Berachain's block rewards are now truly working for you, driving the development of ecological applications and incentivizing on-chain economic activities. The era of enhanced yields begins today!
37 brand new Reward Vaults are now online. $BGT incentives are officially distributed to every corner of the ecosystem.
Reward Vaults are whitelisted smart contracts that can receive released $BGT and allow applications to distribute rewards to users. As PoL (Proof of Liquidity) expands, any stakable asset, whether from trading, staking, providing liquidity, gaming, etc., has the potential to unlock the yield of Berachain's native incentives.
Check the governance forum: https://hub.forum.berachain.com
BeraHub is now tracking the $BGT release data of all Reward Vaults, here are a few key points to pay attention to:
🐻 $BGT release (and incentive distribution) may be adjusted every 5 hours, determined by the validating nodes' allocation ratio.
🐻🐻 Shortened reward distribution period: Rewards will be distributed within 3 days, so the yields of the new Reward Vaults will reach the highest APY within 3 days (previously required 7 days), which means that during this period, APY may be temporarily overestimated.
🐻🐻🐻 New vaults will receive $BGT incentives by EoD (end of the day) today, and users can start claiming rewards tomorrow.
🐻🐻🐻🐻 Vault metadata (token logo, pool name, etc.) is being integrated and updated by the dApp team.
Track $BGT distribution, validating node Boost, and more data: https://hub.berachain.com
Proof of Liquidity redefines the incentive mechanism of blockchain.
Learn how PoL works, how to optimize yields, and how applications can leverage PoL to drive growth: https://docs.berachain.com/learn/pol/
For applications looking to understand incentive mechanisms: https://docs.berachain.com/learn/pol/incentives
At Berachain, the blockchain truly works for you. Check out the best Reward Vaults now and unlock PoL-powered yield growth!
Berachain Weekly Dynamic Review | March 17 - March 23
1⃣ March 17: @henlo launched the second phase airdrop, all $HENLO not claimed in the first phase airdrop were redistributed to the second phase.
2⃣ March 17: Berachain ecosystem is rapidly growing, with multiple important DeFi protocols' TVL ranking in the top 10 across all chains!
3⃣ March 17: Dolomite_io launched the XP program.
4⃣ March 18: Lending Super App eulerfinance went live on Berachain. Offering $150,000 in rewards through three markets.
5⃣ March 18: 0xoogabooga Swap trading volume reached $750M.
6⃣ March 18: beraborrow announced $POLLEN TGE
7⃣ March 19: Berachain Chinese community Space preview | The secret economy of Berachain - @deek_network on how to redefine the value exchange of SecretFi.
8⃣ March 19: puffpaw_xyz announced that the Genesis Puff Pass airdrop will arrive next week.
9⃣ March 19: origami_fi launched $oriBGT! $oriBGT is a liquidity auto-compounding token of $iBGT, with full liquidity and composability, allowing holders to earn more in the bera eco while still benefiting from automatic compounding!
🔟 March 20: HENLOCKED launched, with 5 Vaults of different market values available.
1⃣1⃣ March 20: ivx_fi announced a Pre-Vol deposit plan for IVLP launching next week.
https://x.com/ivx_fi/status/1902751819052331192
1⃣2⃣ March 20: BitgetWallet collaborates with Berachain ecosystem projects to offer rewards of up to $80,000!
1⃣3⃣ March 21: Berachain Foundation announced that Proof of Liquidity (PoL) will officially launch on Monday, March 24, with governance entering the first phase.
1⃣4⃣ March 21: Funds exceeding $3,000,000,000 entered Berachain through the @StargateFinance cross-chain bridge.
1⃣5⃣ March 22: Berachain announced the complete list of the first batch of approved whitelist reward pools and future plans.
The Berachain Proof of Liquidity (PoL) is officially launching, and governance is entering its first phase.
Incentives will start flowing, and new Vaults will receive emissions.
Here are the changes and future outlook.
🐻 Phase 0 → Phase 1
PoL is initially launched only in the BEX pool, aimed at fully decentralizing the $BGT supply and laying the foundation for on-chain governance.
In preparation for Monday, the contract has been upgraded to support the distribution of incentives among users, applications, and validators.
🐻🐻 Whitelist for Vaults outside of BEX
The first batch of reward Vaults applications (RFRV) from applications has been evaluated and approved, and a complete list of the newly whitelisted reward Vaults along with their underlying protocols will be published tomorrow.
The first batch is limited to DEX pools, and starting next week, more new Vaults and use cases (beyond DEX pools) will be approved.
🐻🐻🐻 What does this mean for $BGT holders?
More control: $BGT holders will ultimately decide where the emissions flow.
More ways to earn: Earn protocol incentives by boosting validators.
Increased transparency: Soon, you will be able to view each validator's reward Vault allocations and incentive earnings at https://hub.berachain.com, and adjust your $BGT Boost strategy.
HENLOCKED has been open for 13 hours, with 4.654% of the total amount of $HENLO locked. The highest amount is locked in the Vaults with a market cap of 100M and 1B.
The locking is divided into five Vaults, each with a maximum of 3B, corresponding to five different market caps:
• $100m • $330m • $420m • $690m • $1b
Only when $HENLO reaches the corresponding market cap will it be unlocked!
Locking $HENLO can earn corresponding Henlocked tokens, and staking these tokens can earn @beradrome $oBERO and @berachain $BGT rewards (pending approval).
Each Henlocked farm will receive the same rewards, so farms with smaller deposits will have higher returns.
The Henlo Foundation has locked 200 million $HENLO in each of the 5 Vaults, totaling 1 billion $HENLO, and the current total locked is 4.6 billion. If all five Vaults are filled, there will be 15 billion, with 15% of the total amount of $HENLO locked.
$oriBGT is a liquidity auto-compounding token of $iBGT, with complete liquidity and composability. Holders can earn more rewards in the bera eco while still benefiting from automatic compounding!
Every 10 minutes, $oriBGT will convert earnings ($HONEY $wBERA and bribe rewards, etc.) through @0xoogabooga into $iBGT and compound stake.
No deposit fee & no withdrawal fee, OrigamiDAO retains only 1% of the $iBGT rewards, with the remaining 99% auto-compounding.
Berachain Ecosystem CDP Protocol Beraborrow Official Announcement of Upcoming TGE!
According to DeFillama's data, Beraborrow currently has a TVL of 374.48m, ranking fifth among native DeFi projects on Berachain, and surpassing $USDD to rank fourth among all-chain CDP protocols.
The over-collateralized stablecoin $NECT has minted over 100 million, and $NECT can be used in multiple DeFi protocols on Berachain, releasing more opportunities while maintaining exposure to the original assets.
Beraborrow also offers an Infrared-based automatic compounding Vault, where simply depositing LP tokens into the Vault allows for automatic receipt of $iBGT rewards and staking; simultaneously, it automatically collects $HONEY rewards obtained from staking $iBGT and compounds them back into LP, creating an effect of automatic compound interest.
This feature charges a 0.1% withdrawal fee, making it suitable for long-term staking users, as short-term effects are limited and may incur some fees.
The governance token of Beraborrow is $POLLEN, designed to support the stability and growth of the Beraborrow protocol by coordinating $NECT adoption and liquidity incentives.
Since Beraborrow has no lenders, all interest income from the protocol is allocated to governance-driven initiatives that support the sustainability of the ecosystem.
By staking $POLLEN, users can mint sPOLLEN and participate in Beraborrow's governance, receiving participation rewards linked to governance activities.
Speaking of which, I grabbed an NFT at the beginning of the year and sold it for 10E. Now, through trading, I have rolled it from 10E to 17.7E, and currently it has rolled to 30E.
The current market is volatile, and @ProdigyFi on Berachain is a great tool for trading. You can perform arbitrage by buying low and selling high, and even if there are no transactions, you can still gain returns in USD or cryptocurrency.
Buy low: Expiration price ≤ Target price, automatically buy at the target price, and gain returns in cryptocurrency;
Sell high: At its house ≥ Target price, automatically sell at the target price, and gain returns in USD.
This method does not require constant monitoring, executes automatically, provides arbitrage while also offering high returns, with some pools even yielding up to 4005% AYP, which is very friendly for traders.
Prodigy.Fi currently supports WETH/USDC.e trading pairs, with various prices and timeframes flexibly selectable.
A small suggestion: if you haven't used similar products before, it's advisable to start with a small amount to understand the risks and familiarize yourself with the mechanism before increasing your investment.
The high composability of the Berachain ecosystem allows complex DeFi operations to be packaged into a single product.
For newcomers to DeFi or new users of Berachain, there is no need to invest time and effort to learn and understand complex processes, lowering the entry barrier to a minimum while maximizing capital efficiency.
What users need to do in this process is:
1⃣ Provide LP on BEX
➡️ https://hub.berachain.com
2⃣ Deposit the obtained LP tokens into beraborrow
https://app.beraborrow.com/vault
After depositing, Beraborrow automatically executes:
1⃣ Deposit the LP tokens into @InfraredFinance
2⃣ Automatically claim $iBGT earnings 3⃣ Stake the claimed $iBGT 4⃣ After rebalancing, all rewards from staking $iBGT are used to purchase more LP tokens. 5⃣ New LP added to the deposits to enhance position 6⃣ Earn more $iBGT and operate in a loop
In the future, it will also support using BEX LP as collateral to mint $NECT (the over-collateralized stablecoin of Beraborrow), further enhancing capital efficiency.
The differentiation of the Berachain ecosystem from other public chains is obvious, with more gameplay, more innovation, and more profit opportunities.
Especially in the DeFi ecosystem, if you can delve into investment research, you will find that it will completely break your stereotypes about DeFi.
Prodigy.Fi brings dual-token investment on-chain, automatically achieving buying low and selling high and gaining additional profits through participation in the Vault set by Prodigy.Fi.
Prodigy.Fi has received RFA incentives from Berachain, distributing nearly 37,000+ $BERA, of which 70% of these $BERA will be used to incentivize mainnet users.
Taking the high-yield vault with an APY of 1034% shown in the screenshot as an example, the maturity time is March 11 at 16:00. At maturity:
If the price ≥ 2050, you will receive U+U returns; If the price < 2050, you will receive WETH + WETH returns.
This means that if the price is above the target price, you earn U, and if below the target price, you earn WETH.
For more details, you can check the page: https://mainnet-bera.prodigy.fi/referral/RKNEUMMF
The risk here is that if the price exceeds 2050 and takes off directly, it is equivalent to selling ETH at a loss, so dual-token investment is more suitable for volatile markets.
The advantage is that you can freely choose products that suit your personal risk preference, pursuing high returns while maintaining a certain degree of stability amidst fluctuations.
Dolomite's Boyco 30-day lock-up period Vaults are unlocked today!
Check out the withdrawable assets here:
⛓️https://berachain.royco.org/portfolio
Users who participated directly through the Boyco UI will soon be able to view their veDOLO allocation and claim it after the TGE.
⛓️http://app.dolomite.io/boyco
Users who participated through third-party protocols will have their veDOLO incentives allocated by the third-party protocols.
Dolomite will launch its latest feature next week — e-mode, to maximize returns on unlocked assets.
For details, please refer to: https://medium.com/dolomite-official/boyco-unlocks-vedolo-rewards-and-the-launch-of-e-mode-everything-you-need-to-know-0fa8e8fa1b33
@KUMA is a Perp DEX built by the DeFi OGs of IDEX.
Its hybrid design combines off-chain order books, matching, and clearing engines with on-chain custody and settlement.
By combining the speed and efficiency of traditional trading systems with the transparency and security of blockchain technology, it creates a safer and more efficient trading experience.
Berachain's PoL mechanism is an important part of Kuma's growth strategy, and in the near future, Kuma will incorporate $BGT emissions into its rewards program.