The Berachain Boyco-based liquidity platform was put online on Tuesday with more than $ 2.2 billion in pre-depices.
The pre-launch liquidity platform is built in collaboration with Enso, Berachain and Layerzero.
It aims to solve the problem of the beginning of the cold for new decentralized applications (DAPP) ensuring that they have sufficient liquidity from the first day. This approach theoretically helps DAPPs to attract users immediately after launch, giving them one step ahead of the competitive challenge space.
Ryco is a protocol on Berachain which allows the creation of liquidity markets where protocols can negotiate with liquidity suppliers (LPS) to secure liquidity. Boyco is a specific implementation of Custom Royco for the launch of Berachain in Berachain.
Thanks to Boyco, applications can create pre-launch liquidity markets where users can deposit assets before putting online. Users deposit assets in the safes, which are then locked until the launch of Berachain. The depositors can be rewarded with tokens or berachain points or participating DAPPs.
“During Boyco, users will see more than 100 Berachain markets which allow them to deposit a deposit on a back or a deposit on both sides,” said the team in a post of Tuesday X. “These Boyco markets will reward depositors with various quantities of Bera and incentives in terms of application. ”
The program will be on the Mainnet Ethereum until February 3 before liquidity was ultimately repressed in Berachain alongside existing locks, according to the Boyco team. More than 2.0% of all Bera – one of Berachain’s to come to the coming – will be rewarded via participation in Boyco.
If you haven’t arrived in the first 24 hours, it’s still early. Boyco takes place until February 3 at 12 p.m. UTC.
DAPPS & Applications offer points, token incentives and bera for user deposits, which will be sanded and deposited on day 1 of Berachain.
2.0% of all Bera is rewarded…
– Ryco (@roycoprotocol) January 29, 2025
Berachain is a next blockchain which uses a mechanism for proof of liquidity to reward the supply of liquidity. He wrote a cult after X in the past year and enjoys a committed community.
The blockchain should be launched with humor in “Q5”, a nonexistent quarter beyond the fourth quarter, adding to the anticipation to participate in platforms linked to Berachain before its launch of the maintenance.
