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

When Berachain launched Boyco, the goal was to provide the deep liquidity needed for dApps in their early stages. Through the pre-deposit market, users can deposit assets in exchange for future token rewards and early yield rights. In just a few weeks, over $2.5 billion in TVL has flowed into more than 100 markets, with approximately 150,000 wallets participating.

With the end of the lock-up period, early depositors will receive both BERA and LP voucher tokens. Next, entering the Boyco Rollover phase, users have various options to redeploy their funds.

Partial Reward Vault Opportunities

The migration interface will list about 40 target options, here are four vaults with different risk-return characteristics:

1. solvBTC.BBN/solvBTC ( Kodiak platform )

   • APR is approximately 2.6%, BGT capture rate is about 1.0%
   • Suitable for BTC whales who wish to receive moderate PoL dividends.

2. wBERA/HONEY ( Kodiak platform )

   • APR is about 57%, BGT capture rate is approximately 18.9%
   • Provide depth for the core accounting unit of the chain to earn high transaction fees and BGT rewards

3. byUSD/HONEY (BeraHub platform )

   • APR is about 2.8%, BGT capture rate is about 3.2%
   • Provide stable BGT mining opportunities for risk-averse capital

4. wETH/WBERA (Kodiak platform )

   • APR approximately 46.9%, BGT capture rate approximately 3.6%
   • Suitable for users who wish to maintain ETH exposure while participating in Berachain.

BTC/ETH/Stability Coin Strategy

For users who prefer unilateral deposits, Berachain offers a variety of currency markets and credit strategies:

• BeraBorrow: Deposit BTC synthetic assets to earn a floating APR of 8-18%
• Kodiak: wBTC single-sided lending, deposit interest rate 10-25%
• Concrete: Tokenization of debt positions, base yield 12-22% plus a small amount of BGT rebate
• Dolomite: ETH LST deposit, 5-20% floating APR
• Yearn:dHONEY Vault, 12-25% APY
• Euler:HONEY lending, 20-40% interest rate plus 2-4% BGT yield

Three Quick Paths of BERA

1. Stake to the vault: such as gBERA-iBERA, with an annual interest rate of up to 150-165%
2. Deposit BERA into the lending protocol: Supply rate 20-100% APR
3. BERA LST: Obtain a base yield of 5-8%, maintaining asset liquidity.

Rollover Operating Mechanism

Boyco Rollover offers one-click operation:

1. Claim and display options
2. Smart Recommendation Priority
3. One-click exchange and deposit
4. Staking LP, Mining, Recycling

The entire process is centralized in one interface, eliminating the need for manual bridging or handling multiple front ends.

The Importance of Rollover

Rollover marks the transition of users from passive depositors to active PoL participants:

• Immediately gain BGT earning capability
• Gain validator influence
• Improve asset composability

Conclusion

Rollover provides users with the opportunity to flexibly allocate funds, allowing them to better adapt to market changes and take control of the DeFi ecosystem. It is recommended that users closely follow the official channels of the foundation to stay updated on the latest developments.