The Berachain-based liquidity platform Boyco lived on Tuesday with over $ 2.2 billion in pre-deposit.
The pre-launch of the liquidity platform was built in collaboration with Enso, Berachain and Layerzero.
It aims to solve the cold start problems for new decentralized applications (DAPPS) by making sure they have enough liquidity from one day. This method is theoretical that helps DAPPs attract users to the launch immediately, giving them a head start to competitive defi space.
Royco is a Berachain protocol that provides for the creation of liquidity markets where protocols can organize with liquidity (LPS) to ensure liquidity. Boyco is a definite Royco implementation that is customized for the Berachain Mainnet launch.
Through Boyco, applications can create pre-launching liquidity markets where users can deposit properties before Mainnet survival. Users deposit assets in vaults, which are then locked until the Mainnet launch of Berachain. Depositors may be rewarded with tokens or points from berachain or participating DAPPs.
“During Boyco, users will see more than 100 berachain markets that allow them to deposit a single -sided deposit or a two -sided deposit,” the team said in a post of Tuesday X. ” These Boyco markets will be a reward of depositors with different amounts of Bera and App level incentives. “
The program was in Ethereum Mainnet until February 3 before the liquidity was later turned into Berachain with existing lockups, per Boyco team. More than 2.0% of all Bera – one of Berachain’s upcoming tokens – is rewarded by Boyco’s participation.
If you don’t get in the first 24 hours – it’s still early. Boyco runs until February 3 at 12am.
DAPPS & Applications & Applications Points, Token incentives, and Bera for user deposits, which can be bridged and deposited on day 1 of Berachain.
2.0% of all bera is rewarded …
– Royco (@RoyCoprotocol) January 29, 2025
Berachain is an upcoming blockchain that uses a proof-of-liquid consent mechanism to reward the provision of liquidity. It has a cult that follows X last year and enjoys a committed community.
Blockchain is funny set to launch in “Q5,” a non-existing quarter beyond Q4, adding to the hope for participating in Berachain-related platforms before the Mainnet launch.
