The Liquidity platform based in Berachain Boyco was launched on Tuesday with more than $ 2.2 billion in previous deposits.
The liquidity platform prior to the launch is built in collaboration with Enso, Berachain and Layerzero.
Its objective is to solve the cold start problem for new decentralized applications (DAPP) ensuring that they have enough liquidity from day one. This theoretically approach helps DAPPS attract users immediately to the launch, giving them an advantage in the competitive defi space.
Royco is a Berachain protocol that allows the creation of liquidity markets where protocols can negotiate with liquidity suppliers (LPS) to ensure liquidity. Boyco is a specific Royco implementation designed for the launch of Mainnet from Berachain.
Through Boyco, applications can create liquidity markets prior to the launch where users can deposit assets before Mainnet is carried out. Users deposit the assets in vaults, which are then blocked until the launch of Berachain Mainnet. Depositors can be rewarded with tokens or bell -length points or participating DAPPs.
“During Boyco, users will see more than 100 Berachain markets that allow them to deposit a single side or a two -sided deposit,” the team said on a Tuesday X post. “These Boyco markets will be rewarded to depositors with several amounts of incentives at Bera and Application level.”
The program will be at the Ethereum Mainnet until February 3 before liquidity finally goes to Berachain along with the existing blockages, according to the Boyco team. More than 2.0% of all Bera, one of the next Berachain chips, will be rewarded through Boyco’s participation.
If you did not get the first 24 hours, it is still early. Boyco runs until February 3 at 12 AM UTC.
DAPPs and applications offer points, tokens and bera incentives for user deposits, which will be joined and deposited on Berachain Day.
2.0% of all bera is being rewarded …
– Royco (@roycoprocol) January 29, 2025
Berachain is a next block chain that uses a liquidity test consensus mechanism to reward the provision of liquidity. He has marked an X cult in last year and enjoys a compromised community.
Blockchain is ready to launch in “Q5”, a non -existent room beyond the fourth quarter, which adds to the anticipation of participating in Berachain -related platforms before Mainnet launch.
