Introduction
ApiologyDAO (apDAO) is a decentralized autonomous organization incubated by The Honey Jar (THJ) to serve as a pivotal force within the Berachain ecosystem. Drawing inspiration from apiology - the scientific study of honeybees - apDAO mirrors the collaborative and industrious nature of a beehive, strategically directing investments and resources across Berachain's application layer to foster deep protocol integrations and liquidity.
Core Function
At its core, apDAO operates as a venture studio and community aggregator, aiming to:
- Invest in Emerging Protocols: By providing financial backing and resources, apDAO supports the development and growth of nascent projects within the Berachain ecosystem.
- Enhance Liquidity: Through strategic partnerships and investments, apDAO works to ensure ample liquidity across various platforms, facilitating seamless transactions and interactions.
- Promote Ecosystem Synergy: Like bees pollinating flowers, apDAO endeavors to create mutually beneficial relationships among protocols, enhancing the overall health and vibrancy of the ecosystem.
Membership and Structure
Membership in apDAO is designed to encourage active participation and long-term commitment:
- Joining apDAO: Prospective members are required to collect seven distinct THJ NFTs - one from each of the following collections:
- Governance Structure: The DAO is structured with three types of members:
Key Components
- Honeycomb NFTs: Serving as the foundational asset, Honeycomb NFTs enable DAO membership, collection of perks and rewards, and "Supercharged" benefits when deployed in partner protocols.
- Auction House: A modified version of the Nouns DAO auction system, the Auction House facilitates automated NFT auctions with dynamic pricing tied to treasury backing. It supports both newly minted and existing NFTs through a queue system, ensuring fair and transparent distribution.
Member Benefits
Membership in apDAO offers a range of exclusive financial and community advantages:
- Revenue Sharing: Members share in revenues earned by DAO treasuries and receive additional rewards from supercharged Honeycomb deposits.
- Early Access Opportunities: Members can bootstrap liquidity in emerging Berachain protocols, access early-stage investment opportunities, and leverage the DAO treasury for enhanced protocol exposure.
- Governance Rights: Members participate in apDAO governance decisions, vote on key protocol initiatives, and shape the future of both apDAO and the Berachain ecosystem.
- Enhanced Honeycomb Benefits: Members access premium rewards through Supercharged Honeycomb, benefiting from being part of the largest collective Honeycomb holder.
Partnerships and Collaborations
apDAO actively seeks partnerships to strengthen the Berachain ecosystem:
- Key Protocols & Partners: By collaborating with various protocols, apDAO enhances liquidity, fosters innovation, and creates synergistic relationships that benefit all parties involved.
- Why Work with apDAO?: Partnering with apDAO provides projects with access to a dedicated community, financial resources, and strategic guidance, facilitating growth and success within the Berachain ecosystem.
Governance and Financials
- Governance Proposals: Members can submit and vote on proposals related to investments, partnerships, and protocol changes, ensuring a democratic and transparent decision-making process.
- Revenues and Payments: The DAO distinguishes between salaries allocated to Beekeepers and core contributors, and grants for specific projects. All payments are subject to a proposal process and are maintained with full transparency.
