💰Royal Jelly

Stake Comb for Sweet Royal Jelly

What is Royal Jelly?

Royal Jelly is to deposit HoneyComb's native token, COMB, to earn BUSD.

Deposit	Reward
COMB	BUSD

Lock up in Royal Jelly

COMB can be locked for certain duration for additional yield rewards.

• The lock duration can be from 0 to 30 days

• When a deposit is made, it can't be withdrawn before the end of the lock duration

• Once the lock duration has been completed, a user can either:

  • withdraw deposited COMB

  • re-lock his COMB for the duration of its choice

• Rewards can be harvested at any time

If you plan to deposit additional COMB in Royal Jelly, you should set the new lockup duration to at least same or more than the remaining lockup duration.

Example) If you set the lockup duration to 10 days and want to deposit more of your fund when 3 days of lock up period is remaining, you should set the new lockup period for more than 3 days. Withdraw time will be reset to the final lockup duration end time.

BUSD deposited as a reward in Royal Jelly will be paid out for 30 days from the date of deposit.

Lockup Deposit Q&A

Why should I lock my deposit? You are free to lock your deposits or not. By locking your deposits you will get additional bonus rewards according to the duration of the lock (between 0% and 100% depending on whether you lock for 0 or 30 days).

What is the best strategy? It’s up to you, we have provided lock up feature with special bonus that allow you to adopt several strategies.

If I have a locked deposit, are my rewards locked too? Your regular rewards and bonus rewards are not locked, you can harvest them whenever you want.

When will I be able to withdraw my deposit? If it's a regular deposit you can withdraw it whenever you want. If it's a locked deposit it will depend on how much time is left but it can't be more than 30 days. Can I renew my locked deposit whenever I want? Yes, the only constraint is that you must renew it for at least the remaining lock up duration.

Where do the bonus rewards of lock deposits come from ? The time locked LP deposit is simply treated as a larger deposit for calculating your fair share of the available rewards for that pool. For instance, if you deposit $1,000 into the pool during 30 days, your loyalty and commitment will be treated like a $2,000 deposit.