HoneyGenesis NFT Benefits Explained: A True Utility NFT for the Bera Community
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HoneyGenesis NFT Benefits Explained: A True Utility NFT for the Bera Community
HoneyGenesis NFT is not just an ordinary collectible, but a valuable asset with multiple utilities.
Navigating Web3 tides with focused insightsIn the current crypto market, the NFT craze is gradually cooling down, with the core issue being the lack of practical use cases. Many NFTs serve merely as game entry tickets, used only to unlock characters or levels, leading to declining long-term player engagement. To change this situation, NFT applications must be linked with long-term incentive mechanisms to truly drive industry development.
HoneyGenesis NFT Benefits Summary
HoneyGenesis NFT is not just an ordinary collectible; it is a value-backed asset with multiple utilities. Below are the core benefits available to HoneyGenesis NFT holders:
Token Airdrop
We will use 6.9% of HPOT Token to purchase Meme Tokens on the Pot2Pump Meme Launchpad. This will generate LP Tokens worth a total of 13.8% (refer to Pot2Pump Meme Launch mechanism), which can be used for Farming and other DeFi applications.
BeraFarm Game Revenue Sharing
It has been confirmed that 15% of Dreampad Launchpad initial launch proceeds will be permanently allocated to users who stake HoneyGenesis NFTs. The team is discussing further increasing this percentage, which may be expanded in the future and announced to the community.
Pot2Pump $4 Million Incentive Program
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Each holder who successfully launches a Meme Token on a DEX will receive the following rewards:
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A one-time 5% LP Token (worth $2,000 USDT)
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All fees collected by the platform will be fully refunded via airdrop (an additional 5% LP Token)
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Initial assets totaling approximately $4,000 USDT
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Due to differences in LP composition, the final token value may vary. For example, if the Bera token surges fivefold and then the Meme Token rises again, the LP could far exceed its initial value.
RFB Rewards and Bera Airdrops
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We have allocated a portion of RFB resources specifically for HoneyGenesis NFT holders.
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NFT holders will receive airdropped Bera token rewards.
BeraFarm: A Reward Distribution Game Combining DeFi and NFT GameFi
As a key component of the Berachain ecosystem, Honeypot Finance has partnered with Animus Labs, a game studio within the Berachain ecosystem, to create a new on-chain strategy game offering unprecedented reward mechanisms for NFT participants.
BeraFarm aims to deliver dynamic and generous returns to holders through an NFT staking mechanism. Whether you're a DeFi expert, an NFT collector, or a core member of the Berachain community, BeraFarm offers unique value.
Unique NFT Staking Mechanism: Honeypots 🍯 vs. Bera Bears 🐻
The core mechanism of BeraFarm revolves around the HoneyGenesis NFT. Holders can stake their NFTs and be randomly transformed into one of two forms: Honeypots or Bera Bears. This design introduces variability and strategic depth, requiring each participant to weigh risk against reward.
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Honeypots 🍯 suit users seeking stable returns, earning allocations from the Dreampad rewards pool through long-term staking. However, if a holder unstakes before the designated period (currently six months), their NFT may be "stolen" and moved into the Bera Bears reserve pool.
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Bera Bears 🐻 are better suited for risk-takers. While staking Bera Bears yields less predictable returns, un-staking at the right time allows players not only to claim rewards from the Bera Bear pool but also potentially receive an additional HoneyGenesis NFT (if inventory remains in the reserve pool).
This mechanism adds competitive and strategic elements to BeraFarm, enabling players to develop diverse strategies when participating in staking.
Future Outlook: The Impact and Development of BeraFarm
With BeraFarm即将 launching on the Berachain mainnet, this represents not only a new opportunity for NFT players but also a major transformation for the Berachain ecosystem. Honeypot Finance aims not only to redefine NFT applications through BeraFarm but also to encourage other native Berachain NFT projects to adopt similar dual staking mechanisms, providing the entire ecosystem with more diversified reward and growth models. The Honeypot Finance team plans to make this engaging NFT game more adaptable, enabling the majority of Berachain utility NFTs to customize their own NFT reward distribution mechanisms through the game.
The Honeypot Finance team is also developing BeraFarm V2. The new version will integrate features such as Lending and LP Deposits, and leverage Berachain's POL to generate yield on the 15% prize pool, allowing NFT stakers to benefit more from on-chain activities across Berachain.
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