jakiro
Source: AC Capital Research
Brief introduction
In 2023, ZK and AI projects are hacked. Defi is no longer a hot spot for development. However, HoneyPot Finance has won the award on ETH-BEIJINGACKATHON with Batch-A2MM. After that, it quickly took root in Brachain’s unique innovative soil to create from the product and user end.HoneyPot Finance is on the flywheel. This article takes you to understand HoneyPot Finance.
01BERAChain’s innovative soil
Berachain is a L1 public chain based on COSMOS SDK, compatible with EVM, and adopts innovative consensus mechanism-POL: Proof of liquidity and innovative Tri-TOKEN triple currency economic model.
Pol: Proof of liquidity)::It is a new consensus mechanism. Through liquidity providers, liquidity digging K, liquidity proof, and liquidity governance mechanism, the coordination of network liquidity, centralization of equity and agreement and verification is realized.
Tri-TOKEN Three-generation Economic Model:Berachain’s three -generation currency model has absorbed many experience and lessons of Defi projects.Combining the tokens of the public chain with liquidity to create a high -liquidity and high capital efficiency.
As of now, more than 70 ecological projects deployed on Berachain have reached more than 70. The Berachain ecosystem not only attracted some EVM ecological projects, but also produced a number of native projects. With the recent launch of its public test network “Artio”, the total active address of the test networkThe number has risen to 8 million.
The innovative soil, the enthusiasm of users, and the design of the Ben’s model, Berachain’s unique governance reward mechanism is attracting more outstanding project parties to embrace Berachain.
02Honeypot Finance flywheel
Standing on Berachain’s innovative soil, you can see a lot of Defi projects gathered beaches to grab Berachain, and HoneyPot Finance finds the pain points of Dex’s existence to create the positive flywheel of HoneyPot Finance.
From the product side:From the characteristics of the Berachain chain and the innovative perspective of DEX, HoneyPot proposes four aspects of innovation:
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Dreampad:A built -in trust layer (DAO) launch board takes into account community -driven, deep fluidity and fair launch mechanism (FTO). Users are exempted from mouse warehouses to prevent developers from selling, and immediately obtain trading liquidity after launch.
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Helondex:With low-slip and Batch-A2MM trading protocols, the innovative has won awards in ETH-SHANGHAI HACKATHON, and HPOT DEX will bring higher liquidity efficiency and better trading experience.
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HiveNode:In -depth combination of Berachain’s POL consensus mechanism, guide chain consensus mechanism to reward the liquidity of our products and simplify the POL mining process.
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DEFI-HUB:DreamPad, Helondex and HiveNode, the above three products jointly form the full path of the introduction, retention and incentive of liquidity to promote Honeypot Finance.
From the user side:HoneyPot uses the fair launch of DreamPad as the liquidity entrance. The tokens that have been launched can be traded and provided directly in Helondex. Finally, the incentives of liquidity proof (POL) are obtained through the HiveNode node.As the flywheel to maximize user income.
03HoneyPot Finance team and ecology
The HoneyPot Finance team is a senior practitioner from the crypto industry. The CEO and CTO of the project are the organizers of the biggest developer community of BERACHAIN. Other members of the project team come from developers of projects such as Trisolaris, Tencent, and IOTEX.
At present, the HoneyPot Finance ecosystem project partners have included: Axlar, Chainlink, etc. As the future test network is open, we look forward to more projects to join the HoneyPot Finance ecosystem.
04Summarize
In summary, we believe that the HoneyPot FINANCE team is a team with mature products, BD capabilities and operating capabilities.The team members have a deep and unique understanding of the innovation of BERACHAIN and DEX, and look forward to HoneyPot Finance bring a new DEFI user experience.
