Workflow and Participation Mechanics

The BeeHive Protocol operates on a cycle-based system, where each cycle lasts one day. Participation and rewards are managed through a series of steps:

a. Initial Participation Requirements

• Minimum Investment: To participate in the BeeHive Protocol, users must hold a minimum of 100K PLS tokens. PLS is a prerequisite for participating in the protocol's activities.

b. Purchasing Flowers and Bees

• Buying Flowers: Users purchase flowers, selecting from different types available. The type and number of flowers influence the amount of tokens required for participation and determine the user's Hive share allocation.

• Buying Bees: Users also buy bees, essential for pollination activities within the protocol. The number of bees purchased affects the token payment and Hive share assignment.

c. Cycle Completion and Rewards

• Cycle Duration: Each participation cycle lasts 1 day.

• Earning Honey Tokens: Upon the completion of a cycle, participants receive their earned HONEY Tokens based on their Hive share and the cycle’s performance.

d. Honey Token Claiming Options

Participants can manage their earned Honey Tokens:

• Claim HONEY: Directly claim the earned Honey Tokens to your wallet. Exchange the Honey Tokens on a Decentralized Exchange for other cryptocurrencies or Stake in Beekeeping.

Note: The user won’t be able to claim the HONEY Token for the first 3 days.