Core Entities

Understanding the primary components of the BeeHive Protocol is essential to grasping how the system operates. The protocol comprises several key entities:

  • Bees: This is a multiplier of the PLS Token

  • Flowers: This is a multiplier of the PLS Token with Different multiplier values

  • Hive: The collective pool where all staked tokens are stored. The Hive determines the Return on Investment (ROI) based on the overall participation and activity within the protocol.

  • Honey Token: The native cryptocurrency of the BeeHive Protocol. Honey Tokens are earned by participants and can be used within the ecosystem for various purposes, including staking, selling, or claiming rewards.

  • Beekeepers: Entities or users who stake their Honey Tokens. Beekeepers help in maintaining the liquidity and stability of the Hive, earning rewards for their participation.

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