Beraborrow $POLLEN Token Raise
Beraborrow unlocks instant liquidity against Berachain assets through the first PoL powered stablecoin, Nectar ($NECT). Currently the 3rd largest CDP in the world by TVL - native on Berachain. We’re at the very beginning of our journey.
🟠 An all-time high of $400M+ in Total Value Locked (TVL).
🟠 7 Figures in fees generated to date.
🟠 Over $6M in Auto-compounding vault deposits.
🟠 The 3rd Largest CDP Protocol in the world.
🟠 Beraborrow’s Nectar (NECT), is the 2nd largest native stablecoin on Berachain.
🟠 The Big Fat Beras NFT, ranked #3 of all NFTs launched in the ecosystem, boasting over 3K+ holders.
🟠 1 of 12 projects selected for the Boyco program.
🟠 Conducted security audits by top firms like Sherlock and Spearbit/Cantina, Recon and Halborn to ensure water-tight protocol security.
🟠 50K+ Twitter followers and 30K+ Discord members.
Powered by Proof of Liquidity - We utilise PoL to supercharge value captured from the protocol used to incentivise NECT adoption and utility. All interest rates contributes to governance driven incentives within the ecosystem. Distributed via sPOLLEN (staked POLLEN) rewards vault to support active participation in Berachain’s Proof of Liquidity.
Automated Leverage - Perps DEX style on-chain leverage powered by flash loans. Enabling increased exposure to collateral assets.
Liquid Stability Pool - Deposit NECT into the Liquid Stability Pool, to receive sNECT that earns yield generated from liquidations and can be staked to earn PoL incentives too.
LPs as collateral - Deposit LP positions as collateral to access liquidity whilst continuing to earn yield.
Auto-compounding Dens - Automatically reinvest earnings into the principle, increasing collateral ratio over time creating a self-sustaining mechanism for maximising yield on deposited assets.
Tokenised Dens - These tokenised assets can be deposited into Infrared vaults, with emissions from those vaults automatically restaked. Enabling borrowers to benefit from PoL on their collateral assets.
Managed Borrow Positions - Ability for users to deposit into set and forget Beraborrow strategies, such as used for Boyco. Enabling users to deposit collateral, farm the best NECT yields without any concerns for liquidations as positions are automatically de-leveraged.
We’re proud to announce the details for the POLLEN raise.
POLLEN, the Beraborrow governance token, plays a huge role in the protocol's future.
🟠 POLLEN is the Beraborrow governance token, enabling active participation in the protocols governance and liquidity incentives.
🟠 It serves as a way for the protocol to capture value from Proof of Liquidity, without having to create a new rewards vault for every NECT (our stablecoin) use case.
🟠 POLLEN is a means to increase exposure to Berachain governance through the utility of the Beraborrow protocol.
🟠 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.
🟠 As the adoption of Beraborrow grows, so does the need for POLLEN.
🟠 All interest rate revenue contributes to governance driven incentives within the ecosystem. Distributed via sPOLLEN (staked POLLEN) rewards vault to support active participation in Berachain’s Proof of Liquidity.
🟠 By staking POLLEN, you actively participate in Beraborrow’s governance and participation rewards tied to governance activities.
🟠 Upon a successful vote, 60% of protocol fees are allocated to governance initiatives determined by vePOLLEN holders (ve means vote escrow, longer term lockup). Incentivising active participation in protocol decision making.
🟠 A structured governance-driven distribution model facilitates iBGT swaps for POLLEN. vePOLLEN holders also control the VE treasury which accumulates, BGT, Infrared governance, and iBGT to POLLEN swaps.
🟠 POLLEN’s governance role strengthens as protocol activity and participation increase.
Arbitrum One$aPOLLEN
