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HNY Price   

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HNY Price:
$5.0 K
All Time High:
Market Cap:
$1.1 M

Circulating Supply:
Total Supply:
Max Supply:


The price of #HNY today is $29.02 USD.

The lowest HNY price for this period was $0, the highest was $29.02, and the exact current price of one HNY crypto coin is $29.02200.

The all-time high HNY coin price was $1,490.

Use our custom price calculator to see the hypothetical price of HNY with market cap of BTC or other crypto coins.


The code for Honey crypto currency is #HNY.

Honey is 1.6 years old.


The current market capitalization for Honey is $1,057,707.

Honey is ranking upwards to #865 out of all coins, by market cap (and other factors).


The trading volume is small during the past 24 hours for #HNY.

Today's 24-hour trading volume across all exchanges for Honey is $4,991.


The circulating supply of HNY is 36,445 coins, which is 100% of the total coin supply.

A highlight of Honey is it's exceptionally low supply of coins, as this tends to support higher prices due to supply and demand in the market.


HNY is a token on the xDai blockchain, and has digital contracts with 1 other blockchain.

See list of the HNY Blockchain contracts with 2 different blockchains.


HNY is available on at least one crypto currency exchange.


Note that there are multiple coins that share the code #HNY, and you can view them on our HNY disambiguation page.



1 Hive August 2022 Monthly Recap

Hey everyone, a new recap is finally out. Make sure to support our communities by joining our social channels: Telegram: 1Hive — Agave Twitter: 1Hive — Agave 1 — Gardens — NFBeez Discord: 1Hive — Agave Previous Recaps: Recap July 2022 1 / Recap June 2022 / Recap May 2022 / Recap April 2022 / Recap March 2022 / Recap February 2022 / Recap January 2022 / Recap December 2021 / Recap November 2021 / Recap October 2021 / Recap September 2021 / Recap August 2021 / Recap July 2021 / Recap June 2021 / Recap May 2021 / Recap March 22nd — April 25th / Recap February 9th — March 21st — Swarms Monthly Recap - — Agave Swarm: - While we are working on the sideline to implement new features on our money market platform, this month we have completed our documentation, where technical info, guides, information, and an archive of all our proposals are available. We will update this constantly, so take a look at it! AgaveDaoNotion The growth of our protocol was underlined by reaching $10M in TVL for the first time, officially surpassing the TVL pre-re-entrancy attack. — Buzz Swarm: - We are keeping our focus on integrations, partnerships and internal-external communication as planned. Some of the milestones we achieved for the month of august are : Brave wallet integration on Honeyswap and marketing campaign about it together with Brave team with this tweet and animation Honeyswap Tweet and Brave wallet tweet . Big thanks to Felipe who helped us with the deployment of the code and now all Brave wallet users can directly use Honeyswap. Thanks to @sewlie.eth for the animation, @dogeking and @solarmkd for the integration and @mrtdlgc for the write-up in Brave article, We also started Miro brainstorming on our weekly Buzz calls and this improved our productivity. Big thanks to @zer8 who suggested this platform., We’ve celebrated 7000 Twitter followers on 1Hive with this Tweet 1this is a big milestone and we are still counting at least 80 more followers after the tweet on August 17th. Thanks to Rohekbenitez for the graphics., Those are just some of the milestones for August and we are exploring more wallet integration opportunities with Bitkeep now, we’ve had a call with their team. Most of the calls are facilitated by @solarmkd and @dogeking for these integrations they had a call with Bitkeep representative and will proceed with the integrations where usually Felipe will be helping. We are also working on some future integrations with other DAO tooling platforms and we are looking to grow 1Hive with this tooling. More on this in the upcoming months… — NFBeez: - The NFBeez have been working in silence. Unfortunately, due to delays in artwork “The Cube” project did not meet the internal release date deadline. A potential new artist will be called upon to help complete the project also possibly adding a bit more to the original project itself. As new updates occur, we will be posting them on the channel. — Celeste: - On August 30, 2022, the Celeste court executed a ruling in Dispute #7 blocking the second proposal to collect funds for the 1Hive Harvest Season 1. In the fifth and final round due to a limitation on appeals, 71% of the votes by drawn Celeste keepers were to block the action. The dispute had been created on July 22, 2022. The key issue that stood out in Discord chats was that proposal splitting bypassed how conviction voting works, and the Covenant required keepers to enforce the intention to use this mechanism. The challenger also argued that, in the circumstances, the ultimate funding goal would impede the intention to foster a healthy community economy. The proposer answered that proposal splitting is not expressly prohibited by the Covenant and had not been challenged in the past. The proposer also argued that the funding goal is healthy and necessary to encourage contributions and governance participation. This dispute prompted the 1Hive community to start redrafting the Covenant and reconsidering parameters for the DAO and Celeste. Potential improvements in Celeste were also observed. To this end, we would encourage everybody to share their thoughts on these matters. — Quests Swarm: - The Quests swarm has taken some rest this month and let the community adopt the platform before starting new features. However, we have raised funds to develop the next features and we made a poll to ask the community which features should come next. Comments57%Play quest42%Campaigns28%Disputable quest28%Editable quest description14%Side funding with stablecoin14%NFT support0%Native token support for funding (xDai)0% If you haven’t voted yet it’s still time: Link to poll Links : Quests, MVP Scope, Next funding proposal, Github, Kanban, — Gardens Swarm - Garden’s update will be added shortly September’s recap will follow, stay tuned! Stonky 1 Hive August 2022 Monthly Recap was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.

1Hive Monthly recap — July 2022

1Hive Monthly recap — July 2022 - Welcome to 1Hive’s July Monthly Recap. Stay up to speed with everything related to 1Hive and make sure to support our communities by joining our social channels: Telegram: 1Hive — Agave Twitter: 1Hive — Agave — Gardens — NFBeez Discord: 1Hive — Agave — Swarms Monthly Recap - — 🌻Gardens Swarm - Gardens TVL (USD value of Common Pools): $4.5M Currently building a new feature: Poll Proposals. This is a frontend-only update that will let Gardens members create polls in their Garden that anyone in the community can respond to with a Suggestion Proposal. Polls will show on the Proposal page with all Suggestion Proposal responses batched together, making it easy for the community to get on-chain consensus for decisions with many options. Poll Proposals are expected to be available this month. — 🌵Agave Swarm: - The work of Agave is continuing through the bear market. We hired a new dev and are working hard on both frontend and backend. We will share more news as we progress. During the next month you can expect some news for what concerns Alvin, our NFT redeemable plushie. We made 2 important improvement proposals, AGIP1 and AGIP2. AGIP1 consists in changing the parameters of some of the tokens listed on our lending platform (read here) while AGIP2 consists in creating a security fund. (read here) We have also updated our reward system due to Symmetric’s v2 implementation. More news available on this Twitter post :  — @Agave_lending With this update we made a few changes on the emission rate of the rewards: $FOX incentives have been discontinued, $LINK incentives have been reduced, and Stable borrowing incentives have been significantly increased. — 🐝Buzz Swarm: - We are continuously focused on communications and app integrations on Buzz and we wanted to raise awareness of the importance of security but also bring more users to 1Hive apps. As such we informed the users about the new ENS domains that 1Hive uses for Honeyswap,Gardens and Celeste via Twitter post that got a lot of attention :  — @1HiveOrg We also did managed to meet with Unstoppable Domains team and integrated with the help of Felipe a new option to connect on Honeyswap, more on that you can read on this tweet :  — @1HiveOrg Next on this list of partnerships and integrations is Brave Wallet and we are in touch with their team and Honeyswap users will be able to use Brave wallet directly on Honeyswap. We keep some details as surprise for the next month as we are not done with all the work around this important integration. We also had organized a call with the broader 1Hive community and made a Miro Board to brainstorm and discuss on 1Hive essential intent planning which is very important topic and it is still ongoing. — ⭐Quests Swarm: - Quests swarm only focused on bugs and adjustments this month. So no feature development, we wanted to wait for the app to be used. The creation feature was unlocked and some quests are already there. As the Quests started to be used and discussed in the community space, we extracted some ideas for the next month and we made a new special proposal dedicated to the next features of the app. There is something special with this one as we wanted to adopt a new approach for the next features on Quests. Quests app, MVP Scope, Next funding proposal, Github, Kanban, — 💰Treasury: - The treasury swarm deployed 60 HNY using the Hedgey covered calls markets to generate 300 xDAI up front, and with the opportunity to responsibly convert the 60 HNY into another 3,600 xDAI before the end of 2022. We have put forward a discussion forum to allocate an additional 200 HNY for the treasury swarm to manage and diversify using Hedgey’s toolset, and plan to put forth the official proposal early August for a vote. Thank you for reading so far! See you for the August Recap! #1Hive 1Hive Monthly recap — July 2022 was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.

How 1Hive Solved Domain Hijack Issue on Honeyswap

Dear Honeyswap users! On the 9th of May, we started receiving reports from users both on 1Hive Telegram and Discord channels that their swap transactions do not return to their own wallets. Upon some investigations, we identified that transactions made on the Honeyswap frontend were, in fact, ending up in a malicious address, that of the hacker: 0xD3888a7E6D6A05c6b031F05DdAF3D3dCaB92FC5B Immediately after receiving these reports and verifying that something was off with the transactions, we announced on all our channels not to use the Honeyswap frontend until further notice in order to identify the main source of what was happening. Additionally, we urged the users who may have used Honeyswap frontend before or during the time period we suspected to have been subject to an attack to revoke spending approvals through just in case.  — @Honeyswap Working around the clock to identify the source of the attack, we recognized that the Domain Provider, under which 1Hive websites we\\re registered, actually gave away the ownership of these domains to the attacker upon fake documents. Well, obviously, Web2 security sucks. This being the case, and having no means to access the domains, we had to work with the Domain Provider to give us the ownership of the domains back. As most people who have worked with these conventional companies might know, it took two days to retain the ownership. During this period, the attacker was able to steal around $30K worth of tokens from Gnosis Chain and Polygon. Hence, after retaining the ownership of the domains, we set up a Reimburser DAO. And from this DAO, we refunded all the addresses which were affected by the hack. During the reimbursement process, we utilized Tenderly and Blockscout to make the calculations, and with the help of EVMcrispr, we were able to reimburse everyone in a timely manner. The reason for setting up the Reimburser DAO was that we use Conviction Voting in Gardens, and it inherently has a delay function for proposals to pass while the Conviction grows. Without a prompt decision to find a way to reimburse everyone without keeping them hanging, it would take time to submit a proposal to the 1Hive Garden. Accordingly, the Reimburser DAO will be selling HNY gradually during a period of one month in order not to affect the market price, and there is going to be a proposal submitted on the 10th of June to reimburse the Reimburser DAO after calculating the amount of HNY sold to cover the users’ losses. Lastly, we migrated our,, and domains to another domain provider, and in order to prevent such Web2 vulnerability in the future, we configured our ENS domains to point to our IPFS static websites. Browsers do not support ENS domains yet, but there are nice workarounds. In fact, right now you can access our products through the following domains: Honeyswap: Celeste: Gardens: Also, in order not to miss the latest news from 1Hive, make sure to follow our social channels: 1Hive Twitter: Honeyswap Twitter: And feel free to join the conversation at Telegram and Discord! How 1Hive Solved Domain Hijack Issue on Honeyswap was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.

1Hive Monthly recap — April 2022

1Hive Monthly recap — April 2022 - Welcome to the April Monthly Recap,There’s plenty of interesting news to check out! Make sure to support our communities by joining our social channels: Telegram: 1Hive — Agave Twitter: 1Hive — Agave — Gardens — NFBeez Discord: 1Hive — Agave Previous Recaps: — Swarms Monthly Recap - — 🌻Gardens Swarm - The Gardens Swarm has been hard at work on several different updates and features. ERC-20 Token Vesting App. Felipe is leading the design and build of a token vesting app to wrap any ERC-20 with pre-set vesting terms for cliff period and time to vest. The streaming token can be freely transferred throughout its vesting terms., Fluid Proposals. Gabi is leading the build of a new type of Gardens proposal to allow for streaming tokens from the Common Pool, using Osmotic Funding and Superfluid. The rates of the token streams will be set in real time by the accrued Conviction on each proposal. The project is still in its conception phase — Gabi is leading a biweekly call on the 1Hive Discord., NextJS upgrade. Anup is leading the upgrade of Gardens to NextJS, which will improve site speed and performance. This upgrade is close to complete and is expected shortly., Ceramic Profiles. Once the NextJS update is complete, work can begin on upgrading Gardens user profiles to Ceramic, a powerful web3 user management system that (among many benefits) will help enable more DAO2DAO cooperation for Gardens organizations., Compensation Plan update. With the passing of the 1Hive Retroactive Funding Pilot, the Gardens Swarm will update its contributor compensation starting next pay period to Basic Income. Contributors will earn a fixed amount based on their level of contribution hours (low, middle, high), and income will increase with consecutive periods of contribution., Gardens Growth Numbers:, of Gardens: 30, of Gardens Members: 3,346, of Gardens Proposals: 263, Total $ in Gardens Common Pools: $18.9M, Total Gardens Liquidity in Honeyswap: $2.47M, — 🌎Terra Swarm: - Part of Terra Swarm has been working on translating Giveth’s documentation after our funding proposal passed. We are thinking of ways to export our service outside the 1hive ecosystem, and make Terra a fully working project. — 🌵Agave Swarm: - After the exploit that happened on March 15th, Agave has worked relentlessly to make users whole. After numerous negotiations and propositions, GIP34 was published and obtained overwhelming support. All this means that all users affected by the exploit will get their agTokens back! 80% to be paid immediately, 20% within 2 years in 4 installments. Please, take a read at the GIP34 proposal. We have published our post-mortem with the implemented fix to the re-entrancy attack issue. As soon as the Gnosis Hard-Fork took place (April 20th), we redeployed our platform. Liquidity incentives are up and running, and we also added $FOX to the platform. The next steps will be the loan from Karpatkey and the token auction, two other points in the GIP34 proposal. Follow our official channels to be up to speed. Agave DAO, Discord, Telegram, Twitter — 🦋Morphosis Swarm: - Felipe posted some resources to some people interested about learning Solidity and Security. — 🐝Buzz Swarm: - During the month of April Buzz Swarm contributors had plenty of activities,designs,social media posts and we made some new collabs and integrations. We did some revamping of the Honeyswap landing page and adding MT/ Pellerin on/off ramp with the help of Roekel as web developer who recently joined 1Hive and the Mt. Pellerin team which we came into contact with to integrate this great ramp widget on the Honeyswap landing page. See the photo below We also had started the onboarding call which is scheduled on a weekly basis and we are having this survey for new bee applicants : — 1Hive survey - Please click the link to complete this form. We also must mention the Memepalooza event hosted on the Gitcoin Discord where 1Hive was the sponsor of this cool event together with Gitcoin. Some great memes were born at that event. This was the event flyer Additionally as always we were very active in informing through Discord,Twitter,Reddit and engaging with the community. Here are some more notable activities that were done : Tweets and banners about Giveth Regen farms, Making 1hive branded video for onboarding and survey, Tweets and banners about MT Pellerin ramp, Tweets and banners about Easter and Earthday, Tweets and banners about the 1Hive swarms, Logos for the $Water token, and more stuff coming such as promotional banners for the Water liquidity campaign We are having some discussions with Gelato about adding limit orders on Honeyswap but they said that they will have an updated version in mid May so we postponed that for now. Some other activities include Hedgey OTC, we are preparing OTC campaigns next, you can read and discuss about this on the 1hive forum We also had a meeting with Gilbert who is having a discord bot for making friends , so we plan to integrate this bot on 1hive discord if we get support from the community. Connecting 1Hive members via 0xFrens Discord Bot 🌱 IdeasHi everyoneI lead a team building a “make frens” bot that connects members within Discord communities. The bot uses mutual servers, timezones, and common on-chain assets to match up users with similar interests. We think these tighter-knit introductions can help build a sense of belonging within 1Hive. Heres’ how it works. Once installed, anyone in 1Hive can Head to the #makefrens channel Enter /makefrens Connect their wallet and/or discord handle Get matched up with a member… — ⭐Quests Swarm: - This was the last month of Quests MVP development. Scope is already frost and at the moment I’m typing these lines, we are completing the last tasks. We welcome all wheeling 1hive members to help us find bugs and vulnerabilities on the last deployment of main here. The MVP scope has included a collateral deposit mechanism for Quest creation that has been recommended by @DodgeKink and @Solarmkd to prevent the bad guys from spamming Quests that will result in a terrible user experience. This feature is ongoing and is supposed to be merged soon after Solidity expert validation. Finally, the team has grow a little bit as we had a new member this month, welcome to @MaxLegend. Links: MVP Scope, Quests swarm last funding proposal, Github, Web App (Rinkeby), Kanbanzssa, Gitcoin grant, 1Hive Monthly recap — April 2022 was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.

1Hive Monthly Recap March 2022

Stay up to speed with everything related to 1Hive and make sure to support our communities by joining our social channels: Telegram: 1Hive — Agave Twitter: 1Hive — Agave — Gardens — NFBeez Discord: 1Hive — Agave — 🌻Gardens Swarm: - News and Updates: Ceramic Profiles — Gardens is in the process of upgrading user profiles to Ceramic, a more powerful tool for creating/reading/updating user profiles. Part of this upgrade will include a migration to NextJS, Fluid Proposals — a working group has been formed to begin modeling and building Fluid Proposals — a funding system for streaming tokens in Gardens using Superfluid and Osmotic Funding: ​​, Gardens growth numbers: of Gardens: 29, of Gardens DAO Members: 3,322, of Gardens Proposals: 251, Total $ in Gardens Common Pools: $20.9M, Total Gardens liquidity on Honeyswap: $2.56M, — 🌎Terra Swarm: - No updates from Terra Swarm for this month. — 🌵Agave Swarm: - What a month this has been for Agave. Unfortunately, on March 15th, Agave and 100Finance, two lending markets on Gnosis chain, suffered a reentrancy attack and most of the funds were stolen by a malicious hacker. This has come to great surprise and honest disappointment for all of us, as it has been absolutely terrible to see community members, seeds and over 700 addresses involved in some kind of losses. Read more about the exploit here. However, the response of the community, the devs, and the GC DeFi ecosystem in general has been amazing. We have worked relentlessly to mitigate the situation, having multiple calls with different entities and working on a fast solution to restore our money market protocol. Without pointing fingers, the general understanding is that both protocols and network share a percentage of the fault, and therefore we have commonly worked on finding solutions to effectively help all our users. After numerous calls, discussions, negotiations, we have a solid plan that intends to restore the money market, reimburse users (80% as soon as contracts are unpaused, after the Gnosis Hard Fork, and 20% in future installments), preserve and even ameliorate Agave’s figure in the Gnosis Chain DeFi ecosystem. Our community has been reacting very positively, our token price even increased after the hack and on April 1st we reached our all time high of +10000 $AGVE in staking. The next steps for Agave are quite straightforward at this point. We want to publish our reimbursement proposal, redeploy Agave as soon as the hard fork takes place, add new money markets and strengthen our partnership with Gnosis and other important players in the GC world. These weeks have been rough, but we are thankful of having such a brilliant and strong community. Agave DAO, Discord, Telegram, Twitter — 🦋Morphosis Swarm: - No updates from Morphosis Swarm for this month. — 🐝Buzz Swarm: - Hello 1Hive community ! For the month of march we had various activities that usually we are working on each month and also some new stuff that we started working on. First thing is that we started to work on Onboarding ideas and completed the onboarding forms : These forms will give us some idea about the new members and the next step will be getting them on call and helping them understand 1Hive by sharing our knowledge. Depending on their skills and interests, they will be sent to message members of different swarms, for example : Gardens, Buzz,Tulip, Celeste etc. We also brainstormed some reward systems we can use to incentivize them completing smaller tasks at beginning if they are without experience or sending them to the swarms that they are interested in, if they are more experienced to get on calls. We also are working together with Twells and syncing on 1Hive TV, it is important for us to be on the same page with all 1Hive swarms. We also organized Gitcoin Memepalooza event , kudos to zer8 for this initiative it was good event and we got closer with Gitcoin DAO community and we did rewarded some Nfbeez from Buzz and NFbeez budget together. Some other activities that are important to us were a meetup with Giveth communications to sync on writing articles about supporting public goods, informing about how 1Hive,Giveth and Gitcoin as well as some other DAOs are doing this. Mrtdlgc already wrote 1 article , the next one will be more about 1Hive and Giveth. We also had nice meetups with cool members and founders of Metagame, Dao Exchange , Doin Gud and we are open for any integrations with them in future if we come up with mutual ideas. We had a really nice presentation about 1Hive on the Metagame discord server, thanks to Dosh for preparing the presentation and informing on everything that 1Hive accomplished and is working on. Pete the Metagame cofounder and other Metagame contributors were curious to hear about 1Hive. Part of Buzz duties is maintaining and keeping our social media channels engaged, on this we kept working on in March, our most engaging social media channel remains to be Twitter and also Discord as our social messaging app. — 📒NFBeez: - As usual the NFBeez are buzzing hard and because spring is here we are even more motivated than ever to continue to provide value to our community. The biggest moves we made in March are: +1000 followers on Twitter, we are almost at 1300 mints(with no paid promotions/ads) -we voted on more than one proposal in snapshot( check ), Billy( main dev) is working hard on a lot of stuff behind the curtains in order to continue building and innovating(more to come), Zer8(marketing lead) has spread his wings in more than one direction. Continually working on collabs and cool events that help the NFBeez and also 1Hive grow (Memepalooza, Bored David, XP network, CTC, Mafia Creativa) we also participated in Memepalooza, co-presented the event, reping 1Hive(Buzz offered a LOT of support and 10 NFBees as prizes), Working on an innovative NFT in collab with 1Hive/NFBee artists — ⭐Quests Swarm: - This month they had a lot of development around the new design of Quest as well as fixing some bugs. This is our final step and once it will be completed and all bugs will be fixed, Quests will be officially released as the MVP. We will then try to figure out what is the next scope for further development as well as our post release strategy regarding project management. PS : We also raised a funding campaign as a Gitcoin grant 1 to gain some visibility in the outside world. Links: MVP Scope, Quests swarm last funding proposal, Github, Web App (Rinkeby), Kanbanzssa, Gitcoin grant 1, 💰Treasury: The treasury swarm is under active discussion of utilizing and redeploying ~ 100 HNY that has been deployed in the Hedgey Treasury Pools protocols. That has proven successful, and now the swarm has 12k xDAI in its multi-sig that can be used for general DAO purposes. The treasury swarm is looking to chat with the broader DAO community on a few topics in the very near future: Evaluating and starting to utilize the stable coin balances, or at a minimum potentially make them available for proposal funding instead of HNY, for interested contributors and proposals., Deploy up to 70 HNY in the new Hedgey OTC protocol, that would allow us to sell HNY at a discount (considering up to 20%), but with a 6 month or 1 year time lock vesting on the tokens. The locked tokens would mint the buyers an NFT, representing their right to redeem and claim the HNY after the cliff vesting period has elapsed. These NFTs are also tradeable on secondary markets, and so buyers could get secondary liquidity before the vested dates. The goal of this is to convert responsibly more stable coins from HNY, but in a way where the HNY is locked and cannot hit liquid markets to impact the price., Redeploy a Treasury Pool (25–30HNY) with a longer dated expiration, potentially up to 6 months. The purpose here being to generate more income and yield on HNY, but allow a longer date for buyers to benefit from price appreciation of HNY in the long term, instead of just short term volatility and small pumps., The swarm is going to start a forum on all of these subjects to get considerations for the general DAO members, as we want to ensure our ideas and incentives are aligned with the broader DAO., 📺1HTV: The TV team continued to push out consistent live streaming content in March, with project guests Superfluid, ShapeShift, Moonjelly, POAPathon, and more! Due to technical constraints, we are unable to stream to the original 1Hive YouTube channel. However, we continue to post interviews and highlights from the DAO News show and will expand to other programs in the near future. In an effort to grow the broadcast, 1HTV started streaming on Twitch and a new YouTube channel simultaneously this month. We continue to host each broadcast in the 1Hive discord, but are planning to migrate over to Twitter Spaces as soon as possible. This will enable us to reach the entirety of CT with each program. This month, 1HTV added two new biweekly shows (next episodes for both on Tues, 4/12!) Late-Night with Billyjitsu (9:30 pm ET), Paul2 Web3 (5:00 pm ET), The current 1HTV broadcast schedule is as follows: 1Hive Monthly Recap March 2022 was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.

1Hive Monthly Recap February 2022

As always, make sure to support our communities by joining our social channels: Telegram: 1Hive — Agave Twitter: 1Hive — Agave — Gardens — NFBeez Discord: 1Hive — Agave — 🌻Gardens Swarm: - We’re now using DeWork! DeWork is a web3 project management tool that lets anyone create tasks for feature requests and view their progress. Suggestions with enough upvotes be taken on by the team or funded as a bounty for anyone to complete. We’re excited for the community to become more involved in the development of Gardens. Here’s the invite link to join the DeWork: 1, Gardens Growth Numbers: Total # of Gardens: 22 of Gardens Members: 3,222 of Funding Proposals Created: 205 Total Common Pool value: $21.5M Total Liquidity of Gardens tokens: $2.2M — 🌎Terra Swarm: - Terra Swarm only produced the January Monthly Recap for 1Hive as there was no new documentation to be translated. We are actually internally discussing an ambitious plan to export our product to a broader number of DeFi projects, since in the space our Swarm has a long-lasting experience and a well functioning team. — 🌵Agave Swarm: - On february 28th Agave became 1 year old! In the month of February we have seen less action from the Agave team, but in reality there’s lots of movement behind the scenes. We’re working on giving more utility to the agave token, we are about to add $FOX to our platform (We’re only waiting to a bit more liquidity on Gnosis Chain), and we are discussing the future plans for Agave which may include numerous possibilities. In these days, an article “A Year in Review” was published to summarize the first year of Agave, and you may want to check it out for some hints about the upcoming periods for our token and our community. Agave DAO, Discord, Telegram, Twitter — 🦋Morphosis Swarm: - No updates from Morphosis Swarm for this month. Useful links: Austin Griffith’s Scaffold-Eth challenges, Ethereum Developer Course, Discord Server, Morphosis, — 🐝Buzz Swarm: - Buzz members have been working on various fronts for the month of February while proposal number 6 is waiting for communal conviction. Most of the activities this month included brainstorming, meeting, planning and building our proposal but we were able to accomplish a few initiatives this month. This includes our weekly NFT streams on Wednesdays( 3 ,4 ), our treasury building collab with Hedgey to generate stables for the treasury, and a submission to ImpactDAO for 1Hive to be featured in their publication they are creating for regen DAOs. Additionally we have also started to work on optimizing our workflow via a new task ledger where members can view and see what each person is doing on a monthly basis. We plan on using this data both to further refine our jobs/tasks and to also help expand and build out our team further. As per what is up and coming in the next few months that has not already been mentioned or covered in the last recaps: Weekly onboarding event and quests for newcomers, New streaming channel for 1Htv, Cross DAO literary content (Giveth), Fox-HNY farms, Celeste integration to Gitcoin (David DYOR initiative), Potential new fiat ramp (Banxa) to compete with RAMP, Useful links: Buzz proposal number 6 1, Current streaming channel 1, New live streaming channel, Hedgey $HNY covered calls, — 📒NFBeez: - The NFBeez have been quietly working behind the scenes to create a new buzz for supporters of the NFBeez project. A few artists have been working on a small collaboration project for holders of the NFBeez NFT. Hackathon, hackathon, hackathon — The NFBeez primary dev, billyjitsu, has been doing hackathons from the month of February through today to learn news skills, get new ideas and meet other devs to implement more utilities and collaborations for the token. The NFBeez project is slowly pushing forward to decentralization with their website hitting ENS sites : The first NFBeez has joined mainnet! Using the bridge. We were successfully able to bridge the token over and use an NFB as a ENS and Zapper Avatar. It can also be used as a verified Twitter avatar. We are currently working on token gating content and collaborative ideas. — 💛Support Swarm: - No updates from Support Swarm for this month. — ⭐Quests Swarm: - This month has been the month for bug fixing and UI inprovments. @Chimdalu_O has made the new app design : Figma 1 We will focus on aligning the app with this new design direction as well as fixing bugs. The current rinkeby test deployment can be seen here: Quest Actual MVP features: Browse Quests with filtering, Create Quest as a Creator, Fund Quest as a Patron, Claim Quest as a Player, Challenge a Quest and raise it to a mocked Celeste, Useful links: MVP Scope, Quests swarm last funding proposal, Source code repo, Web App (Rinkeby), Kanban, Figma 1, 💰Treasury: 1Hive sold out another covered call pool of 25 HNY, generating 500 xdai in premiums As part of the treasury duties — we should consider adding in some accounting & financial reporting to these monthly reports. This will give more visibility over the finances of the DAO as a whole and better insights into the spending and finances of the DAO. 📺1HTV: So far this year, the TV swarm has welcomed the following projects on our DAO News Monday livestream: DeHive, Hedgey Finance, Giveth, ShineDAO, Kassandra DAO, Furucombo (coming soon), In addition, the NFTs & Gaming stream hosted by D0$H features new topics/guests each week — join them at 3pm ET every Wednesday! A new bi-weekly Spanglish language show is also running on Thursdays in the 1Hive discord featuring bilingual guests/conversation as well as indie Spanish-language music listening. On the video production front, we released a promo for the app built by our frens at ShapeShift DAO + trivia game replays for Elk Finance, DXdao, Giveth, After a brief hiatus around ETH Denver, we look forward to resuming our biweekly trivia games starting with Kassandra DAO on Fri 3/11 — follow @1HiveOrg on Twitter to stay up to date! 1Hive Monthly Recap February 2022 was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.

1Hive Monthly Recap January 2022

Welcome to the first recap of 2022. While the market is rebounding, the bees of 1Hive keep building and working on cool projects. This month has been very busy, especially for a few Swarms (Commons, Agave, NFBeez, Treasury) and, therefore, make sure to read until the end of the article! Make sure to support our communities by joining our social channels: Telegram: 1Hive — Agave Twitter: 1Hive —Honeyswap — Agave — Gardens — NFBeez Discord: 1Hive — Agave — 🌻Gardens Swarm: - January Highlights: The Token Engineering Commons launched their Garden, with $1M of Wrapped xDai now available for funding proposals in their Common Pool, raised through an Augmented Bonding Curve., We’re on Giveth now:, Growth numbers:, 13 Gardens DAOs now live on Gnosis Chain and Polygon, 3,000+ Gardens DAO members, 142 Proposals, $20M available for funding in Common Pools, $4M in liquidity for Gardens DAOs on Honeyswap, Useful links: Discord’s Swarm channel 1, Garden Sprint Planning #24, Garden Sprint Planning #23, Garden Sprint Planning #22, Garden Sprint Planning #20, — 🌐Commons Swarm: - The Commons Swarm is saying goodbye!, — 💛Support Swarm: - Support Swarm has been everywhere, giving an example of what it is to be a member of 1hive. January was not necessarily a very busy month, but our members have always had a constant presence on all our channels, ready to offer help to anyone in need. Our funding lasted one month more than expected, and we are now preparing a new proposal that will enlarge the utility of the Swarm and the reach of our work. The proposal is set to be up in February. — 🌎Terra Swarm: - The Terra swarm was not active in January, since the December monthly recap was out a bit later and we decided to save the funds for the upcoming recaps and valuable articles to translate. Stay tuned for the upcoming recaps and translations from our team! Useful Links: Terra Dao Proposal #3, Terra Dao Forum Post, Terra DAO Bounty Board 1, — 🌵Agave Swarm: - Definitely one of the busiest months in Agave’s history! In January we added 2 new tokens as collateral: $LINK and $GNO. What does this mean for the Agave platform? According to DefiLlama, this meant a spike of 304% in our TVL, which peaked at roughly 8.5M before the market correction. Both tokens were added after a community vote which received great participation. We have reintroduced the Gno-Agve incentives through the CPT token. If you are unfamiliar with them, please check this guide 1 and video about it. This is not everything. We announced a partnership with DeHive and hosted a double Telegram AMA on Friday 21st. Agave is part of DeHive’s xdai cluster. Our social engagement rose quite consistently, and we surpassed 3000 followers on Twitter. The end of the month is also very interesting. On January 28th we hosted an AMA with the ShapeShift Community. The communities was asked to vote on adding $FOX to the Agave Platform and in February the token will likely join our Money Market Protocol. We have more exciting news for the coming weeks and months, and we’re enjoying the growth of Gnosis Chain. Stay tuned through our channels. Agave DAO, Discord, Telegram, Twitter — 🦋Morphosis Swarm: - Metaverde has been hosting weekly labs, at first going through Cryptozombies and now doing Austin Griffith’s Scaffold-Eth challenges. You don’t have to sign up at Speedrun. If you do, though, you can submit your challenges to be tested, start building a portfolio, and eventually get your ENS wallet courtesy of Austin, join BUIDL Guild, and get streamed Ethereum! Speaking of streaming, T Wells has generously offered to stream the labs to Twitch. Thank-you to T Wells. For the first week in February we’ll be going through the simple-nft-minter, Challenge 0. It’s super simple, just to get you set up with the tools. No coding: a little cut and paste is all. Unless someone would prefer something else, of course. Scaffold-Eth was designed so devs could set up a project already connected to a front-end, especially to get hackathon contestants able to work on and demonstrate code quickly. Even people who don’t want to learn Solidity should at least do Challenge 0. Being able to spin up and deploy a web3 site is powerful. Watch for the time! It’s not set in stone for Thursdays any more. Useful links: Austin Griffith’s Scaffold-Eth challenges, Ethereum Developer Course, Discord Server, Morphosis, — 🐝Buzz Swarm: - Buzz team in January 2022 was focused mostly on creating opportunities such as partnerships, AMA events, building connections with other partners and informing through our social media and reader channels. We are still noticing growth regarding the followers/subscribers which means the interest is there. We also had buzz calls each week talking about reorganizing our activities and creatives and on how we can improve our reach. Several discussions gave us some signals on what we should do next, we felt need to create more article channels which are good for content syndication and we also get to have more outreach. Our activities on social media channels are moving on constant pace and increasing too ,we regularly communicated about any news on these channels : We were thrilled to have AMA sessions with Dehive Finance on their discord and on our 1Htv channel on Twitch,we also had fun with Zer8 and Billijitsy talking about NFbeez and communicating regularly about this cool new project. We partake in additional AMA sessions with Hedgey Finance and hine DAO. Producing more content with 1HiveTV now, we are hosting new live event each Wednesday on Twitch with D0sh and solarmkd, starting at 8pm utc , focused on NFTs and gaming which we think is nice addition to the Mondays 1Hive Twitch We also have a Buzz Calls on our Discord on Thursdays 8pm UTC, everyone is welcome to join. — 📒NFBeez: - The NFBeez are building behind the scenes to create more community interaction and utility. They hit a large milestone with over 1,000 mints. A 1 of 1 Fire Bee was minted in the last week of January with still 2 more 1 of 1 unique bees to be found. What the NFBeez have given back to the community so far after launching 2 weeks: Billyjitsu airdropped an NFBee to a winner of a secret contest he held (People that kept their profile picture as an NFBee for a week), The NFBeez gave back 688 xDai to the 1Hive Treasury as part of their promised budget. As more Beez get minted, more will go back to the treasury, The NFBeez gave 313 xDai to the 1Hive BuzzDAO Treasury as part of their promised budget., In the currently stated contest, ONE lucky NFBee holder will receive 1 HNY token just for holding an NFBee (This includes ALL airdrops holder and contest winners)., Currently, the NFBee NFT token is being used as a governance token via Snapshot through With a successful pass for making payments in pure xDai there are a few votes coming up., Adding more voting power to pure legendary NFBeez, Possible cross chain deployment that will require a large vote as well (coming soon), Things in process: Adding WalletConnect and other wallet support, A gallery just for the beez, — ⭐Quests Swarm: - First of all we had new funding this month. So we want to thank the community for their support. Progress with the MVP UI is close to completion. We’ve mainly been bug fixing and will continue to for a few weeks. Chimdalu has started UX and design investigation and we may update the design if we feel we need to. The current rinkeby test deployment can be seen here: Quest The current logo can be seen in the Discord Quests channel: Here All the MVP feature are now functional: Browse Quests with filtering, Create Quest as a Creator, Fund Quest as a Patron, Claim Quest as a Player, Challenge a Quest and raise it to a mocked Celeste, Useful links: MVP Scope, Quests swarm last funding proposal, Github 1, Web App (Rinkeby), Kanban, 💰Treasury: Treasury Swarm has deployed 100 HNY into the Hedgey Calls protocol at various levels for treasury diversification — Paid 1500 xDAI so far, one entire pool sold out within minutes of deployment, 12,000 xDAI in the treasury swarm multi-sig — These funds can be delivered back to the 1hive DAO for operational and general usage, 1Hive Monthly Recap January 2022 was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.

1Hive Monthly Recap December 2021

A full year has passed and I am happy to present you the December Monthly Recap. It has been an exciting year for 1hive. We have launched several products: Celeste, Agave, Gardens, Honeycomb, we have expanded to Polygon, strengthened collaborations with projects and communities in the cryptosphere, started new initiatives — 1hive TV, NFBeez — and have much more in the pipeline for the upcoming year. Make sure to support our communities by joining our social channels: Telegram: 1Hive — Agave Twitter: 1Hive — Agave — Gardens — NFBeez Discord: 1Hive — Agave Youtube: 1Hive Previous Recaps: Recap November 2021 / Recap October 2021 / Recap September 2021 / Recap August 2021 / Recap July 2021 / Recap June 2021 / Recap May 2021 / Recap Mar22nd — Apri25th / Recap Feb9th — Mar21st — 🌻Gardens Swarm: - Gardens celebrated the launch of Giveth’s GIV token, which rewards donors to verified social good projects to promote funding for Public Goods: Welcome to the GIVeconomy — YouTube 1 Useful links: Discord’s Swarm channel, Garden Sprint Planning #24 1, Garden Sprint Planning #23, Garden Sprint Planning #22, Garden Sprint Planning #20, — 🌐Commons Swarm: - We have released documentation on how to use the EVMcrispr. This concludes the three-part series of articles written to showcase the outcomes of Commons Swarm. We also have released a new version of EVMcrispr sponsored by Giveth. It includes: New features:, New command that introduces the ability to upgrade apps., New syntax-sugar method to use agent’s execute function directly., Gas price and gas limit can be specified now passing them to the forward function., You can pass strings with spaces now to the console using double-quote notation., Fixes: It now recognizes fixed-size array parameters, needed in some agent calls., It now loads DAO apps even if some of them don’t have a reachable artifact., Some cool stuff you can check out: Commons Swarm weekly updates thread., We are about to perform the Commons Upgrade, the last parameter votes are now!, — 🏵️Pollen Swarm: - More update from Pollen Swarm in the next Recap Useful links: Pollen Distribution (20th July), Pollen automation compensation proposal, — 💛Support Swarm: - Support Swarm have been everywhere, giving an example of what it is to be a member of 1hive. Since honey pumped again, our funding will last us for one more month so this time we won’t be making another proposal. So, what is next? Support Swarm is planning some cool stuff for the next month, so stay tuned! — 🌎Terra Swarm: - The work of the Terra Swarm has slowed down in December, since the previous months saw high activity in updating the Wiki and in translating the Gardens Gitbook page. Besides the monthly recap, at the moment we don’t have lots of work to do, and we will be waiting for the next updates in the documentation, ready to translate in several languages. Useful Links: Terra Dao Proposal #3, Terra Dao Forum Post, Terra DAO Bounty Board 1, — 🌵Agave Swarm: - December may look like a slower month for Agave, but in reality lots of work has been done and we’re putting the ground for an exciting 2022. Short term, the xDai-Gnosis merge is not bringing a positive effect, since our liquidity incentives were based on TVL growth and users are withdrawing their $Stake in order to swap them with $Gno. However, we have implemented the Carrot KPI token, which will be a great incentive to loyal users and holders, and the rewards will increase with the increase of our TVL. If you are not familiar with this new reward system, please take a look at this article. Furthermore, our fourth “How to Agave” article is out: Longing vs Shorting. We invite you to take a look at this article to understand DeFi a little better. What is next for Agave? The upcoming months look pretty exciting. We are going to add new tokens to the platform (among these, Link, Usdt, Gno), renegotiate our liquidity incentives with Gnosis, and hope to expand our reach to the users that will inevitably join the Gnosis chain as this grows and gets traction. Agave DAO, Discord, Telegram, Twitter — 🦋Morphosis Swarm: - More update from Morphosis Swarm in the next Recap Useful links: Ethereum Developer Course, Discord Server, Morphosis, — 🌞Celeste Swarm: - More update from Celeste Swarm in the next Recap Useful Links:, Celeste, Celeste Documentation, Disputed and cancelled proposal 1, 10 HNY deposit for Celeste rewards, — 🐝Buzz Swarm: - For the month of December buzz had focus on creating and generating original content. We were working on banners and ad links for blockscout in order to bring more exposure to the 1Hive dapps. We already submitted some of the banners and others are still work in progress. Here are some examples: Make the best swaps while supporting public goods Launch the app now Decentralized interface to set up a covenant-based DAO. Learn more We are also working on NFBeez,Celeste and Honeycomb ads, more insights on this in the next recap. Other than that, we had a call and we are communicating with the NFBeez founders in order to help promote NFBez and 1Hive together, it is looking like a very promising project and many of the contributors are part of 1Hive. On the DeFI side of the business we are in talks with DeHive for some time and they successfully launched 2 clusters (indexes) which are supporting buy pressure of $HNY and other tokens on Honeyswap , one of the indexes called De-xdai cluster contains large proportion of ~26% $HNY. When people are buying this index there is some $HNY bought and they and there are also staking rewards for it in $GNO and $DHV and we are now communicating to help them with some rewards together with the other projects in the index to offer more sustainable yields long term We also made nice celebration banners for Christmas and New Year and shared them with our dear 1Hive community. Buzz has been integrating their time into Honeyswap development/Tulip swarm in order to break the barriers for the partnerships requirements. We require multi reward farm contracts to be able to create partnership opportunities as that has been the main sentiment out of the meetings we have been a part of. Also multi-reward farms allow for better liquidity conditions on Honeyswap and sustainable token farming with lucrative APRs. We will dedicate more time to work on partnerships, campaigns and DAO 2 DAO or Dao 2 Project communications and events such as AMA events etc. Buzz joined the Gnosis innovation DAO to keep up to date to have a voice in the network. — 📒NFBeez: - December has been the busiest month for the NFBee swarm because we are getting very close to LAUNCH. Achievements in December: -the art is finalized at long last (Thanks Gigadig) -the website is live: (Thanks Billy) -all the airdrop addresses are collected and ready to receive an NFBee (Thanks Billy) -we are getting very close to launch. The mint is No longer 3,333 NFTs, it is now 2,525 -That means all the NFTs just went up in value -The price for each mint will now be 39xDai -nfbeez.eth registered to create voting system for NFBees -we have finalized our budget: Project Overview — Google Sheets Big thanks to the Buzz Swarm for the constant support with guidance, marketing, designs, banners and love! Get ready for the HATCH! — ⭐Quests Swarm: - This month was a big sprint to complete the MVP 1 for the end of the year. We have worked very hard together to reach this goal. We are happy to announce that all these features are now available : Browse already existing quests, Create a quest as a Creator, Fund quest as a Patron, Claim/Challenge quest (coming very soon), So early 2022 will be a Big Bug Bash & fix that may result in our first release : MVP 1. We already have a demo version (Claim/Challenge feature have some dummy data right now): Demo App (Rinkeby) So year, Quests swarm will put focus on all the stuff we have kept in the icebox as well as fixing and maintaining the initial version (MVP). We are now around 4 active members. We would be happy to welcome more members, if anyone is wheeling for a couple of hours a week (or more), poke Quests channel on discord Cheers Useful links: Quests swarm funding proposal, Github, Web App (Rinkeby), Kanban, — 🧱HiveCraft: - More updates from Hivecraft in the next Monthly Recap. Useful links: 1Hive Minecraft Blockchain Server, 1Hive Community’s Decentralized Dedicated Minecraft Server, Hivecraft discord invite, — Treasury: - The Treasury Swarm has been focused on utilizing Hedgey’s covered calls product in continued strategies to responsibly convert HNY into xDAI. 100 HNY has been allocated to the treasury swarm to continue diversification strategies, and will be utilizing a new more efficient Hedgey covered calls tool called the Treasury Pools to scale and accommodate for the increased allotment size. Some stats from the pilot as of the end of the year (the 30 HNY initially allocated): Total xDAI in the Gnosis Safe: 9,712 xDAI, $2,387 earned in Premiums (25% Yield ~ 100% APY), 27.5 HNY converted to 7,325 via options exercised, 2.5 HNY still deployed with Hedgey (may result in an additional $1,250 xDAI), As we look into 2022, the next steps are to work with the new Hedgey Gnosis Safe App (expected to be deployed into production early January) to use the Treasury Pools (pooled covered calls) product to layer out strategies for the 100 HNY. Discussions to be held with the swarm on optimal strategies to begin with. The goal is to generate at least 50k in xDAI over the course of 3–6months with this 100 HNY, and then continually request additional allocations for more usage and diversification. There are additional Hedgey tools being built that may interest the HNY DAO and Treasury swarm — to be investigated as we learn more. We would like to additionally begin the integrations of Hedgey tools into Gardens apps and ecosystem. Will need cross swarm collaboration for that integration process. — 🌷Tulip Swarm: - The proposal passed and we’re now on track with a plan to change the farms and implement new functionalities. In the immediate future we’ll be deactivating the lock function on the farms and work on more and better analytics for the 1Hive Dune Board as well as implementing new farming contracts to offer more options to Garden’s communities. 1Hive Monthly Recap December 2021 was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.

Welcome to Gardens: let’s plant the seeds for the public economy

Our new home for Gardens: Go ahead, put your farming experience to work, take a shovel and plant the seeds of the public economy. Today we are introducing the Gardens platform, the economic engine for common goods to flourish. Each Garden gives its community powerful tools to experiment at the edges, create currency policies, allocate shared resources, and make decisions bottom-up. Everything while keeping the system credibly neutral, accountable, and self-improving. Important actions in the Garden are bound to the community’s mission, values, and rules. And they’re protected by a dispute resolution protocol in case bad actors want to abuse the system. We are long into the network effects that the Gardens platform will provide for its communities. Even at this early stage, we started seeing examples of DAO2DAO collaboration between Gardens, creating more resilient communities. We released with support on xDai, Polygon, and Rinkeby (for testing). With plans to include Arbitrum or Optimism soon. You can access the platform at — Why Use Gardens - 🟢 DAOs are a leap forward in human coordination progress. They resemble communities more than companies, and when digital communities have capital, it turns out they’re quite powerful. The governance structures of early DAOs however don’t always take advantage of this. Influence in most DAOs unintentionally (or intentionally) gravitates to a select group of people that control its direction. For the Average Joe, their influence is limited to their number of votes. Gardens however allow Average Joe in a community to actually do stuff, while still protecting the community from abuse. This “bottom-up” governance comes with efficiency costs, but for many DAOs the benefits are huge. — Who Should Use Gardens - 🔸 💚 🔸 Centralized power is completely fine for many organizations. Even in the cryptocurrency space. If leadership is capable and benchmarks for success are clear (like users and revenue), centralized organizations are probably better than decentralized ones. Many other organizations are better off with bottom-up governance, like: Those concerned about security and longevity. Communities at risk of governments deciding they don’t like them, or communities that want to outlive their team of leaders., Organizations with passionate members. Those intrinsically motivated to make that community better. This can be done by a centralized organization or company too, by dedicating a portion of their treasury to a Garden., Communities that build public goods, where the value a community creates is subjective to those who share its wealth. In a pre-DAO world, these communities are charities, clubs, government agencies, activists, religions, or a neighbor who takes time out of her day to clean broken glass off the sidewalk., — How To Create A Garden - — Common Pool - Each Garden has a Common Pool with tokens held collectively by the community and which are available for distribution via proposals. During creation, the Common Pool can be configured to be a Gnosis Safe, allowing communities to use Gardens while still tapping into Zodiac DAO modules.🌻🤝🪐 — Types of Gardens - We currently support two types: Veneto Gardens and Boboli Gardens. Veneto Gardens✳️ The type of Garden that 1Hive uses. It comes with a powerful dynamic issuance policy that can be fine-tuned during creation. Gardens that collectively allocate resources productively should expect to see increases in demand for their token outpace issuance, either because their token is being removed from the circulating supply (fee capture or supply sinks), or because demand for their token increases from its utility (output or perceived value). When a community launches this type of Garden, they also create a community token. This token grants voting power to vote on proposals that allocate shared resources from the Common Pool. The key features are: A configurable amount of community tokens is minted and sent to the Common Pool., A pre-distribution of initial tokens can be made by the Garden summoner to accounts within the related community., A configurable Dynamic Issuance Policy, that mints and burns the Common Pool tokens relative to a specified threshold., Boboli Gardens❇️ Under this type of Garden, you have more flexibility in the sense that you are importing an existing token that may already have its own supply policy and rules associated with it. Once imported, this token is used to attribute voting power over the Garden’s shared resources. One key difference between this type of garden and a Veneto Garden is the governance incentives. The incentive can be used to reward users who choose to import their existing ERC20 token into the Garden in order to gain governance rights within that Garden. The community creating the Garden is encouraged to: Allocate a portion of their treasury to the Garden Common Pool., Send tokens to the incentive contract to reward users who choose to import the original token in exchange for governance rights in the Garden, … As a final note, in both types of Gardens,Common Pool funds may consist of the governance token, or any ERC-20 token. — Gardens Deep Dive - The main components of a Garden are Conviction Voting, Community Covenant, Celeste, and Decision Voting.Pillars 🏛 — The Role of the Covenant - Role of the Covenant 📜 You can think of the Covenant as a constitution or decentralized social contract. On a practical level, a Covenant is a document, stored on IPFS, which explains what a Garden is about in plain English. It establishes values, rules, and customs, and is used to protect the Garden from malicious actors without sacrificing the agency of its members. It should be designed as an essential resource in moments of conflict and a contextual reference for Keepers to rule on a proposal that has been challenged and escalated to Celeste, the dispute resolution protocol of the system. The key idea here is that a covenant allows an organization’s actions to be governed by a subjective set of rules; rules which are either impossible to encode into smart contracts, or which would otherwise result in a complicated and slow-moving organization. For example, here’s an extract from 1Hive’s Covenant:1Hive is a community of activists seeking to build a future that is more free, fair, open, and humane.1Hive is also an economic protocol, similar to Bitcoin or Ethereum, where a digital currency, Honey, is issued and distributed programmatically. Unlike Bitcoin or Ethereum, the 1Hive protocol does not narrowly define the set of activities that are valuable but instead relies on community members to guide the distribution process by creating and staking on Honey distribution proposals.The goal of the 1Hive protocol is to foster a healthy community economy by allocating a steady stream of Honey towards development, maintenance, and improvement of the common goods that bring the most value to the 1Hive community… Anyone interacting with the 1Hive community has to abide by this Covenant.Sign modal ✍️ You can use the Covenant to create behavioral expectations within community spaces such as Discourse, and Discord. Another extract from 1Hive’s Covenant:Examples of behavior that contributes to a positive environment for our community include: Demonstrating empathy and kindness toward other people, Being respectful of differing opinions, viewpoints, and experiences, Giving and gracefully accepting constructive feedback, Accepting responsibility and apologizing to those affected by our mistakes, and learning from the experience, Focusing on what is best not just for us as individuals, but for the overall community, This allows community moderators to refer to the Covenant as a guideline. It also ensures that these guidelines cannot be changed in the community without the community’s approval. — Participation - Gardens are community-driven organisms. Community members are encouraged to participate in the sense-making of the DAO by submitting, discussing, and staking on proposals. In Gardens there are three kinds of proposals: Suggestion, Funding, and Decision. — Suggestions and Funding proposals - Suggestions and Funding proposals use the Conviction Voting component. Conviction Voting allows proposals to be created and considered continuously and simultaneously. Participants can signal their preferences for the proposals they support, but they are not able to “double count” their influence across multiple proposals. When members start supporting a proposal, the support (or conviction) does not immediately apply but instead must charge up over time according to an exponential decay function or half-life.Conviction Voting 💧 Suggestions, including the abstain proposal, are proposals that do not request funds from the common pool. They can be used to draw collective attention to specific issues, without committing or requesting funds be allocated to the issue. Suggestions can accumulate support, but they will never pass. Instead, supporting a suggestion will increase the amount of support required for all other funding proposals to pass. So if you think the community is spending money unproductively, support the abstain proposal, or create a new signaling proposal that makes the case for how you think the community should actually be allocating resources. This can have a meaningful influence on the behavior of the system. Funding will have an activation threshold and can be executed by anyone once enough relative support has accumulated to that proposal. When executed, the requested amount of the community token will be transferred from the Common Pool to the beneficiary address, so long as it isn’t disputed with Celeste.Funding proposal 💰 For a deeper dive on Conviction Voting, check out this cadCAD model exploring the mechanism. — Decision proposals - Decision proposals use the Decision Voting component. Funding and Suggestion proposals are the primary means of governance within a Garden, however, occasionally there is an unavoidable need to make a discrete decision. For example, upgrading smart contracts or adjusting the parameterization of a policy. In these instances a more traditional voting process is used, where a discrete action is proposed and voted on in a binary fashion. Votes are open for a fixed period of time, and if quorum and support thresholds are reached the vote passes, and the action is executed.Decision vote 🧬 Decision proposals include one-level delegation, allowing token holders to give their voting powers to a delegate who will cast votes on their behalf. A voter however does not give up full control. The delegates are forced to vote early in the voting period and if the token holder sees that their delegate has voted contrary to the token holder’s will, they can veto their vested portion of the delegate’s vote and cast their vote themselves. Both a delegate and a token holder can only vote ONCE.Your delegate 🙋 — What’s Next - We are just starting to explore the powerful network effects that are emerging from the public economy. Our focus will be on continuously improving the Gardens platform and services, optimizing for the resilience of its communities. A few of the ongoing discussions: Conviction Voting v2 with support for multiple Gardens tokens that allow even more DAO2DAO coordination., BrightID Gatekeeper to add a Sybil resistance layer to certain Gardens actions., Plug-and-play Bonding Curve for Gardens tokens., Profile migration to Ceramic and IDX., As a closing note, we would like to thank everyone that made this platform possible. If we made it this far it was only because we are “standing on the shoulders of giants”: Aragon project, Aragon One team, Commons Swarm team, 1Hive, BlockScience, BrightID, Cold Truth Culture, Agave, Giveth, Token Engineering Commons, Welcome to Gardens: let’s plant the seeds for the public economy was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.

1Hive Monthly Recap November 2021

Another month has passed, and our swarms have been very active on multiple fronts. Here is what they have been up to — 🌻Gardens Swarm: - Gardens is now live! This week Gardens rolled out its new “Create a Garden’’ interface, letting people build their own DAO using the Covenant/Conviction Voting/Celeste governance model built and pioneered by 1Hive. Gardens is available on both xDai and Polygon, and is being built on Arbitrum as well, ready soon. Check it out at (use Rinkeby network for testing). The launch was first announced on Twitter [thread here]; We hosted a launch party & AMA to celebrate the launch, featuring presentations from Bright ID, Gnosis, TEC and many more. We will soon share a video related to our launch AMA, and stay tuned for the exciting upcoming news! — Useful links - Discord’s Swarm channel, Garden Sprint Planning #24, Garden Sprint Planning #23, Garden Sprint Planning #22, Garden Sprint Planning #20, — 🌐Commons Swarm: - We have the Augmented Bonding Curve contracts almost ready. A new version is deployed on Rinkeby and xDai, however a final revision by Shokai pointed out a few critical issues that we will fix shortly. It will be able to be installed using the instructions in the updated ABC thread in the 1Hive forum., The frontend has been updated accordingly to keep track of the changes., You can test an ABC demo in, The TEC Params Parties are coming up with proposals for the designs that will eventually be implemented in the TEC Garden. Here is the calendar if you’re interested in joining one (you should!)., We also have debates for those of you who have joined a Party already. These debates are a key for the final decision on the collaborative economic model the TEC will use., — 🏵️Pollen Swarm: - More news from Pollen swarm in the next Recaps. Useful links: Pollen Distribution (20th July), Pollen automation compensation proposal, — 💛Support Swarm: - Our team is now around every channel, guiding newbees in every step to get started with the community. Support Swarm has been actively working, making it easier for new individuals to get onboarded to 1Hive, help solving specifically technical problems that people may encounter using 1Hive’s products, and educating those individuals to engage in blockchain transactions in a secure manner. Our goals: To help with onboarding & troubleshooting., Highly active team (high accountability no work = no pay), Develop community people trained (group of 4 to consult with each other), Facilitator role; he will supervise, review the analytics, and pay the correct amount of HNY to the supporters., Keeping the Wiki updated., Senior Supporter: Eenti, Stonky, Mrt (New member)!, Fabio, Facilitator: Escanor, — 🌎Terra Swarm: - During the month of November, Terra Swarm worked on the Gardens Documentation. In fact, after completing the update of the 1Hive Wiki page, the Gardens Wiki page has been our top priority. Translations in Spanish, Turkish, French, Italian, Portuguese are almost all completed. In the coming month we will make sure to polish even more of our translations and, with the other funds that we have left, we will translate eventual articles, guides and, as usual, the monthly recap. Useful Links: Terra Dao Proposal #3, Terra Dao Forum Post, Terra DAO Bounty Board 1, — 🌵Agave Swarm: - As always, the Agave DAO has been working very hard on keeping the development of the project. In November the $Stake + $Agve incentives went live and users are enjoying up to three layers of rewards by claiming on the Agave platform. We have prepared a step-by-step guide and a video, which you can see here. We had an AMA with ELK Finance and XION, two partners with whom we are creating new ways to benefit our communities. You can now farm $ELK — $AGVE on Elk Finance by enjoying an APY of roughly 130%. On Nov29th we made official our partnership with XION; Details of this partnership and its benefits are available here. Our Staking Rewards ended on Nov14th and rewards have been extended. We hired a new frontend dev and we are busy improving the user experience on Gardens, to allow the community to vote and create proposals. We have completed the original documentation of Agave (Gitbook), and we will share it in the next few weeks. Future plans for Agave include several things, including new partnerships, adding new tokens to the Agave platform and always exploring new ways to give value to our $AGVE token. Agave DAO, Discord, Telegram, Twitter — 🦋Morphosis Swarm: - More update from Morphosis Swarm in the next Recap Useful links: Ethereum Developer Course, Discord Server, Morphosis, — 🌞Celeste Swarm: - Begun consulting with Gitdao to enable the use of Celeste for a denied Gitcoin proposal appeal., In the testing stages of deploying Celeste to Polygon., Useful Links:, Celeste, Celeste Documentation, Disputed and cancelled proposal 1, 10 HNY deposit for Celeste rewards, — 🐝Buzz Swarm: - During the last month Buzz was focused in the creative department of 1Hive. We’ve added 2 new members from the design department harsh24 and rohekbenitez to help us enhance our marketing reach. Speaking of advertisements, we are working on Blockscout campaign were will have a chance to have 1Hive related ads to appear on Blockscout. We have submitted ads for Gardens and we are working on banners for Celeste,1Hive DAO in general, Honeyswap, Honeycomb, NFBeez etc. Furthermore we are in touch with Hedgey Finance and have done some cross media marketing on Twitter which was focused on the new Honey Moon Market calls as decided on the recent proposal. 100 HNY will be set for people to buy calls so we thought a nice banner ad for twitter is needed. We plan to push more ads for these calls as they are helping diversity our treasury and we think are really important. As we stated in our proposal we want to focus on twitter content and the results are visible after only a 1 month long campaign push. 1Hive went from 5000 to almost 6000 followers in just a month so we will continue with these efforts. We had an interesting call with DeHive and we are talking with them about 1Hive Dehive collaboration, they want to bring their index clusters on Honeyswap. We had fun on Elk rush making some ads for the new farms and we were into an AMA on their Telegram answering questions about 1Hive DAO. — 📒Canon Project (PFBeez): - The NFBeez have been hard at work these last couple of months. In the month of November partnerships were setup with Gitcoin, BrightID, ShapeShift, xDAI Punks, TEC, Gardens, Agave and Eporio with artists from each community submitting their own version of the NFBee. The smart contracts and front end for the NFBeez have been 90% completed — thanks almost exclusively to Billyjitsu, with the minting contract just awaiting an audit from 1Hive’s very own Luigy Lemon. We have a projected launch date in mid-December and are just awaiting additional artwork for Gigadig to animate. ZER8 launched the official NFBeez Twitter (link here) and has quickly broached 165 followers. If you’re interested in supporting this unique 1Hive Project please be sure to drop a follow over there :). Future plans for the NFBeez involve an implementation of a royalty contract with Eporio, additional co-marketing efforts with some of the major NFT projects on xDAI and a potential second drop after this one sells out. — ⭐Quests Swarm: - This month was the month we had 3 new recruits so dev speed will increase compared to previous months. There is a new added feature that is the ability to filter quests with a few parameters (full text, bounty, tags, expiration time). The front end has been entirely migrated to typescript to be able to have a more structured code base, subgraph has been migrated to the new Subgraph Studio platform. And finally, a couple of bugs have been fixed. Useful links: Quests swarm funding proposal, Github, Web App (Rinkeby), Kanban, — 🧱HiveCraft: - Hi bees, this update on hivecraft will be brief because in these weeks Minecraft (in its entirety) has received one of the strongest and biggest updates so far (Minecraft 1.18: Caves and Cliffs Update Part 2). This means that several plugins and add-ons that are used on the server are currently out of date with respect to the server, which means that the server will be out of date until we reconfigure and find the respective updates of the plugins. I would also like to invite anyone who wants to get involved in the development of the Hivecraft server who has had previous experience with plugins and server programming as Erminio and I have been looking for alternatives to decentralize the server through governance. Thanks for your attention, any questions regarding Hivecraft can be consulted on the discord server Useful links: 1Hive Minecraft Blockchain Server, 1Hive Community’s Decentralized Dedicated Minecraft Server, Hivecraft discord invite, — Treasury: - Continued pilot of Hedgey’s Options Program, thus far generating 2,800 xDAI through sales of covered calls and some being exercised, New Proposal passed and funded to swarm multi-sig to utilize Hedgey’s platform to put 100 HNY to work in treasury call pools on a rolling basis, with the goal of generating 30k+ xDAI with this HNY current allocation (15% yield plus conversions), — 🌷Tulip Swarm: - We’ve been talking a lot lately about Honeyswap and how important it is for the community. We finally had a community call regarding the potential future of Honeyswap, how we can align it better with Gardens and how we can ensure its maintenance overtime. There’s still a lot to be made and quite a few details to figure out but at least it has started and we have some hands down to do some work, more details about what we talked here Honeyswap roadmap planning call Nov. 23rd A busy month, as you can see! See you at the end of the year for the December monthly recap and a wrap up of 1Hive’s 2021! 1Hive Monthly Recap November 2021 was originally published in 1Hive on Medium, where people are continuing the conversation by highlighting and responding to this story.


Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round

    After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa.New Funding to Help Bitmama Scale Up Crypto Use Cases in Africa A Nigeria-based blockchain startup, Bitmama, recently closed its pre-seed funding round at $2 million after it added $1.65 million to the $350,000 that was raised in October last year. According to a Techcrunch report, the funding round was led by two Africa-focused venture capital (VC) firms, namely, Unicorn Growth Capital and Launch Africa. Also participating in the fundraise were existing and new investors such as Adaverse, Flori Ventures, Tekedia Capital, Greenhouse Capital, ODBA, Five35 Ventures, Chrysalis Capital, Enrich Africa, Thrive Africa, and Angellist Ventures. Angel investors that participated in the round include Rene Reinsberg, Marek Olszewski, and Honey Ogundeyi. According to the report, the blockchain startup will use the funds raised to bolster its team as well as to integrate its product offerings. The funds will further be used to help Bitmama scale up use cases for cryptocurrency on the African continent. Buying and Selling Crypto on Bitmama In remarks following the announcement, Ruth Iselema, a founder and the chief executive officer at Bitmama, said: We started Bitmama to make it easy for anyone across the... read More

Hive Investments: A Next-Gen DaaS and NFT Ecosystem

    The crypto and blockchain industry has grown beyond just trading cryptocurrencies. Today, blockchain concepts like decentralized finance (DeFi) and non-fungible tokens (NFTs) have attracted many investors to the space with the hope of making massive gains. While some investors are experienced with these complex DeFi protocols, the average Joe interested in DeFi products has neither the experience nor the technical skill to maximize their opportunities in the ecosystem. The emergence of DeFi-as-a-Service (DaaS) has changed that narrative, as DaaS protocols are able to manage a treasury of funds on behalf of investors with the returns distributed among them according to their contributions. However, many DaaS protocols also pose significant risks to unwary investors due to the volatile nature of the cryptocurrency space. Hive Investments intends to become the go-to DaaS platform for the industry by providing investors with long-term sustainability. What is Hive Investments? Hive Investments is a next-gen NFT and DaaS protocol built on the Polygon network that aims to improve on some of the major issues faced by the industry. The project is working to acquire market-leading returns on all treasury investments while expanding its ecosystem. Hive aims to bring the best out of the DeFi and NFT sectors and provide users with sustainable earning opportunities. Users, addressed as Bees, simply have to mint (or purchase) an in-house NFT which gives them access to all platform benefits ... read More

What Happened To Tarantino 's “Pulp Fiction” NFT Colle...

    In the end, Quentin Tarantino ’s “Pulp Fiction” NFT Collection collapsed under its own weight. Did Miramax’s lawyers scare them off? Or was there not sufficient interest in the collection by the buyers? Did the Secret Network have any technical problem that they’re not telling us about? Sadly, we can’t answer those questions at the moment. Something happened, though. We will present the facts and nothing but the facts so that each one can arrive at their own conclusions. As a reminder, in the collection’s official site they now describe the pieces as, “Each NFT in the collection consists of the original script from a single iconic scene, as well as personalized audio commentary from Quentin Tarantino himself.” The Story So Far This case is very complicated. It has a lot of ins, a lot of outs, a lot of what-have-yous. As soon as the news about Quentin Tarantino entering the NFT space hit the press, Miramax sued. The pieces were based on the 1994 movie “Pulp Fiction,” and they owned the rights. There was a strange caveat to the whole story, which Bitcoinist explained: “The Secret Network is a Layer 1 privacy blockchain created by SCRT Labs. The unique value proposition from The Secret Network lies in the name; the NFTs will be “secret” and only accessible by the NFTs owner.” “Just that fact makes the lawsuit endlessly interesting. Only the person that buys the NFT can see what’... read More

What is a Decentralized Autonomous Organization (DAO)? Everything You Ne...

    Decentralized Autonomous Organizations (DAOs) are a form of governance systems powered by their community. They can be independent of third parties, and government corporations and they also differ a lot in their business and organizational model from traditional organizations. Quick Navigation What is a DAO? The DAO Hack of 2016: The First DAO How Do DAOs Work? Creating a DAO Regulatory Laws and Legal Structure of DAOs Popular DAOs Benefits & Limitations of DAOs The Future of DAOs What is a DAO? In light of the above, we can pinpoint the following characteristics of a DAO: Non-hierarchical system: As the name suggests, DAOs are decentralized systems owned and governed by token holders rather than presidents, managers, or executives like in hierarchical systems. Self-sustained: DAO members inject liquidity into the system by staking their tokens in liquidity pools. They can also promote a crowdfunding campaign to attract investors and venture capitalist firms. Wide range of use cases: DAOs can be anything — their systems allow the creation of NFTs (Non-Fungible Tokens), digital tokens (Dash is a popular example as it's self-governed by its community), or decentralized applications (dApps). On-chain governance: Members of the DAO need to stake a certain amount of tokens to submit proposals for protocol changes or other kinds, which are voted on by other DAO members. Open source: A DAO's rules are code written and stored in its smart contract, which is visible ... read More

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