Hiveswap
  • Overview
    • Goals
    • AMM Features
    • Real Yield and Incentives
    • Permissionless DEX
    • Sustainable Tokenomics
  • Launch and Genesis Pool information
    • Fair Launch Public Sale
  • Protocol AMM :
    • Staked positions (spNFTs):
    • Why spNFTS?
  • Honey Combs (Pools)
    • Creating a Honey Comb (pool)
  • xHIVE Plug-in
  • Tokenomics
    • HIVE Allocation
  • Protocol Earnings
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  • Deflationary Mechanisms:
  • xHIVE redeems:
  • xHIVE deallocations:

Protocol Earnings

PreviousHIVE Allocation

Last updated 2 years ago

The protocol transaction fees will be distributed as follows:

  • 55% for Liquidity Providers in LP tokens

  • 30% in dividends redistributed to xHIVE holders

  • 15% to the Core Contributors funds

Deflationary Mechanisms:

In addition to the hardcap set on HIVE, we also implemented some deflationary mechanisms in order to reduce the total supply.

xHIVE redeems:

When converting xHIVE to HIVE, if the vesting duration isn't the maximum, the xHIVE : HIVE ratio will be lower than 1:1, down to a minimum of 1:0.5. All of the HIVE excess will automatically be burned.

Example: If a user redeems 1000 xHIVE with the minimal 15 days vesting duration, he will obtain a 1:0.5 ratio, and receive 500 HIVE in the end

That means a total of 1000 - 500 = 500 HIVE will be burned during the process.

xHIVE deallocations:

When deallocating xHIVE Plugin, a deallocation tax is applied. It can vary between contracts, but will usually be 0.5%.

The corresponding HIVE amount will automatically be burned.