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What’s the BeeSwap? What is BEE token?

By Shannon Wilson | August 4, 2021

What’s the BeeSwap?

BeeSwap is a DeFi platform application based on the underlying governance architecture of NFT-DAO developed by HECO. Through scene and traffic empowerment, we will build an infrastructure integrating incubation games, high-quality NFT projects, and auction transactions.

BeeSwap is an Automated Market Making Decentralized Exchange based on the NFT-DAO underlying governance architecture, which is developed by ERC20.

BeeSwap is aimed to break the barrier between public blockchain. We open more cross-chain liquidity transactions, thus providing liquidity services to more customers. We also adopt CFMM system to realize automatic transaction and reward the LP, so that BeeSwap users can experience low renewal, low sliding point and efficient DEX platform services.

BeeSwap with NFT-DAO economic model is about to start.

NFT will likely become mainstream in the post-DeFi.The emergence of NFT introduced differentiated assets based on scarcity to DeFi,and also gives NFT commoditised value through financial means.BeeSwap with NFT-DAO economic model is about to start.Be wait and see!

Product

Worker Wider coverage of liquidity mininging

Users can birth NFT-BEE through cooperation token pledge. Such as HT、HUSD、USDT、ETH etc; Also can birth NFT-BEE through liquidity mining LP. Such as BEE-HUSD、BEE-USDT etc.

Store NFT-BEE Buy & Auction Platform

Users can use HT、BEE etc to buy blind boxes at a low price and get different types of NFT-BEE at random.Users can also use BEE directly bidding for NFT-BEE.

Farm Feed NFT-BEE to Get More BEE

Bee will be produced by NFT-BEE in the farm. The harvest and life span of NFT-BEE are different. Users can feed BEE to increase the harvest and life span of NFT-BEE.

NFT-DAO Efficient community governance system

90% of the BEE paid by community users in beeswap will be destroyed in the black hole address, and 10% in the governance fund. The fund is supervised by the community and managed by DAO. In the future, Beeswap NFT-Queen will initiate a proposal, and the BEE holders will vote, and the proposal can be used only after it is approved.

Token Model

The total amount of BEE is constant at 21 million pieces, and 10% is used for community incentives and ecological construction (It will be used for cooperative exchange platform coin mining, ecological partner token mining, and Bee ecological token mining, investment resource exchange, etc.), 90% is produced by mining.

Source: Coin Introduction <https://morioh.com/p/a0b169802ff1>

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