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The Fifth Trial: Based Value Growth

THJGV#7

Luca Beracioli

Luca Beracioli

In Base's realm, where giants bend their knee to community power, the fifth trial manifests through multiplication. Elemental Janis emerge from mad honey's chaos, revealing a based take which resonates with the entire crypto space. A Truth spoken for decades, centuries, millenia, and programmatically digitised into the future of finance:

True power comes not from monolithic control, but from chaotic but harmonious decentralization.

(But how does chaos become coordination?)

Consider Base chain itself, where even Coinbase (Not Your Keys, Not Your Coins), recognized that true power and innovation flows through the community. From this wisdom emerged the 6th largest chain by TVL, the 3rd most active by users (rookie numbers compared to the fake chain with a bear on it). This is no accident, it's proof that when control disperses, value concentrates.

ApiologyDAO embodies this same wisdom through its carefully orchestrated structure. 

The Hive's power flows through three distinct chambers, each vital to the whole:

Beekeepers:
At the heart stands The Honey Jar, maintaining contracts, administering governance, and forging new partnerships. Yet even this power bows to the collective - for the DAO may vote at any time to appoint new Beekeepers.

Core Contributors:
Selected by community vote, these elite members sign the multisignature that guards our treasuries. Through their service, they may rise to join the Beekeepers - power earned, never bought.

General Members:
All seat holders participate in this foundational layer, where contribution earns recognition and recognition opens paths to higher service.

(Ok, but what about the revenue honey flow?)

Like the elemental Janis, each small but significant, ApiologyDAO's revenue streams flow from many sources:

  • Partner integrations

  • Protocol revenue sharing

  • Berachain operations

Initial Direct Protocol Revenues:

  • 5% of all Beraborrow platform fees

  • 20% of Ramen's launchpad revenues

  • 10% of Goldilend's interest generation

  • THJ as well as ApDAO<>Beradrome validator operation rewards

Strategic Value Capture:

  • BGT emissions direction.

  • Diamond Paw governance accumulation.

  • Protocol treasury investments.

  • Partnership revenue sharing.

(But how is this power directed within the hive?)

The Elemental Jani analogy also works here! They each have their own power, yet part are a greater whole - ApDAO's governance works through distinct but interconnected tracks:

  • Corporate Changes: Foundation-level decisions that shape our very essence.

  • DAO Changes: The day-to-day rhythm of our operations, from auctions to loans.

  • Treasury Movements: Strategic deployment of our collective power.

Each proposal type requires its own threshold, unique consideration and the hiveโ€™s collective wisdom. Decentralised bees buzzing at the heart of Berachain, directing the flow of governance and honey.

To run sustainably, ApDAO distributes its gathered honey methodically:

Salaries & Compensation:

  • Beekeeper operational rewards.

  • Core Contributor incentives.

  • Performance-based growth opportunities.

Strategic Deployment:

  • Ecosystem integration grants.

  • Partnership development funds.

  • Protocol liquidity provision.

Operational Sustainability:

  • Technical infrastructure.

  • Community development.

  • Future expansion reserves.

(The elements align...)

Just as the on-chain economy brought power back to the people, ApiologyDAO distributes influence through:

  • Salaries for Beekeepers and Core Contributors

  • Grants for ecosystem growth

  • Operational expenses for sustainable development

Each mini-Jani, each community member, each resource allocation - all part of a greater whole. This is the wisdom of the fifth trial: true power comes not from concentration, but from conscious distribution.

One trial remains.

The elements converge.

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Bonzinomics; The seats are so full that this might actually be financially responsible

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The Fifth Trial: Based Value Growth