own risk.

To farm Honey, visit https://myhoney.finance/

Twitter: https://twitter.com/myHoneyFinance

Discord: https://discord.gg/uVFuK6x