# hiveWATER Covenant The hiveWATER DAO is an investment club dedicated to supporting 1Hive and its governance token, Honey. The DAO has 3 mandates: 1. **The hiveWATER DAO will act in the best interest of 1Hive** 2. **Funding Proposals for hiveWATER will only be used to fund DAO-owned Liquidity Pools (LPs).** *The DAO may elect to add a fee to funding proposals - this fee will never exceed 1% of the funding proposal amount.* 3. **The DAO will not swap any of its hiveWATER or LP tokens.** *The DAO may elect to adjust its LP positions by removing hiveWATER from an LP and adding to another, and it may elect to swap the tokens it holds besides hiveWATER.* The goal of the hiveWATER DAO is to grow sustainable liquidity for the Honey token by accumulating liquidity with strategic pairs, funded by Honey from 1Hive and any other tokens the DAO earns for this pursuit. **Members of the hiveWATER community agree to the pledge originally created for the 1Hive DAO:** We as members, contributors, and leaders pledge to make participation in our community a harassment-free experience for everyone, regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, level of experience, education, socio-economic status, nationality, personal appearance, race, religion, or sexual identity and orientation. We pledge to act and interact in ways that contribute to an open, welcoming, diverse, inclusive, and healthy community. **Our Standards** Examples of behavior that contributes to a positive environment for our community include: - Demonstrating empathy and kindness toward other people - Being respectful of differing opinions, viewpoints, and experiences - Giving and gracefully accepting constructive feedback - Accepting responsibility and apologizing to those affected by our mistakes, and learning from the experience - Focusing on what is best not just for us as individuals, but for the overall community Examples of unacceptable behavior include: - The use of sexualized language or imagery, and sexual attention or advances of any kind - Trolling, insulting or derogatory comments, and personal or political attacks Public or private harassment - Publishing others’ private information, such as a physical or email address, without their explicit permission - Other conduct which could reasonably be considered inappropriate in a professional setting
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Things that are valuable

add your own... Laughing so hard you cry When you're driving and there's a red light ahead and it turns green right before you had to use the brakes Learning who and what we really are - through science, art, and experience Freedom from oppressive regimes and institutions When every single person you care about doesn't have to worry about where they'll get their next meal or place to sleep When you fall in love and suddenly a song you've heard 1,000 times makes way more sense Dank, dank memes A hot shower every single day Really good times with friends and family

10/26/2023
Public Marquee

Proof of Concept live on Honeyswap: https://app.honeyswap.org/#/swap

8/15/2023
Funding proposal: Honeyswap working group - deployment on zkSync Era mainnet, marketing and partnerships

Proposal Description: This proposal is requesting 800 HNY to fund the Honeyswap working group which was created with the goal of deploying Honeyswap on the zkSync Era mainnet. We're excited to announce that the deployment is near completion, and we are requesting funding to reimburse the work completed on testnet so far and to fund the remaining work required to launch on mainnet. Additionally, a portion of the funding will be allocated to marketing and partnerships to help grow liquidity and volume on the new network post-launch. Goals: Honeyswap deployed on the zkSync Era mainnet successfully - no rugs no bugs. Liquidity reaching $10 million by the end of 2023. Transaction volume reaching $10 million by the end of 2023. Positive user feedback and engagement on the platform.

5/8/2023
Untitled

hiveWATER - a new store of value for 1Hive Proposal Information This proposal is requesting 800 HNY (~$10,000) from the Common Pool, along with $8,000 xDAI from the Treasury Swarm Gnosis Safe to fund the creation of hiveWATER, a DAO whose purpose is to provide sustainable, scalable liquidity for the Honey token on Honeyswap by serving as a proxy for liquidity with strategic tokens such as xDAI, WETH, and/or WBTC. 100% of funding from this proposal will be used to create 2 liquidity pools (LPs) on Honeyswap: hiveWATER/HNY ($20,000 total liquidity) hiveWATER/xDAI ($16,000 total liquidity) An initial starting price of $0.01 will be set at launch for hiveWATER. This number is arbitrary since hiveWATER’s price after launch will be a function of its price correlation with HNY and xDAI and price slippage from individuals swapping for hiveWATER.

3/30/2023
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