What Is eHive (EHIVE)?
The eHive protocol is a community inspired experiment in DeFi Crowdsourcing built on the Ethereum Network. In the coming months, ETH 2.0 will be launched and change the network from a Proof of Work (PoW) system to the new Proof of Stake (PoS) model. To enable this change in network operations the Ethereum Network is required to have validators nodes facilitate and verify the on-chain transactions. These validators will be generating ETH fees similar to previous Ethereum miners.
However, the baseline for creating a validator is currently set at a minimum of 32 ETH, which is well out of the range of the typical DeFi user. Since validators will be the backbone of the new Ethereum Network, and the development team believe that all users of cryptocurrencies should have the opportunity to participate in supporting the future of DeFi whether you have 0.01 ETH or 32 ETH. Through token and dashboard plans to make validators and their revenue available to all holders big and small.
| Coin Basic | Information |
|---|---|
| Coin Name | eHive |
| Short Name | EHIVE |
| Total Supply | 500,000,000,000 |
| Max Supply | 1,000,000,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Preparing Today, To Build Tomorrow
In the coming months, the Ethereum network will be going through their upgrade to ETH 2.0.
With this, Ethereum validators will be going live on the main net and generating ETH rewards for operators. eHive plans to open this opportunity up to the entire DeFi community through shared validators.
All ETH earned by the validator is distributed to eHive stakes.
As the eHive Coin validators will be created by the token tax, all ETH generated by the validator will be distributed to staked community members. This allows the community to crowdsource their validators and allow users of all levels to participate in the rewards.
Distribute your eHive tokens across multiple validators.
As the eHive community grows, so will our fleet of validators. As the community adds more validators to the staking pool, users can choose which validator they would like to support, earning a portion of the selected validator’s rewards. Whether you support all the validators with split stakes, or one with all of your tokens, it is up to you to decide your distributions.
Earn eHive tokens along with your ETH rewards.
Each eHive Coin stake will earn both ETH AND tokens at the same time. They will originally launch with 50% of the total supply minted, with the other 50% being minable by staked users over the coming years. Rewarding participants is what the community is here to do.
Tokenomics
The eHive token will have a tax rate of 6% on both the buys and sells of the token. As stated in our concept, 3% of this tax will be directly reserved to purchase validators on the launch of ETH 2.0. The other 3% will be divided into a sustainability tax of 1% that is directly injected into the ETH-EHIVE liquidity pool, and the remaining 2% will be utilized for marketing and developmental purposes.
The eHive token will launch with an initial supply of 500,000,000,000 (five-hundred billion) tokens. 350,000,000,000 (three-hundred and fifty billion) tokens will be deposited directly into the liquidity pool and the other 150,000,000,000 (one-hundred and fifty billion) tokens will be allocated to a presale raise to bootstrap the initial liquidity.
Over the coming 2-3 years, there will be another 500,000,000,000 (fivehundred billion) eHive tokens that will be able to be mined by the community through our validator dashboard. These tokens will be distributed at a set daily rate per token, and to each user based on their share of the rewards pool. Once the total supply of 1,000,000,000,000 (one trillion) is reached, there will be no more eHive tokens to be mined from the validator pool.
How To Buy
Download and Setup
Download and Setup MetaMask (Browser Extension Wallet) and make sure you are connected to the
Ethereum Network.
Buy & Send
Buy/Send ETH to your MetaMask through an exchange or other means. Then transfer the ETH to your
MetaMask wallet address.
Swap
There is a Swap directly on website which you can use to purchase $eHive tokens! Set your slippage
to ~6% and select the amount of ETH you would like to trade for $eHive. Press Swap.
View
View your $eHive in your MetaMask wallet or directly on the Dashboard. You will now be able to
stake your $eHive tokens when the validators go live!
Road Map
The current Roadmap for the eHive community encompasses the final two quarters of 2022. As many of the events below are dependent on the launch date of ETH 2.0, solid dates cannot be determined at this time, but are estimated to be launched in their respective quarters. Many of the operational contracts and programs are ready to be deployed and are just awaiting the main net migration.
Q3 2022
- eHive Coin Launch
- Contract Audits
- CMC/CG/etc. Listings
- Staking and Validator Dashboard
- On-Site Swap
- Website Charting
- Whitepaper V1.0
Q4 2022
- Validators Launch (Pending ETH 2.0)
- First ETH and eHive distributions
- Validator Status Updates (Real-Time)
- Community Validator Competitions
- The Custom Swap
- CEX Listing
- Validator/ETH 2.0 Manifesto
2023
- TBA
