Why Join The Bees part 2 | SocialBees | BHNY | SBU DAO
Take a look at the most recent video from BEES.Social and make sure to Subscribe to the BEES.Social Youtube Channel Here at BEESSocialTV
Why Join The Bees part 2 | SocialBees | BHNY | SBU DAO
Why Join The Bees part 2 | SocialBees | BHNY | SBU DAO
#SocialBees #BHNY #DAO
In this example, we will look at what could happen if 20 million BHNY tokens were traded in a day. And, for this example, we will assume that 1 BHNY token has a value of $1.00.
As we said in Part 1, the 20 million BHNY tokens would encounter a 10% transactional tax which equals 2 million BHNY tokens
Of that 2,000,000 tokens, 800,000 BHNY tokens, which is 40% of the 2 million,
would go into the SBU DAO Treasury
30% of the 2 million tokens which equals 600,000 BHNY tokens would go to the Honey pot storage, is paired with wPE, and added to Honey pot liquidity.
When the 10% tax occurs, if there is not any wPE to pair with it, the 600,000 BHNY tokens will simply be sent to the burn address and be burned.
20% of the 2 million tokens which equals 400,000 BHNY tokens would be rewarded to the queens. Half of the rewards would go to the Royal Queens pool and the other half would go to the Princess Queens pool. Therefore, 200,000 BHNY tokens would be evenly split among the 220 Royal Queens which means each Royal Queen would receive about 909 BHNY tokens. 200,000 BHNY tokens would be evenly split among the 660 Princess Queens which means each Princess Queen would receive about 303 BHNY tokens. Therefore, financially for that day, each Royal Queen would receive $909 and each Princess Queen would receive $303.
And finally, 200,000 BHNY tokens, which is 10% of the total collected, will be sent to the burn address and destroyed.
Why Join The Bees part 2 | SocialBees | BHNY | SBU DAO
#SocialBees #BHNY #DAO
In this example, we will look at what could happen if 20 million BHNY tokens were traded in a day. And, for this example, we will assume that 1 BHNY token has a value of $1.00.
As we said in Part 1, the 20 million BHNY tokens would encounter a 10% transactional tax which equals 2 million BHNY tokens
Of that 2,000,000 tokens, 800,000 BHNY tokens, which is 40% of the 2 million,
would go into the SBU DAO Treasury
30% of the 2 million tokens which equals 600,000 BHNY tokens would go to the Honey pot storage, is paired with wPE, and added to Honey pot liquidity.
When the 10% tax occurs, if there is not any wPE to pair with it, the 600,000 BHNY tokens will simply be sent to the burn address and be burned.
20% of the 2 million tokens which equals 400,000 BHNY tokens would be rewarded to the queens. Half of the rewards would go to the Royal Queens pool and the other half would go to the Princess Queens pool. Therefore, 200,000 BHNY tokens would be evenly split among the 220 Royal Queens which means each Royal Queen would receive about 909 BHNY tokens. 200,000 BHNY tokens would be evenly split among the 660 Princess Queens which means each Princess Queen would receive about 303 BHNY tokens. Therefore, financially for that day, each Royal Queen would receive $909 and each Princess Queen would receive $303.
And finally, 200,000 BHNY tokens, which is 10% of the total collected, will be sent to the burn address and destroyed.
What are Liquidity Pools and Liquidity Providers
Watch this video at BEES.Social
Watch more Liquidity Pools and Liquidity Providers
Videos here Yield Farming Guide