Problem / Solution
Problem: Users can either continue holding their iBGT
or sell their iBGT
and lose exposure.
Solution: Beraborrow solves this by allowing users to keep their iBGT
holdings and take out an interest-free loan. When a user takes out an interest-free loan they receive Nectar $NECT
stablecoin, unlocking further liquidity and enabling them to freely participate in the Berachain ecosystem without selling their iBGT
. TheiBGT
is also staked while in the Den, meaning they earn yield while borrowing too.
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