Beraborrow
  • Overview 🌄
    • What is Beraborrow?
    • How to use Beraborrow?
    • Key features
    • Leverage in Beraborrow
  • Vaults
  • Managed Vaults
  • Auto Compounding Vaults
  • Borrowing 🤝
    • Dens
    • Understanding Collateral
      • Collateral Screening and Parameter Methodology
      • iBGT as collatoral
      • Kodiak Islands as Collateral
      • iBERA as collateral
      • bHONEY
      • ETH and BTC based Derivatives
    • Fees for Borrowers
    • Collateral Ratio and Liquidation
    • Recovery Mode
    • Flash Loans
  • Pricing Assets
  • NECT (Stablecoin) 🍯
    • What is Nectar ($NECT)?
    • Liquid Stability Pool (LSP)
    • Redemptions
      • $NECT Peg
    • sNECT Arbitrage Opportunities
  • POLLEN 🐝
    • What is POLLEN?
    • Pollen Emissions
    • Why hold POLLEN?
    • aPOLLEN
    • cPOLLEN
    • vePOLLEN
  • Boyco POLLEN Claim
  • Proof of Liquidity 🌊
    • Importance of Proof of Liquidity
  • AUDITS 🔒
    • Audits
  • Additional Resources 🔧
    • Contract Addresses
    • Brand Assets
    • Glossary
    • Official Links
  • 👥User Guides
    • Den Management
      • How to Open a Den
      • How to Close a Den
    • Liquid Stability Pool Management
      • Deposit NECT into the liquid stability pool.
      • Withdraw NECT from the liquid stability pool.
  • Strategies
    • Euler NECT/USDe Stablecoin Looping
    • Beraborrow Structured Products
    • Yield Looping
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On this page
  • Protocol Interest Rate Allocation
  • Staking
  • Bonding
  • Initial POLLEN distribution
  1. POLLEN 🐝

What is POLLEN?

PrevioussNECT Arbitrage OpportunitiesNextPollen Emissions

Last updated 1 month ago

POLLEN is a governance token designed to support the stability and growth of the Beraborrow protocol by aligning incentives for NECT adoption and liquidity. POLLEN holders participate in protocol decision-making and contribute to governance-driven incentives that enhance Beraborrow’s ecosystem. Initially, incentives will focus on the Liquid Stability Pool and stablecoin liquidity. Once sufficient liquidity is established in the stable-swap system, incentives will be redirected toward protocols and use cases that increase NECT's utility as a stablecoin, such as a trading protocol using NECT as a quote asset, a game using NECT to be able to perform transactions, or simply a new token launching pairing its initial liquidity with NECT.

Protocol Interest Rate Allocation

Since Beraborrow does not have lenders, all protocol interest revenue is allocated to governance-driven initiatives that support ecosystem sustainability:

  • Berachain Rewards Vaults: Governance participants can stake POLLEN to contribute to ecosystem governance and decision-making, aligning incentives with Beraborrow’s long-term sustainability.

  • Protocol Liquidity Initiatives: Governance participants allocate funds to enhance stablecoin liquidity, ensuring the stability of NECT as a decentralized stable asset.

Creating a flywheel where more NECT utility enables more users to use Beraborrow for leverage, thus increasing total interest rates/fees to the sPOLLEN Berachain reward vault meaning more value can be passed through to incentivise liquidity. And the flywheel repeats. See interest rates and Daily Loss to Volume calcs

Staking

POLLEN can be staked to mint sPOLLEN, which enables governance participation and ecosystem engagement. Staking does not guarantee financial returns but aligns long-term participants with protocol incentives. Additionally, through the Beraborrow interface, governance participants can direct protocol rewards toward ecosystem initiatives that enhance the utility of NECT across the Berachain ecosystem.

Bonding

Users may contribute liquidity through bonding mechanisms, such as sNECT, HONEY-NECT, POLLEN-BERA, or POLLEN-NECT LP tokens, in exchange for governance access through POLLEN allocations. Bonding does not provide financial returns and is structured solely to support protocol sustainability and expand decentralised liquidity.

Initial POLLEN distribution

There are 420,000,000 POLLEN tokens. Breakdown of token distribution can be seen

here
here