From Boyco to Comprehensive PoL Empowerment: The Transformative Journey of Berachain

The initial goal of Berachain in launching Boyco was simple: to provide deep and stable liquidity for dApps on the first day of the mainnet launch, allowing project teams to focus fully on business development. Within just a few weeks, over $2.5 billion in TVL flowed into more than 100 markets, with approximately 150,000 wallets participating, achieving remarkable results.

As the lock-up period is about to end, early depositors will simultaneously receive BERA and LP certificate tokens. The Boyco Rollover plan has emerged, providing users with diversified fund migration options.

Opportunities After Migration

Based on your participation in the Boyco market and the BERA rewards earned, there are various follow-up opportunities. It is recommended to first browse BeraHub or the various LST platforms to understand the available strategies. You can choose a vault with a higher BGT capture rate or the highest APR, or a combination of both.

The following introduces several typical reward vault opportunities:

1. solvBTC.BBN/solvBTC (Kodiak)

   • APR: ~2.6%
   • BGT Capture Rate: ~1.0%
   • Suitable for conservative BTC holders

2. wBERA/HONEY (Kodiak)

   • APR: ~57%
   • BGT Capture Rate: ~18.9%
   • Provide liquidity for the core accounting unit of the chain

3. byUSD/HONEY (BeraHub)

   • APR: ~2.8%
   • BGT Capture Rate: ~3.2%
   • Suitable for stablecoin enthusiasts

4. wETH/WBERA (Kodiak)

   • APR: ~46.9%
   • BGT Capture Rate: ~3.6%
   • The ideal choice for maintaining Layer-1 exposure.

BTC/ETH/Stability Coin Strategy

For users who prefer unilateral deposits, Berachain offers a variety of currency market and credit layer options:

• BeraBorrow: Deposit various BTC synthetic assets to earn a floating supply APR of 8-18%.
• Kodiak: wBTC unilateral lending, interest rates fluctuate around 10-25%
• Concrete: Debt position tokenization, basic yield 12-22%, while receiving a small amount of BGT rebate.
• Dolomite:ETH LST Deposit, floating APR 5-20%
• Yearn:dHONEY vault, annualized yield approximately 12-25% APY
• Euler:HONEY lending, interest rate 20-40%, additional 2-4% BGT yield

Three Quick Paths of BERA

1. Staking to the vault: such as gBERA-iBERA or wBERA-iBERA, with an annual interest rate of up to 150-165%
2. Deposit BERA into the lending protocol: lend on Dolomite or Euler, with interest rates fluctuating between 20-100% APR.
3. BERA LST: Package BERA into a liquid staking token to obtain a base yield of 5-8%.

Rollover Operating Mechanism

Boyco Rollover provides a convenient exit channel:

1. Claim and display options: One-click to claim all positions and earned BERA
2. Smart recommendation priority: Recommend whitelist reward vault based on real-time data.
3. One-click exchange and deposit: automatic routing transactions, complete deposits and staking.
4. Staking LP, Mining, Recycling: Start earning BGT, with the option to compound or Boost validators.

The Importance of Rollover

Rollover marks the transition from passive pre-staking to active participation:

• Instantly gain BGT earning capability
• Gain Validator Influence
• Improve asset composability

Conclusion

Rollover provides users with the opportunity to flexibly allocate funds, helping to better adapt to market changes and maintain control over the DeFi ecosystem. Users are advised to continuously monitor BGT capture rates, validator fee rates, and APR changes to maintain an optimal risk-reward ratio.