Hive Reward Mechanism

70/30 Rule

• You can withdraw 70% of your Honey Rewards and exchange them for Ethereum, depending on your preference.

• The remaining 30% of Honey is locked and can only be used to purchase Bythen assets (future avatar collection) and services (AI inference costs).

Reward Validity Period

• Honey (70% of total reward received) that can be withdrawn at any time has a 3 months validity period counting from the day you received them. After this period, expired Honey will no longer be accessible for claims.

• Locked Honey (30% of total reward received) has unlimited validity and will never expire.

Daily Constant Index (Coefficient of Constant = k)

bythen has allocated up to 60% of its total daily revenue from the sale of Bythen NFT assets to be distributed back to the community.

To ensure the sustainability of the project, in the scenario that the total reward payouts to Hive members (from Direct, Pass-Up, and Pairing rewards) exceed 60% of daily revenue, the Pairing reward amounts will be adjusted using the coefficient k to ensure the total payout remains within 50% of Bythen’s daily product sales revenue.

Example:

• If the total reward payout on a given day is 59% of daily sales, then k = 1.

• If the total reward payout on a given day is 90% of daily sales, then k = 60/90.