Honeypot Finance TGE is coming: An in-depth look at the $35 million funding of the Berachain ecosystem star project

In the Berachain ecosystem, Honeypot Finance, as an integrated all-in-one liquidity hub, is attracting market attention with its unique product matrix and innovative mechanisms.

In October of this year, the project completed a new funding round valued at $35 million, attracting well-known institutions such as Mask Network to participate.

With the launch of its Velocity Pre-TGE points incentive activity, community anticipation for its token generation event (TGE) is also increasing.

01 Multi-dimensional Product Layout: Building an All-in-One Liquidity Hub

Honeypot Finance is not just a single DeFi protocol but a comprehensive platform covering multiple stages of the token lifecycle.

Its core product lines form a complete liquidity supply closed loop.

Henlo DEX is its trading infrastructure, focusing on protecting users from MEV (Miner Extractable Value) attacks to ensure fair trading.

Dreampad serves as the project launch platform, providing incubation and financing services for emerging projects.

Pot2Pump aims to provide a secure issuance and trading environment for assets like meme coins.

02 Unique Positioning in the Berachain Ecosystem

Honeypot Finance is one of the first projects on Berachain to fully implement the PoL (Proof of Liquidity) mechanism.

This mechanism makes liquidity proof a core element of network consensus, allowing Honeypot Finance to deeply integrate with the underlying blockchain infrastructure.

The project plans to operate its own validation nodes and offer $HPOT rewards to users who delegate BGT (Berachain’s governance token).

Meanwhile, income from node operations will be used to buy back and burn $HPOT, creating a deflationary model.

03 $35 Million Funding: Targeting the Perpetual Contract DEX Sector

On October 19, Honeypot Finance announced the completion of a new funding round valued at $35 million.

Participants include well-known institutions such as Mask Network, CatcherVC, and Credit Scend.

This funding will mainly be used to advance the development and deployment of the AMM perpetual contract DEX.

The product aims to address structural bottlenecks of traditional order book perpetual exchanges and further improve Honeypot’s full-chain liquidity system.

04 Velocity Pre-TGE Points Activity: Early Participation Opportunity

To give back to the community, Honeypot Finance launched the Velocity Pre-TGE points incentive activity on October 30.

Community members can earn “Pot Points” by completing designated tasks, participating in key ecosystem activities, and successfully inviting friends to join.

These points will be crucial for obtaining project tokens $HPOT in the future.

For early participants, this is undoubtedly an important opportunity to receive token allocations.

05 Token Economics and Future Outlook

Although the $HPOT token has not yet been officially issued, its role within the Honeypot Finance ecosystem is already taking shape.

The token will serve as the protocol’s governance token and can also earn rewards through node delegation participation.

With the Berachain mainnet launch (expected before April) approaching, the ecosystem where Honeypot Finance resides is highly promising.

As of January 31, Berachain’s Pre-Boyco and Boyco vaults have accumulated deposits of $2.35 billion, which are likely to flow directly into ecosystem projects like Honeypot Finance after the mainnet launches.

06 How to Participate in the Honeypot Finance Ecosystem

For ordinary users, there are multiple ways to participate:

Engage in the Velocity Pre-TGE points activity by completing tasks to accumulate Pot Points.

After the mainnet launch, delegate BGT to Honeypot Finance’s validation nodes to earn $HPOT rewards.

Use Henlo DEX for trading to experience its MEV resistance features.

For project teams, Dreampad can be used to launch projects and obtain early liquidity.

Future Outlook

As the Berachain mainnet approaches, its ecosystem projects are gaining unprecedented attention.

As a core infrastructure within this ecosystem, Honeypot Finance stands at the intersection of liquidity and innovative mechanisms.

Its performance after the TGE may become an important benchmark for the success of the Berachain ecosystem.