🍯About HoneyPool

BeraChain savings protocol, run by Beras.

HoneyPool is a prize savings protocol, enabling you to win by saving.

1. Deposit USDC for a chance to win

2. Participate in daily prize draws

3. Withdraw your deposit any time - even if you don't win!

Every dollar you deposit gives you a chance to win prizes. The more you save, the higher your odds!

How does it work?

This is possible because prizes are made up of the interest that accrues on all deposited funds:

🏦 Users deposit into the network

📈 Yield accrues on all deposits

🏆 The yield is randomly awarded as prizes to the users.

HoneyPool is a Prize Linked Savings account powered by the blockchain. It's:

Provably fair

Prize draws at HoneyPool are transparent: anyone can confirm who won, when, and why.

Globally accessible

The protocol empowers everyone to save. It offers a level playing field where every user enjoys the same conditions.

Fully non-custodial

No one but you has access to your deposited funds. HoneyPool is non-custodial, meaning users can redeem their money from the pool at any time.

Open-source & secure

The protocol is made up of computer software: smart contracts living on the blockchain. The code is open-source (INSERT GITHUB LINK HERE) for everyone to verify and validate. On top of that HoneyPool will undergo regular audits.

Decentralized

HoneyPool is user-owned and user-driven. Control over the protocol rests in the hands of the community holding the HNYP token. Find out more about governance.