> For the complete documentation index, see [llms.txt](https://docs.powercity.io/beehive/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.powercity.io/beehive/workflow-and-participation-mechanics/honeycomb-elite-exclusive-long-term-incentive.md).

# HONEYCOMB ELITE: Exclusive Long-Term Incentive

Nectar Burn is the deflationary protocol that reduces the circulating supply of HONEY through a recurring buy-and-burn mechanism.

Key Mechanics:

1\. Eligibility Criteria

&#x20;    ○ To qualify, users must stake a minimum of 10,000 HONEY tokens for the

maximum duration (1,869 days).

&#x20;    ○ This must be done between Day 1 and Day 365 of the protocol’s launch.

2\. Ticket Issuance

&#x20;    ○ Each eligible stake earns 1 HoneyComb Elite Ticket per 10,000 HONEY.
