Honey

Honey is the community currency of 1hive, it is also an important community boundary. In order to influence the direction of 1hive, honey holders (also called keepers) can stake their honey on proposals.

1Hive is a DAO that issues and distributes a digital currency called Honey.

Honey holders stake on proposals using Conviction Voting to determine how issuance is distributed. By supporting proposals that increase the value of Honey, a positive feedback loop drives growth and sustainability.

Conviction Voting allows everyone to participate and shape the direction of 1Hive, while preventing anyone from taking control or ownership.