Boyco Incentives

Beraborrow is proud to be accepted as part of the Berachain BOYCO incentive program. 5% of the POLLEN supply is spread accross markets that will be eligible for POLLEN points + partner co-incentives:

1. Stablecoin Liquidity Strategy

Overview: This strategy ensures seamless swaps and robust liquidity for NECT by leveraging a 1:1 minting mechanism with stable assets such as USDC.

Methodology

• NECT/HONEY Island Strategy (utilising USDC):

  • Deposit USDC

  • Use 50% of this USDC to mint an equivalent amount of HONEY (can be done on the native Berachain money market, BEND)

  • (Using the other 50% USDC) Mint an equivalent amount of NECT via the beraborrow 1:1 NECT:USDC PSM module

  • Provide liquidity to the NECT-HONEY pool on Kodiak.

  • Stake the HONEY/NECT LP token (Kodiak-9)

  • TOTAL INCENTIVES: 140 MILLION POLLEN POINTS + KDK POINTS

• USDE/NECT Island:

  • Deposit USDE

  • Use 50% of this USDC to mint an equivalent amount of NECT

  • Provide liquidity to the NECT-USDE pool on Kodiak.

  • TOTAL INCENTIVES: 140 MILLION POLLEN POINTS + 20X SATS + KDK POINTS

• Burrbear 3 pool:

  • Deposit HONEY and STGUSDC

  • Swap a given amount of either token to NECT (amount is down to individual preference, but we recommend 50% NECT)

  • Provide liquidity to the HONEY:STGUSDC:NECT stablecoin pool

  • TOTAL INCENTIVES: 140 MILLION POLLEN POINTS + BURR POINTS

2. Depositing into Dens

Overview: LPs can mint NECT through overcollateralized deposits, with collateral ratios set at 300% or higher being eligible for POLLEN based emissions through BOYCO.

Methodology:

• Deposit eligible volatile assets into Beraborrow. These eligible assets are:

  • SolvBTC

  • SolvBTC.BBN

  • uniBTC

  • STONEBTC

  • eBTC

  • PumpBTC

  • BeraETH

  • StoneETH

  • Cian ETH

  • eETH

  • lBTC

• Maintain a collateralization ratio of 300% or higher.

• Mint NECT directly via Beraborrow.

• Deposit minted NECT into the stability pool to earn additional rewards.

Incentives:

• A total of 840,000 POLLEN POINTS are committed to incentivising deposits at this collateral ratio

• Partner protocols will commit to co-incentivising each of their respective assets with their native token

3. Kodiak Islands as Collateral

Overview: Kodiak Islands enable LPs to leverage liquidity pool (LP) tokens as collateral within Beraborrow, unlocking additional yield opportunities while maintaining exposure to underlying assets.

Methodology:

• Create LP positions on Ethereum (e.g., wBTC:sBTC pairs).

• Upon Berachain’s launch, withdraw LP tokens and bridge the assets to Kodiak.

• Deposit bridged LP tokens into Kodiak Islands.

• Use Kodiak LP tokens as collateral in Beraborrow to mint NECT.

• Deposit minted NECT into the stability pool.

Incentives:

• Earn iBGT through auto-compounding on Infrared. The beraborrow protocol will automatically stake LP collateral pairs on Infrared to earn proof of liquidity rewards (iBGT)