Scout Bees Referral Program (1st Phase)
Karl von Frisch, a professor who was one of the first to translate the meaning of the scout bees’ dance, marked three movement types: round dance, sickle dance, and the waggle dance.
In the same manner as scouting bee dances, the referral program has three periods (seasons) where each has a goal to achieve a concrete AUM.
Round Dance Season: Scout bees perform this dance when a food source is located very close to the hive. This season has a goal to achieve $100’000 of AUM in Emergence BTC strategy. https://dune.com/embeds/1138452/2019359/4aec50af-886b-452e-9998-043894a62006
Sickle Dance Season: This dance describes food sources at intermediate distances, between 50 and 150 meters from the hive. This season’s goal is $500’000 of AUM. https://dune.com/embeds/1138452/2019777/7c24139d-0b27-42a2-ba6e-ef154c22b30f
Waggle Dance Season: The waggle dance is performed by bees foraging at food sources more than 150 meters from the hive. This dance, unlike the round dance, communicates both distance and direction. This season’s goal is $1’000’000 of AUM. https://dune.com/embeds/1138452/2019811/2ff584b0-8ac8-4a2f-abbc-9f57dfe0538f
Round Dance Season is active right now and ends when Emergence BTC strategy hits the mark of $100k in AUM, causing the next season to start immediately.
After the end of each season, referrals (scout bees) and referees (beekeepers) will receive special rewards depending on their contribution (amount of beekeepers that were invited, the sum of AUM that was attracted).
Special rewards give Scout bees voting power to manage the DAO Treasury funds and participate in DAO governance. All valuable participants of the 1st Phase may be rewarded by tokens that will power the 2nd Phase of Emergence DAO (this is the future decision of the DAO).
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