# HONEY Token

![HONEY Token](https://2112529785-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MepR4dxJiHlbX7uXuiB%2F-Mf1ecyIJASOcQJeOIO7%2F-Mf1fTSyo86_xDqOL6R_%2F01_ticker.png?alt=media\&token=20f53f8e-cbbb-48b5-8c07-b3fe168eefa5)

## Token Info

* Name: HoneyFarm Token **🍯**
* Symbol: HONEY
* Contract Address: [0xFa363022816aBf82f18a9C2809dCd2BB393F6AC5](https://bscscan.com/token/0xFa363022816aBf82f18a9C2809dCd2BB393F6AC5)
* Chain: Binance Smart Chain(BEP-20)
* Total Supply: Limited to 24,650 HONEY

{% hint style="warning" %}
HONEY token emission will be finished at block [10033450](https://bscscan.com/block/countdown/10033450)\
Be aware that there will be no reward for deposit after that.
{% endhint %}

## Transfer Tax

{% hint style="success" %}
Transfer Tax has been deleted! Now you can transfer HONEY with NO COST
{% endhint %}

Allocated transfer tax will be all burnt! Isn't that SWEET? Check details [*here*](https://honeyfarm.gitbook.io/honeyfarm/tokenomics/automatic-burning)

* Burn Rate: ~~**3%**~~ 0% of transfer tax will be burned immediately
* Total Transfer Tax Rate: ~~**3%**~~** 0%**

\**Transfer tax applies to every activity that involves transferring a token from one address to another*

## Emission rate

* 0.05 HONEY / block
* 9.09% dev fee for project growth and cooperations

{% hint style="info" %}
9.09% HONEY commission from emission will be used exclusively for marketing and future partnerships with other farms and vaults, which would positively affect the price of the HONEY token.
{% endhint %}

**\*Minimum 3% slippage is required to trade the token on Pancakeswap due to the transfer tax**

## **Deposit Fee**

When users deposit on HoneyFarm, ~~4%~~ 1% deposit fee will be charged. \
Remember! $HONEY-related farms and pool do not charge deposit fee!

* ALL Deposit Fee will be used for buyback/burn and [HKP](https://honeyfarm.gitbook.io/honeyfarm/products/honey-keeper-protocol)
* 100% of deposit fee will be used for buybacks on new pools