Apiary Auction House

The Yield -> Receipt Token Factory

The Apiary Auction House is the part of the protocol where Apiary converts the yield accrued by our Hives into the selected Rewards Token.

The Auction house presents these assets together as individual lots, allowing beras to pick any combination of assets they're interested in. These auction lots will always include BERO, oBERO and HONEY tokens, but as Hives begin to diversify their strategies beras will start to see all sorts of other tokens appearing.

Beras can purchase these baskets of tokens, playing a part in the yield distribution flow of the Apiary in a more efficient fashion than the Apiary making multiple DEX transactions in the backend.