HoneyMoon
  • 🍯HoneyFarm Layer 3 - HoneyMoon
  • Information
    • 🚀Launch
    • 🗺️Roadmap
    • 🌒Pre-IHO
  • TOKENOMICS
    • 🌝MOON Token
      • How To Buy MOON Token (Mobile)
      • How To Buy MOON Token (PC)
    • 🚜Delegated Farming
    • 🛂MoonPass
    • 🌚Eclipse
  • PRODUCTS
    • 🧑‍🌾Farms
    • 🎑Pools
    • 🌒Initial HoneyFarm Offering
    • 💰Royal Jelly
    • 🎨NFT Jelly
    • 👬Referral Program
  • Previous Layers
    • 🍯 Layer1 - HONEY
    • 🐻Layer2 - BEAR
  • SECURITY
    • Migrator Code Removed
    • Emergency Withdraw
    • Audit
  • OTHERS
    • HoneyMoon Images
    • Contracts
    • Social Networks
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  • Delegated Farming Burning Mechanism
  • Why delegated farming?

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  1. TOKENOMICS

Delegated Farming

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Last updated 3 years ago

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Delegated Farming Burning Mechanism

  • Earned yields from the delegated farming will be used for MOON buyback and burn

Why delegated farming?

As HoneyFarm is contributing to the liquidity pools of PancakeSwap, these tokens are more than just a way to farm MOON. We'd like to play the long HoneyFarm and make a benefit for users from these LP tokens in an optimal way.

When a wallet deposits an LP token into a farm, the HoneyFarm Smart Contract will then delegate these tokens to its farms on PCS. When the wallet withdraws the LP tokens out of the farm, the LP tokens will be withdrawn by the contract out of PCS as well. The wallet will still earn sweet MOON as a reward, but the contract will also earn yields from 3rd party pools. These harvested tokens will then be used to buy and burn MOON tokens to increase the value and stability of MOON.

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