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Blue Chips (2023)

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Why Join The SBU DAO | Defi NFT | BlueChip NFT
#sbuDAO #DeFiNFT # #BlueChipNFT

https://SocialBees.io

The Social Bees University (“SBU”) is a global group of brilliant misfits who believe that Web3 is how people will regain power for themselves and take power from controlling institutions.

Finally, after almost 3 years of intense development the Social Bees University Decentralized Autonomous Organization (“SBU DAO”) has activated the world’s first self-generating billion-dollar fund. With this sizable fund, these misfits will financially help Web3 visionaries who are aligned with the SBU mission.

The SBU is a collection of 13,838 unique, programmatically generated Non-Fungible Tokens (“NFTs”). The collection of SBU NFTs, which are referred to as the “Bees”, are deployed to the Ethereum Blockchain that governs the SBU DAO and the SBU DAO treasury. The Bees collection consists of 11,038 Worker Bees, 1920 Apex Bees, 660 Princess Queen Bees, and 220 Royal Queen Bees.

The SBU also has its own token called Bee Honey (“BHNY”) that is central to the inner workings of the SBU and SBU DAO.

Because of the structure of the SBU, the SBU DAO, the Bees NFTs, and the BHNY token, we believe that people all over the world will benefit from the SBU and will want to join us in our mission to change the world.

Here are some of the reasons that people would find it worthwhile to join the SBU:
1) The Social Bees are a fully on-chain DAO. This means that all governance is completely run via on-chain proposals and voting. Any person that holds a Bee NFT can vote and submit proposals to the SBU DAO.
2) The Bees NFTs are asset-backed which means that every single Bees NFT is embedded with BHNY tokens. 99.9% of the BHNY supply is embedded in the 13,838 Bees NFTs which means that every Bees NFT is embedded with approximately 275,000 BHNY tokens.
3) Claiming the value of the embedded BHNY will begin on May 13 2023.
4) As the value of the BHNY token rises, so do the values of the Bees NFTs.
5) Five additional Bees NFTs will be minted daily and sold through the SBU Auction. Each minted Bees NFT also includes an additional Bees NFT called an EmpowerMint Bee. The EmpowerMint Bees NFTs will be released when a specific ETH volume threshold is reached. What does this mean? It means that when a person bids and wins a Bees NFT through the auction, that person ends up with two Bees NFTs which are embedded with BHNY (as long as they still hold the minted NFT when the EmpowerMint Bee is released).
6) Every time BHNY is involved in a transaction, there is a 10% transactional tax and will be divided as follows:
A. 40% of the tokens will go to the SBU DAO Treasury.
B. 30% of the tokens will be sent to Honeypot storage, equally matched with wrapped PE (wPE), and then added to Honey pot liquidity. (If, at the time of the taxing, there is no wPE available in the Honey pot storage, the BHNY tokens will be sent to a burn address and destroyed.)
C. 20% of the tokens are rewarded to the Queens (1/2 of which will be split among the Princess Bees and ½ split among the Royal Queens).
D. 10% of the tokens will automatically be sent to the burn address.
7) The burning of the BHNY tokens reduces the supply and, therefore, should raise the value of the remaining BNHY tokens.
8) Honey pots are liquidity pool tokens (BHNY + wPE) and provide protection against the BHNY transactional tax already mentioned.

As you can see, the SBU is innovative, powerful, and poised to change the world for the benefit of the people.

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