HunnyJar (Foundation)
With all the HUNNY earned, HunnyJar will find ways to give back to the community!
Whenever there are earnings from HunnyLottery, HunnyPlay, HunnyPoker and the HunnyMarketplace, a portion of it will go to the HunnyJar. The main purpose of creating this foundation pool is to further reward and give back to the community.
For HunnyLottery:
10% of the lottery pot will be taken and split into 3 portions, 5% to burn, 3% for development, and 2% to HunnyJar.
For HunnyPlay:
The earning received from HunnyPlay is divided into 3 portions, 40% to HunnyJar, 40% to cover the cost/expenses, and 20% to burn.
HunnyBees and BumbleBees are ambassadors of HunnyFinance. The condition for achieving the HunnyBee and BumbleBee status are listed below.
To be promoted to be HunnyBee, users will need to achieve all of the following conditions:
- A total monthly wager of more than $250,000 in HunnyPlay.
- Have at least a minimum of 20 referrals.
AND
- At least 50% of active referral players have a wager of more than $1,000.
60% of the HunnyJar pool will be distributed amongst HunnyBees, linearly vested over 3 months.
Example: In September, the total pot of HunnyJar collected from Hunnylottery and HunnyPlay are 100,000 HUNNY.
If there are a total of 10 users achieving the HunnyBee status; each HunnyBee will earn (100,000 * 0.6 / 10) = 6,000 HUNNY.
Each month, each HunnyBee will receive 6,000 / 3 months = 2,000 HUNNY.
To be promoted to be BumbleBee, users will need to achieve all of the following conditions:
- A total monthly wager of more than $2,500,000 in HunnyPlay.
- Have at least a minimum of 200 referrals.
OR
- At least 50% of active referral players have a wager of more than $1,000.
40% of the HunnyJar earned will be distributed amongst BumbleBees, linearly vested over 3 months.
Example: In September, the total pot of HunnyJar collected from Hunnylottery and HunnyPlay are 100,000 HUNNY.
If there are a total of 3 users achieving the BumbleBee status; each BumbleBee will earn (100,000 * 0.4 / 3) = 13,333 HUNNY.
Each month, each BumbleBee will receive 13,333 / 3 months = 4,444.33 HUNNY.
- 1.The condition of attaining the HunnyBee and BumbleBee status will be reset on the 1st of every month at 00:00 UTC. To maintain the current status, user will need to continue to fulfil the condition as stated above. Otherwise, they may lose their current status.
- 2.Rewards from HunnyJar will be linearly vested for 3 months and distributed monthly.
- 3.To prevent cheating, Team Hunny will have the right to verify the eligibility of our ambassador. If foul-play is detected, Team Hunny reserves the right to remove their ambassador status and be banned from further participation in the program.
- 4.The HunnyJar program and the terms and conditions are at the sole discretion of Team Hunny.
- 5.The terms and conditions of the HunnyJar program may change over time.
- 6.The decision by Team Hunny shall be final.
Last modified 1yr ago