Welcome to MijaniDao, the black hole of The Honey Jar where smart bera investors and Jani alts come together to make the most of this exciting opportunity. MijaniDao is a community that is fully dedicated to The Honey Jar project and aims to become the Convex layer of this project. By maxbidding each Honey Jar generation, MijaniDao members will be able to earn rewards and gain significant power in The Honey Jar DAO, all while sharing the benefits with the rest of the community.

If you have read the articles from THJ, you should already know that THJ is the heart of the Berachain ecosystem, and MijaniDao has control over it. Winston and Subli decided to present you with the story of MijaniDao, Berachain, and The Honey Jar. With simplicity being the path to sovereignty, we invite you to join us, build with us, and have fun.

Story & Culture

In the vibrant world of the Bong Bears and the Berachain ecosystem, a new DAO emerged with a singular objective - to win the grand prize of each generation of The Honey Jar project. This was MijaniDao, a community-driven project with a passion for teamwork and a relentless pursuit of success.

The idea for MijaniDao was born from the visionary mind of Bera Pope, who saw an opportunity to create a DAO that could effectively maxbid Honey Jars. With the establishment of the MijaniDao Discord, the community began to take shape, attracting a diverse group of bera investors from all walks of life.

In no time, MijaniDao became a hub for bera alts, degens, and highly talented beras who shared a common goal - to bet big on projects and people they truly believed in. Together, they worked tirelessly to maximize rewards and propel the project to new heights.

Join MijaniDao today and be a part of a thriving community that is committed to making a positive impact within the Berachain ecosystem. Together, we can achieve greatness.

Berachain

With new bears being born and new projects emerging. The Bong Bears were just the beginning - the first collection of rebasing NFTs that reward holders with more NFTs over time. And with the creation of a whole new L1 blockchain, Berachain was poised to make a major impact in the world of cryptocurrency.

Then more beras came to life. Bong Bear holders were airdropped a Bond Bear. Then the next rebase arrived, The Boo Bears. It was around this time when the Bera community engagement reached a different level. Someone started sweeping floors. His name is Janitooor. “He who controls the floor, controls the beraverse.” Jani has a lot of bear jpegs and is also a seed investor in Berachain.

And as the rebases continued to drop - from The Bond Bears to The Baby Bears, The Band Bears, and The Bit Bears - the beras remained steadfast in their commitment to the Berachain vision. They were degens, yes, but they were also a tight-knit community, bound together by a shared passion for innovation and collaboration. They were a cult.

“Berachain is a developing EVM-compatible blockchain leveraging its unique “Proof-of-Liquidity” consensus to allow users to stake layer 1, bluechip DeFi, and stablecoin assets with Berachain validators. It sprouted as an idea from the Bong Bears NFT community, and it is built with the Cosmos-SDK. The chain operates around a tri-token structure consisting of $BERA, $BGT, and $HONEY.” Intro from Wait, It’s Real? What is Berachain?

The Honey Jar

The Honey Jar project emerged as an unofficial community NFT project, inspired by the lore of The Bong Bears and the Berachain cult. It is built by the beras 4 the beras.

The Honey Jar offers perks to both NFT holders and projects building on Berachain, even Berachain itself. Honeycomb NFT holders gain exposure to a range of projects within the Berachain ecosystem, while projects receive access to a large and engaged audience for potential whitelists, airdrops, early access and more. Berachain also benefits from the Honey Jar's ability to bring in new entrants with the power of "Cult as a Service" to do the marketing. Why spend $ on marketing when thousands of people are ready to do it for you?

The Honey Jar has 7 games and will run them in seasons. The process of creating a special Fermented NFT is a significant event in the Honey Jar project. Once all NFTs from the current generation have been minted, a single NFT will be randomly selected for magic fermentation. The lucky holder of the fermented NFT will have the opportunity to claim the OG Bong Bear and any additional prizes. The process happens each season (gen).

Tech & Plans

Introduction

The Honey Jar project is currently positioned to be the center piece between the whole Berachain ecosystem and Berausers. THJ project has planned to release 7 different NFT collections:

• HoneyComb Gen 1 (Sold out): will provide Berachain ecosystem project benefits such as airdrops, private access, discounts, boosted yield, etc… Read this THJ article for more info.

• Honey Jar Gen 2 to 7 together with HC Gen 1 will grant access to THJ DAO

As hinted by Janitooor, the different mints are tentatively scheduled as follows. Mind that date can be changed. If you doubt that each gen will be fully minted, then you should not even go further down in this article.

Coming back to our subject. If you want to be part of the THJ DAO you need to hold the 7 NFT gens, meaning THJ DAO can be controlled by a maximum of 7,397 wallets. So, Beras, do you see the whole picture here? I know, you can’t read, you can’t count, so let me gib you a TLDR: The more THJ NFTs you own, the greater your chance to earn big!

How to balance chance & rewards:

• Option 1: Hold THJ NFT and get a little chance to earn the full prize and get a small seat at THJ DAO

• Option 2: Join forces, like the little ewoks do, to increase chance of winning a share of the prize and be part of a community holding a large seat at THJ DAO

  For option 1 selectooors, this document ends here.

  For option 2 selectooors, welcome to MijaniDao, the blackhole of The Honey Jar.

Vision & Flywheel

To understand MijaniDao flywheel & vision, we ask any Mijani to count up to 6:

1. Grow Honey Jar treasury

2. Earn fermented HJ Airdrop with Bera JPEGs

3. Earn HJ Future Gen airdrop

4. Sell any other rewards in $ETH

5. Repeat from 1

6. Earn Berachain Airdrop with Bear JPEGs

Do you know that Convex holds >50% of Curve DAO? What if MijaniDao holds >50% of THJ Governance?

How to interact with MijaniDao?

First of all, MijaniDao will be accessible on the Ethereum Mainnet before any deployment to a fake chain. The below tends to provide an overall view of MijaniDao process only for Gen 2 from THJ collection until it mints out. Thanks to jnova, a non-bera reader but berawriter, for putting his brain on the table that was deeply cut into pieces to create the remaining part of this document.

More updates will come for next generation NFTs.

1. Deposit

   Users will be able to either deposit ETH or HJs. In case of ETH deposit, the DAO will sweep HJ floor or mint on The Honey Jar website, using the cheapest solution ‘cause the DAO is poor, in order to increase HJ bags and the chance to get hold of the Fermented HJ.

   Your share of the DAO is calculated in HJ units. Let me gib you examples as you know how to count but not read:

   1. Berauser deposits 10 HJs, DAO holds then a total of 1000 HJ. Your share is 1%

   2. Berauser deposits 1 ETH, DAO buys 10 HJs at 0.1 ETH each, and holds a total of 1000 HJs. Your share is 1%

   Initial deposit will be locked until withdrawal is authorized.

2. Withdraw

   As the main vision of MijaniDao is to accumulate the largest bag of Honey Jars, Mijanies will get rewarded for their dedication to the project. The more MijaniDao accumulates, the more rewards the DAO will earn, the more power the DAO will get.

   MijaniDao has been built based on the Game Theory initiated by Olympus DAO. Game Theory, also now called (3, 3) has been widely used by Solidly and its forks to align long term holders with protocol growth. You should understand that Mijanies win if MijaniDao wins. But MijaniDao wins only if Mijanies commit to MijaniDao. You can read the Olympus Article for more information.

   There is a berabalance to find in between allowing withdrawal straight from the start, and getting locked during 4 years like $CRV lockers. Should the withdrawal be activated after each HJ Gen fermented reveal or only after the Gen 7 reveal, the MijaniDao will have to discuss and choose the right equilibrium that will attract most of the HJ holders while avoiding people to benefit from the system and dump on depositors.

   When withdrawal is activated, users can withdraw paying a Rage Quit fee (% to be defined by MijaniDao). After a withdrawal, the user will receive their share of the treasury in Honey Jar (base deposit) plus potential rewards if the DAO holds the Fermented HJ. Rewards units will be at discretion of the DAO.

Treasury Objectives

The MijaniDao treasury will be managed by the DAO, operated by well known non-fake berabrains through Multi-Sig wallet.

MijaniDao members will benefit from treasury growth. As such, MijaniDao won’t be lazy at:

1. Maxbidding HJs

2. Observing, participating, and creating other yield-generating opportunities in the Berachain ecosystem

3. Creating our own ecosystem and yield opportunities (ever heard about Aladdin Dao or Frax built on top of Convex?)

The war between Bera and Apes has already started. How come a Cult, a ponzi, a scam can grab NFT market share lead by Apes? Simple!

All non-bera JPEGs will be sold, and the ETH will be used to sweep the Honey Jar floor to accumulate more free mints for the next Gen mints. All bera JPEGs and underlying HCs or HJs won by the DAO, will be kept preciously in the treasury until the fake chain becomes real and real yield starts accruing and distributing to the Mijanies.

Governance

MijaniDao will be made up by Mijanies (= all depositors), with voting power equal to user deposit share. The DAO will decide about treasury management, revenue sharing, compensation, through a governance vote made on Snapshot. The MijaniDao has been built in less than a week, with involvement of few berabrains, lead by a Bera Pope and Jani alt #69.