Honey Price | Utility & Value Explained HONEY

Charts

Honey Total Supply

48,023,471

Honey Total Supply

Honey Rewards Earned

3,200,000

Honey Rewards Earned

Honey Rewards Distributed

3,147,335

Honey Rewards Distributed

Honey Total Supply

Honey Peg 30d

Honey Rewards Earned & Paid

The Representation VCM captures value through its reliability as a stablecoin, fully collateralized by high-quality stablecoins like USDC and BYUSD, ensuring dependable redemption at a 1:1 ratio (minus fees) and providing a hedge against market volatility. This stability enhances HONEY’s utility in the Berachain ecosystem, enabling use cases such as payments, liquidity provision in DeFi with reduced impermanent loss, and a predictable medium of exchange (if a marketplace were present), all of which reinforce its intrinsic value derived from the Representation Origin of Value.