The Social Hive Club Gets A Major Revamp!

The New Social Hive staking comes with a huge reduction in the previous staking requirements.

We’re happy to inform you that the Polinate Social Hive has received considerable interest so far. Polinate has lined up some incredible changes that you may read about on our Roadmap. We are really excited about these forthcoming developments since they are all about ensuring that you receive exactly what you want from the Polinate platform. We value our community’s voice and opinion!

The Polinate Social Hive Club is getting an overhaul. The prior staking requirements have been drastically reduced with the New Social Hive staking. There is a whopping 10x reduction in the previous Staking requirements! Not just that, the Social Hive members will get voting rights in the upcoming Polinate DAO. Staking in the New Social Hive comes with a huge discount and a lot more. We are handing over control of the Polinate platform to the DAO member. To acclimate that, we are carrying out a few improvements in the staking requirements.

The New Social Hive comes with a huge reduction in the amount of staking that is needed, as well as a lot more:

• Bronze Bee: Members with 1,000 POLI staked. This tier will contain 750,000 users, each with one voting weightage. For fixed raises, this tier receives a 1.1 x multiplier of the maximum allocation per individual. In Dutch Auction, the Bronze Bee will receive a 1.00 per cent discount.
• Silver Bee: Members who have staked 2,500 POLI. This tier will include 300,000 users, each with a voting weightage of 2.5. For fixed raises, this tier gets a 1.25 x multiplier of the maximum allotment per person. In Dutch Auction, the Silver Bee will receive a 1.50 per cent discount.
• Gold Bee: Members with 5,000 POLI staked. This tier will have 150,000 users each having 5 voting weightage. For fixed raises, this tier receives a 1.5x multiplier of the maximum allocation per individual. In Dutch Auction, the Gold Bee will receive a 2.50 per cent discount.
• Platinum Bee: Members with 10,000 POLI staked. There will be 75,000 users in this tier, each with a vote weightage of 10. For fixed raises, this tier receives a 2x multiplier of the maximum allotment per member. In Dutch Auction, the Platinum Bee will receive a 5.00 per cent discount.
• Diamond Bee: Members with 25,000 POLI staked. This tier will have 30,000 users each having 25 voting weightage. For fixed raises, this tier receives a 2.5 x multiplier of the maximum allotment per individual. In Dutch Auction, the Diamond Bee will receive a 10% discount.

Stake for the New Social Hive Club: https://socialhive.polinate.io/

One of the noteworthy changes that are coming about is that, we will be moving the Social Hive Club to the Ethereum chain, exclusively. Users will be able to connect their Ethereum wallets to the platform. Existing members of the Social Hive Club will be required to re-stake their $POLI tokens. Re-staking is accomplished by un-staking from the previous Social Hive and staking for the new Social Hive. Find the links to re-stake at the bottom.

Polinate is bringing about modifications for good! The New Social Hive will be live from April 19th 2022. So keep an eye out for the great surprise coming your way. Prepare to stake and get the perks that come with it.

NOTE: Members who want to join the New Social Hive Club should un-stake from the previous Social Hive and stake in the New Social Hive.

Un-Stake from the previous Social Hive Club: https://old-socialhive.polinate.io/

Stake for the New Social Hive Club: https://socialhive.polinate.io/

NOTE: $POLI tokens must be staked for at least 14 days. If you withdraw your tokens from staking, you must stake them for 14 days again for receiving any rewards.

Ready- Steady- Stake!

About Polinate

Polinate is a next-generation crowdfunding platform designed to empower creatives, games and guilds. We provide creators, games and guilds with an opportunity to raise funds for their projects in a permissionless way. We serve as a bridge between the projects and the cryptocurrency community.

We are the backbone of the new play-to-earn gaming industry and the metaverse. It doesn’t matter where you are from, social status, banked or unbanked. If you add value, you benefit.

Come and join our Hive!

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