M2 Monsters

MONSTERS | NFT | FUN

BEE A BEE

Subscribed What is a DAO? #DAO #NFTs #Crypto #DeFi https://SocialBEES.io A DAO, or "Decentralized Autonomous Organization," is a community-led entity with no main authority. It is completely autonomous and transparent: smart contracts lay the foundational rules, execute the agreed upon choices, and at any point, propositions, ballot, and even the really code itself can be openly examined. Ultimately, a DAO is governed totally by its specific members who jointly make crucial decisions about the future of the job, such as technical upgrades and treasury allowances. Normally speaking, neighborhood members develop proposals about the future operations of the protocol and after that come together to vote on each proposal. Proposals that attain some predefined level of agreement are then accepted and implemented by the rules instantiated within the smart contract. Familiar hierarchical structures seen within big corporations give way to neighborhood collaboration under this framework. Each specific member of the DAO manages the protocol at some level. Part of the sophistication of this framework is the positioning of rewards. That is, it remains in the person's benefit to be forthright in their ballot and just to approve proposals that serve the best interest of the protocol itself. A healthy, robust protocol will gather more usage, and in turn, increase the worth of the tokens of which each DAO member is in possession of. So as the protocol prospers, so do the token holders. How does a DAO work? The rules of the DAO are established by a core team of neighborhood members through making use of smart contracts. These smart contracts lay out the fundamental framework by which the DAO is to operate. They are extremely noticeable, proven, and publicly auditable so any possible member can totally comprehend how the protocol is to operate at every step. As soon as these rules are officially written onto the blockchain, the next action is around funding: the DAO requires to figure out how to receive financing and how to bestow governance. This is generally accomplished through token issuance, by which the protocol offers tokens to raise funds and fill the DAO treasury. In return for their fiat, token holders are provided certain voting rights, normally proportional to their holdings. Once financing is completed, the DAO is ready for release. At this moment, when the code is pushed into production, it can no longer be altered by any other methods aside from an agreement reached through member ballot. That is, no special authority can customize the guidelines of the DAO; it is entirely up to the community of token holders to choose.

Why Become A Bee?

1. Education – For a one-time membership fee of buying a BEE, you gain access to best education you can buy to learn about Blockchain, Crypto, Defi, and NFTs. 2. Training – BEES offer way more than just training tutorials & video. Members are readily available around the clock to answer questions. They are excited and motivated to teach new members. 3. No On Going Costs – There isn’t an educational institution in the world that could offer anywhere close to all the knowledge you can gain and you will always receive the latest updates in blockchain to continually learn what’s new. 4. Decentralized Autonomous Organization (DAO) – As a BEE holder, you gain one vote per BEE as a member to vote on proposal on using DAO funds, Collabs and/or Swarm power to various projects. 5. Asset Backed BEE – Unlike more NFT memberships, your BEE is packed with the BHNY token that will release starting in May of 2023. It will drip out BHNY every second from that point on for 20 years. 6. EmpowerMint BEE – Practically an additional asset as well. Once minted, every Bee comes with a EmpowerMint Bee, which will be released a year after collection launch & when secondary sales of Bees on OpenSea reaches 10K ETH. Every EmpowerMint Bee will also be getting BHNY Tokens, so it’s 1+1 Bees both infused with BHNY! Also: An Opportunity of a Lifetime for a Lifetime of Opportunity Rare and priceless opportunity to impact tangible positive change in the world through Crypto Education, DeFi and Blockchain technology, together with like-minded, brilliant, selfless and authentic folks from all walks of life… One’s personal experience of “transforming change” in the community readily spreads to one’s circle of influence… and as a collective, to the rest of the world. 7. BEE Honey Token (BHNY) – The community ecosystem has it own token that has 29 million coins which 99.2% are tied to the Asset Backed BEEs. The value of these token (just like our BEES) are determined by the activities of the BEES and what the market determines that worth. As a collective if want more valuation then we have to get as many as possible to be worker BEEs.

BEES NFT

The BHNY governance coin soon to follow. I will give a heads up when bees honey coin will launch,. More utility than most at launch ,.. The Social BEES University DAO will offer a community management service to web3 projects/companies. In order to do so and do it effectively, projects will need to have their own identity and culture. SBU DAO community management service is a product the DAO will offer, this product in its current form will be labeled “Web3 Global” This Web3 Global will be a generalized global discord community that is powered by the Social BEES University DAO. Each project that becomes included into the discord will be customized to give that community its own individual identity within the discord. These changes will begin overnight and will continue to be a work in progress. With the incorporation of multiple communities into the Discord the BEES will work to moderate 24/7 in multiple languages to offer the best service possible. This product will serve the DAO as a way to add to the DAO treasury. The processes and on boarding experiences are still to be explored as to the best methods, the goal is to make sure the BEES have great product market fit and focus on collaboration. cheers b socialsaves.com

SBU DAO

#BHNY # Social BEES University DAO The Social BEES University Decentralized Autonomous Organization (”SBU DAO”) is a group of hard-working misfits with deep industry expertise and caring hearts who enjoy their nightly parties and are crazy enough to think they can change the world. Social BEES also love innovating and collaborating while searching for like-minded believers in a new, token-driven, decentralized, global economy, where people will be rewarded for being the most valuable asset in the world. Social BEES University is a collection of 13,838 unique, programmatically generated NFTs deployed to the Ethereum Blockchain that governs the SBU DAO and DAO treasury. The BEES are made up of 12,958 worker BEES, 660 Princess Queens, and 220 Royal Queens. # **TLDR;** - The Social BEES will be a fully on-chain DAO - Governance runs completely via on-chain proposals and voting - Voting proposals can be submitted on-chain by any BEE - The BHNY Token and Treasuries can grow value for the Social BEES - All BEES are Asset-Backed - Honeypots are liquidity pool tokens and provide tax protection - Newly minted BEES will be sold at auction - BEE holders can propose to release their EmpowerMint BEE - A Token Curated Registry will manage day-to-day DAO operations - Net secondary sale proceeds are explained # Governance  A DAO is a Decentralized Autonomous Organization; it is community-owned and its members are validated by tokens held in their cryptocurrency wallets. SBU DAO members have the governance rights to make proposals and the voting power over those proposals. The SBU DAO will have control over: - The SBU DAO Treasury, via proposals - Contracts and interactions pertaining to the DAO - Ecosystem tokenomics The SBU NFT holders have complete control over the DAO smart contracts (“DAO Contract”). Any proposal or interaction pertaining to a DAO Contract will require a vote to pass. Contract proposals will require a 20% quorum and a 70% “FOR” (i.e., affirmative) vote in order for the vote to pass. Governance proposals and voting will occur fully on-chain (Ethereum). Ethereum transactions incur transaction (i.e., “gas”) fees for the individual or organization initiating the transaction. The submission of any proposal to the DAO will be a transaction on the Ethereum blockchain. Every interaction, proposal, and vote pertaining to the SBU DAO Contract will be conducted with complete transparency to every Social BEES University NFT holder and the world. > This “Ethereum contract” address will provide full ethereum blockchain transparency to support the points discussed in the “Governance” section of this document. Ethereum contract: [0x088D95AE734091d4e3530302603b16B2A7457F9D](https://etherscan.io/address/0x088D95AE734091d4e3530302603b16B2A7457F9D) > # Proposals Any current SBU BEE NFT holder can submit a proposal to the DAO. A proposal can be one or more transactions executed by the SBU DAO contract. Proposals can range from funding specific Ethereum addresses to more complex arrangements that might require interaction with other smart contracts. A more detailed guide to the proposal system will be provided in the future. # SBU Honey (BHNY) Token **Governance, Farming, and Utility** BHNY is created for governance, farming, and utility. BHNY will be widely used throughout the SBU DAO ecosystem (i.e, Voting, Farming, Auction, Honeypots, BHNY transaction tax, Treasury, and more). The “Ethereum contract” address below will provide full ethereum blockchain transparency to support the points discussed in this section of the document. > This “Ethereum contract” address will provide full ethereum blockchain transparency to support the points discussed in the “SBU Honey (BHNY) Token” section of this document. Ethereum contract: [0xCc802c45B55581713cEcd1Eb17BE9Ab7fcCb0844](https://etherscan.io/address/0xCc802c45B55581713cEcd1Eb17BE9Ab7fcCb0844) > ### Token Allocation  ## **Update: The SBU DAO misfits have gone crazy and burned most of their tokens.** The **BHNY Burn** is closed now, having burned a total of 34,165,200,000 BHNY (burn address: [0x000000000000000000000000000000000000dEaD](https://etherscan.io/address/0x000000000000000000000000000000000000dEaD#tokentxns)) out of the 38 billion initial BHNY. As of this update (7/25/2022) another 5,250,000 BHNY will be burned in secondary sales in days to come.  Final BHNY Burn Results The result: the new BHNY total will be 3,829,550,000 allocated in the following fashion: - 3.8 billon BHNY locked into the Asset-Backed BEE NFTs, - 29,450,000 BHNY in circulating supply, and - 100,000 BHNY apportioned to SBU Labs.  Updated BHNY Distribution Chart ### BHNY Transactional Tax Every time BHNY is moved, it will incur a transactional tax of 10%. The destination of the tax proceeds is automatically allocated in the following fashion: - 4% of the moved BHNY tokens will be sent to SBU DAO Treasury. - 3% of the moved BHNY tokens will be sent to Honeypot Storage - 2% of the moved BHNY tokens will be rewarded to Queens! (1% Princess Queens, 1% Royal Queens). - 1% of the moved BHNY tokens will be sent to the burn address: ([0x000000000000000000000000000000000000dEaD](https://etherscan.io/address/0x000000000000000000000000000000000000dEaD#tokentxns)) > This Ethereum contract address will provide full ethereum blockchain transparency to support the points discussed in the “BHNY Transactional Tax” section of this document. Ethereum contract: [0x3eD166970fBa137619ad09B55bEc06F136C251c9](https://etherscan.io/address/0x3ed166970fba137619ad09b55bec06f136c251c9/advanced#internaltx) > # Asset-Backed BEES 99.23% of the BHNY total supply will be locked into every BEE in the Social BEES NFT collection (3.8 billion). - On May 11th 2023, the Social BEES NFT-allocated BHNY will start yielding at a predetermined rate of 2% per year from the circulating supply on that day , unless previously changed by the DAO (as of 7/23/2022, the current circulating supply is 29,550,000). - The DAO — via proposals and voting — will be responsible for any changes to the yearly yield rate (between 0% to 30%) **prior to** May 11th of each calendar year. - After May 11th 2023, any BHNY that is burnt with an approved rebase contract will be an additional yield to Asset-Backed BEES. - Every time a BEE claims BHNY, it will incur a 50% Queens Tax. - Queens Tax is distributed 50% to Princess Queens and - 50% to Royal Queens. - Queens are also taxed when claiming BHNY from the yielding of asset-backed NFTs. - Honeypots can be purchased for protection from the Queens Tax. > These Ethereum contract addresses will provide full ethereum blockchain transparency to support the points discussed in the “Asset-Backed BEES” section of this document. Ethereum contracts: > > > Asset-Backed BEES: [0x4848a07744E46bb3eA93AD4933075a4Fa47b1162](https://etherscan.io/address/0x4848a07744e46bb3ea93ad4933075a4fa47b1162) > > Queens tax: [0x1aa22D89db4C060c3A1814C940AFb6454d67c693](https://etherscan.io/address/0x1aa22D89db4C060c3A1814C940AFb6454d67c693) > # Approved Rebase Contracts Any BHNY burnt by approved contracts after May 11th 2023 will be rebased out to NFT holders equally. - SBU DAO Service Contract - Secondary Sales Contract # ****Honeypots**** Honeypots are ERC-1155 tokens on the Ethereum blockchain. - The entire initial liquidity for the BHNY Token is allocated to the Honeypot Smart Contract, owned by holders of Honeypots. - After they are minted, LP tokens are locked for 3,800 days in the Honeypot smart contract and unlock proportionally as time passes. - When redeeming a Honeypot for BHNY, the Honeypot must be burned. - Honeypots exist in generations, each generation has half the unlock power of the previous generation. - Each Honeypot will reduce the taxed amount by 5% (20 Honeypots = zero tax). - Honeypots cover all BEES in the affiliated wallet address.  As Honeypots are minted, mint proceeds are allocated in the following fashion: - 100% of sales are converted to wPE. At that point, an equal amount of BHNY is taken from Honeypot Storage, and wPE/BHNY LP tokens will be generated. Those newly created LP tokens will be sent to Honeypot Smart Contract. - 20% of the value of each Honeypot sales transaction is extracted from Honeypot Storage (in BHNY) and is allocated to the Queens in the following fashion: - 50% Allocated to Princess Queens. - 50% Allocated to Royal Queens. - 10% of the value of each Honeypot sales transaction is extracted from Honeypot Storage (also in BHNY) and is sent to which will be sent to the burn address : ([0x000000000000000000000000000000000000dEaD](https://etherscan.io/address/0x000000000000000000000000000000000000dEaD#tokentxns)) > This Ethereum contract address will provide full ethereum blockchain transparency to support the points discussed in the “Honeypots” section of this document. Ethereum contract: [0xc826EC6b6Aec86e3E1498EaB9Cb9876F40aD0745](https://etherscan.io/address/0xc826ec6b6aec86e3e1498eab9cb9876f40ad0745) > # ****Auction**** The Auction provides both utility and interesting dynamics and mechanics to the ecosystem.  The Auction will be conducted in the following fashion: - An auction will be held every day for 380 days starting in June 1st ,2022. - All bids will be placed in BHNY tokens. - When time expires on an auction, the highest bidder will win the BEE. - The proceeds of each auction will be allocated in the following fashion: - 40% of the BHNY tokens used in the winning bid will be sent to SBU DAO Treasury. - 30% of the BHNY tokens used in the winning bid will be sent to Honeypot Storage. - 20% of the BHNY tokens used in the winning bid will be rewarded to Queens!. - 50% will be allocated to Princess Queens. - 50% will be allocated to Royal Queens. - 10% of the BHNY tokens used in the winning bid sent to the burn address: ([0x000000000000000000000000000000000000dEaD](https://etherscan.io/address/0x000000000000000000000000000000000000dEaD#tokentxns)) . > This Ethereum contract address will provide full ethereum blockchain transparency to support the points discussed in the “Auction” section of this document. Ethereum contract: [0xC21b5d26FB9fd9FF60da66346790591A239775cf](https://etherscan.io/address/0xC21b5d26FB9fd9FF60da66346790591A239775cf) > # EmpowerMint Each BEE minted simultaneously Empower“Mints” an additional BEE. EmpowerMint BEES will be available to release once the collection reaches 10,000 ETH traded in total volume in OpenSea secondary market and 365 days from the initial launch of the collection (December 31, 2021) have passed. Once the empowermint BEE is available, a proof of work mechanism will be use to claim it.  # SBU Labs SBU Labs serves as the day-to-day operational management of the SBU DAO. It is a Decentralized community that builds confidence in the DAO by reinforcing SBU ideals, celebrating the successes of its members, communicating the SBU message, and amplifying the impact of the DAO on the world. SBU Labs is tasked with day-to-day operations such as, but not limited to, handling social media accounts, managing its external presence, producing (and maintaining a presence at) IRL events, making its community platforms engaging, overseeing smartphone distribution, and maintaining governance of the SBU Labs. SBU Labs is self-governed except when overridden by the DAO. SBU Labs members can add or remove participants from their membership via “member curation.” Each SBU Labs member will be associated with a unique address, within which will be a unique NFT — enabling members to both vote and participate in a yielding mechanic. When a member is added, a WorkerBee NFT is minted into their address, this NFT establishes their membership in SBU Labs. Worker Bee NFTs are non-transferable - they can only be moved when after the SBU Labs' members reach a consensus. The members of SBU Labs also can come to a consensus on a proposal to decommission a specific member’s WorkerBee NFT, effectively striking that individual from their membership. Decommissioned NFTs are burnt, regardless of whether that previously removed member is reinstated; a New NFT would be minted in that case. SBU Labs will start with an initial allocation of 100,000 BHNY to be distributed to its members over a 90 day period (subject to change by decision of SBU Labs consensus). This genesis reward allocation is intended to enable its members to actively bring business to the DAO. Only SBU Labs members have the ability to claim tokens out of the reward pool. Once the initial BHNY is yielded, the continued reward for the SBU Labs will be dependent upon reactivation and funding through a formal proposal to the SBU DAO. There are eight available SBU Labs member tiers. > These Ethereum contract addresses provide full ethereum blockchain transparency to support the points discussed in the “SBU Labs” section of this document. Ethereum contract:: > > > SBU Labs Rewards: [0xfD698fe3bf310ebB32Db85a36E5746C061fB1c94](https://etherscan.io/address/0xfD698fe3bf310ebB32Db85a36E5746C061fB1c94) > > SBU Labs DAO: [0x545E145267DAd77cce0Fb100cCb7A245A964611D](https://etherscan.io/address/0x545E145267DAd77cce0Fb100cCb7A245A964611D) > > Worker BEE: [0xC82D84b493454b92FFc4744f4fec844cc1a092Ce](https://etherscan.io/address/0xC82D84b493454b92FFc4744f4fec844cc1a092Ce) > # Secondary Sales of BEES NFTs The SBU DAO will receive a 10% royalty on every secondary sale of a Social BEE NFT (not including secondary marketplace and the associated transfer gas fees). 90% of the royalty will be used to purchase BHNY tokens and send them to the burn address ([0x000000000000000000000000000000000000dEaD](https://etherscan.io/address/0x000000000000000000000000000000000000dEaD#tokentxns)). The remaining 10% of the royalties — will be sent in ETH to a multisig wallet — to empower the most economically distressed areas on earth by distributing smartphones to promote cryptocurrency education and adoption. # Secondary Sales Honeypots NFT The SBU DAO will receive a 10% royalty on every secondary sale of a Honeypot NFT (not including secondary marketplace and gas fees). - 90% of the royalty will be used to purchase BHNY tokens and send them to the burn address ([0x000000000000000000000000000000000000dEaD](https://etherscan.io/address/0x000000000000000000000000000000000000dEaD#tokentxns)). - The remaining 10% of the royalties — will be sent in ETH to a multisig wallet — to empower the most economically distressed areas on Earth by distributing smartphones to promote cryptocurrency education and adoption. # SBU Services Fees The SBU DAO Education and Community Management service fees will be set by the DAO. Services will be paid in BHNY tokens at a pre-set rate managed by a contract. This will ensure a predictable price for groups that want to leverage the potential of the SBU. Payment will be handled in an on-chain contract that will ensure transparent and up-to-date tracking of payment by participating groups. As BHNY is required to maintain the SBU Service, it will provide ongoing buy-pressure for the BHNY. Once sent to the services fee contract, that BHNY will be burned (sent to the burn address ([0x000000000000000000000000000000000000dEaD](https://etherscan.io/address/0x000000000000000000000000000000000000dEaD#tokentxns)), also reducing supply; benefiting everyone in the SBU ecosystem. # Summary The Social BEES University Decentralized Autonomous Organization is built around the ideology of maximizing the potential of Web3. This DAO is a social experiment; testing how people around the globe will utilize a trustless system to make a positive impact. The SBU DAO has embraced Web3 by: • Launching a token-holder governed DAO, SBU Labs, and NFT Auction. • Implementing thoughtful circular tokenomics into the ecosystem. • Leveraging the value-add of DeFi, including liquidity pools and token utility. • Enabling sound, transparent governance via on-chain DAO voting and proposals. • Promoting sound fiscal governance with a Treasury governed by the SBU NFT holders and BHNY token holders. SBU provides these premium services to empower Web 3 projects to become world changers. Together we have the potential to change the world. BEE-HAW 🤠 🤠

BEES BUZZING

Less than 5% of DAO's around the World are full on chain!!! Meaning EVERY BEE has access, governance, transparency, trustworthy, and empower every token owner to have a voice and participate!!! Governance = the power to propose and the power to vote! And everything will be right there on the blockchain! The project will be owned by the Bee holders, every Bee is part of the SBU DAO, how freaking exciting! All those dreams, ideas, and innovations are about to come to life through the power of proposal!! What DAO would function without a token ?

#BUZZ2U rocket Bees are a group that has been together for 2 years, we have created our own Dex, Liquidity pools, with multiple partner tokens, and have mastered the DeFi space. Our primary focus is to educate, empower, and onboard the masses. We have over 600 hours of Education on YouTube (BeesSocialTV), along with a nightly zoom call that has been ongoing for over 2 years to educate and move as a powerful force. Next week we have a Full On Chain DAO dropping, less than 5% of DAOs are Full On Chain, meaning EVERYTHING is public and recorded on the blockchain. Our secondary sales are used to purchase cell phones which are distributed to economically distressed areas to onboard the masses, as they are taught to mine crypto from their phones. So what does a Bee do for you? It grants you access to this group along with empowering you with a voice and a vote! We are a group like no other (reason of the supply shock, under 100 Bees available), rumor of a massive token drop coming as well :shhh:, feel free to ask more questions and also check the community updates channel as there is a calendar of weekly Twitter spaces and YouTube shows where you can really dig in.... We love DYOR people! It shows us they value their investments!