Liquidity Proof Revolution: From Boyco Pre-Deposit to Comprehensive Asset Allocation

The initial goal of Berachain launching Boyco was simple: to provide sufficient and stable liquidity for applications on the first day of the mainnet launch. This allows developers to focus on the product rather than facing short-sighted liquidity providers without a clear plan.

The project team has created a pre-deposit market where users can deposit assets ( such as ETH, BTC, stablecoins, etc. ) to earn future token rewards and early participation rights. In just a few weeks, the results have been remarkable: over $2.5 billion in TVL has flowed into more than 100 markets, with approximately 150,000 wallets participating.

Now, the lock-up period is about to end. Each early depositor will simultaneously receive BERA and LP voucher tokens, starting to look for new investment directions.

This is the origin of the Boyco Rollover plan.

Opportunities After Migration

Based on the Boyco market you are participating in, the types of assets you hold, such as ( ETH, BTC, or stablecoins ), and the BERA rewards you have received, there are multiple follow-up investment opportunities. In addition to the asset types, it is equally important to weigh all options before funds are migrated.

First, it is recommended to visit the relevant platforms and personally browse the available strategies.

Are you looking to deposit funds into the reward vault with a higher BGT capture rate? Or the vault with the highest APR? Or both? Once the target is set, Liquidity proof ( PoL ) is the best choice. If you are still hesitating, the following will highlight several fund migration strategies, the types of assets accepted by these vaults, and their differences in terms of risk and BGT emission.

Let's start with a few reward vault opportunities.

Partial Reward Vault Opportunities

The migration interface will list about 40 target options, but if you don't want to check them one by one, here are four specific vaults covering different risk-return characteristics - from the stable BTC collateral to the high-risk high-reward HONEY. Each vault description includes: (a) the source of the LP tokens; (b) the current APR and BGT capture share; (c) the actual problem that this vault solves for the ecosystem.

solvBTC.BBN/solvBTC

APR ~2.6% | BGT Capture Rate ~1.0% | Platform: Kodiak

SolvBTC can be regarded as a yield-bearing, voucher-wrapped Bitcoin on Berachain; BBN adds BTC staking dividends. By depositing solvBTC.BBN and solvBTC into the Kodiak Liquidity Pool, staking receipt tokens can be minted. The yield is conservative: it is very suitable for those who only want to hold hard currency, obtain moderate PoL dividends, and wish to preserve the value of their BTC holdings.

wBERA/HONEY

APR ~57% | BGT Capture Rate ~18.9% | Platform: Kodiak

This pool will pair BERA with the HONEY( Berachain native over-collateralized stablecoin ), providing deep liquidity for the chain's core accounting unit. LPs earn two sources of income:

1. Exchange fee from BERA/stablecoin high trading volume path;
2. Thanks to the large rewards for validators from this pool, obtain a double-digit daily issuance of BGT.

The risk of impermanent loss is asymmetric. When the price of HONEY approaches $1, the price of BERA may fluctuate. This is suitable for users who wish to obtain substantial PoL rewards but do not want to endure the volatility of memecoins. However, it is still necessary to track the price of BERA with half of the position and cautiously increase holdings.

( byUSD/HONEY

APR ~2.8% | BGT Capture Rate ~3.2% | Platform: BeraHub

BYUSD is Berachain's native, dollar-pegged, yield-generating stablecoin. Paired with HONEY on the Hub AMM, it provides a way for hedging funds to mine BGT without leaving the stable zone, while also increasing liquidity for high transaction volume tokens on the network. The APR is moderate, but stablecoin LPs focus more on low slippage and stable returns.

) wETH/WBERA

APR ~46.9% | BGT Capture Rate ~3.6% | Platform: Kodiak

For users holding bridged ETH and wishing to maintain Layer-1 exposure, the WETH-WBERA pair is an ideal choice: one side is ETH, and the other is the Berachain underlying asset. By providing liquidity in Kodiak and staking LP receipts, users can earn nearly 50% in overall APR, derived from trading fees of two highly correlated mainstream currencies and stable BGT yields. This is suitable for users who prefer blue-chip assets but do not mind some price fluctuations.

BTC/ETH/Stability Coin Strategy

If the BGT mining model is too aggressive, Berachain's currency market and credit layer allow for earning passive income through unilateral deposits, and in certain cases, it is still possible to obtain some validator emissions. Below are some real-time strategies grouped by underlying assets.

None of these options are reward vault strategies ### that require staking LP tokens ###, but some offer BGT to help you assess whether the additional complexity is worthwhile.

( BeraBorrow - SolvBTC / uniBTC / STONEBTC / PUMPBTC

Deposit one of the four BTC synthetic assets into the BeraBorrow money market to earn a floating supply APR of about 8-18%, while maintaining hard BTC exposure. There are no BGT earnings, only pure interest income, and you can choose to use the revolving loan collateral to obtain additional leverage.

) Kodiak - Isolated wBTC Lending Pool

Kodiak AMM offers unilateral wBTC lending functionality ### in the wBTC silo ###. The current deposit interest rate is around 10-25%, and the rate may spike when traders leverage buy BTC.

You can transfer interest-bearing wBTC into the reward vault, but it is a simple, BGT-neutral way to earn.

( Concrete - cIBTC and similar ) meet BGT qualification ###

Concrete tokenizes debt positions; mint cIBERABTC, cIBTC, or cIBeraUNI to earn approximately 12-22% base yield, and the protocol also offers a small BGT rebate to stakers. This strikes a balance between pure lending and comprehensive PoL mining.

( Dolomite - BeraETH & weETH deposit

BeraETH loop. No BGT, but borrowing demand is stable and interest rates are attractive.

) BeraBorrow - rsETH / BeraETH / WETH

For users who are unwilling to use leverage, simple deposits on BeraBorrow generate approximately 6-15% returns for the same type of ETH. The collateral remains Liquidity ### and can be used to borrow stablecoins ###, also with no BGT returns.

( Yearn - dHONEY vault

Yearn wraps dHONEY) into a delta-neutral, pseudo-stablecoin that captures funding rates### and automatically compounds perpetual funding and market-making rebates. The net annualized yield is about 12-25% APY, without relying on BGT. It is a good "set-it-and-forget-it" solution for users who trust Yearn strategy audits.

( Dolomite - sUSDe deposit

sUSDe synthetic stablecoins earn about 8-15% yield on Dolomite, supported by Maker's DSR and internal borrowing demand. Currently, this is the highest unconditional stablecoin interest rate on Berachain, but note that there are no BGT incentives.

) Euler - HONEY lending ### meets BGT eligibility ###

Euler's isolation pool allows for borrowing the original HONEY at an interest rate of 20-40%. The team increases returns through validator rewards - generating an additional approximately 2-4% BGT yield, automatically accumulating in the supplier's account.

( Kodiak - USDa-sUSDa & rUSD-HONEY LP) meets BGT eligibility###

If you want to participate in LP activities but do not want to bear volatility, the trading fee return rate for the trading pair of two stablecoins plus HONEY on Kodiak is approximately 15-30%, and you are eligible for validator incentives. By directly staking LP tokens on BeraHub, you can enjoy stable BGT earnings and mining pool rewards.

Three Quick Paths of BERA

Boyco mining allows each early depositor to receive a large amount of original BERA tokens when clicking "Claim All". If none of the mature reward vaults or unilateral strategies are suitable, Berachain still offers three extremely simple ways to maintain BERA productivity. For users who do not want to deal with LP receipts, validator boosts, or complex dashboards, and just want to manage BERA, this can be considered Berachain's default setting.

( Staked to the vault

For users who only want to obtain stable returns without bearing impermanent loss, Berahub has launched the BERA-denominated vault, such as gBERA-iBERA or wBERA-iBERA. Since both parties in the trading pair track the same underlying token, the price difference can be ignored; all returns come from trading fees and a large number of validator rewards, with the current annual interest rate reaching about 150-165%. It is suitable for holders who wish to hold 100% BERA and simultaneously obtain the highest risk-adjusted returns on the network.

) Deposit BERA into the lending agreement

If you completely want to avoid LP, you can simply lend BERA on Dolomite or Euler. The supply rate fluctuates between 20% to 100% APR based on borrowing demand - usually peaking when speculators leverage into new token issuances. No BGT, no validator mechanism - just pure interest income, with the option to borrow stablecoins later using deposits. Suitable for passive income earners who wish to have liquidity and collateralization of their principal.

BERA LST

Hedging allocators can bundle BERA into liquid staking tokens ###iBERA or gBERA###, achieving a stable base yield of 5-8% while maintaining asset liquidity for future DeFi investments. LST continuously and automatically calculates validator rewards, requiring no manual collection, and tokens can be deposited into any reward vault or money market.

Rollover Operation Mechanism

Boyco Rollover is essentially a guided exit channel that allows you to convert your deposited positions into efficient PoL collateral with just three clicks:

1. Claim and Display Options: When the treasury is unlocked, Boyco shows the "Claim All" panel, summarizing all holdings, the BERA to be received, and one-click buttons for migration or withdrawal. No need for multi-signature waiting, no need to copy and paste contract addresses, directly access the mainnet.

2. Smart Recommendation Priority: After receiving, the lightweight recommender highlights the whitelist reward vault based on real-time APR, BGT capture rate, and the dollar value per BGT. Presets are acceptable or view the full vault list.

3. One-click Exchange and Deposit: If the target vault requires other assets, the process automatically routes the transaction - for example, exchanging BERA for gBERA, transferring it to LP, and then depositing it, all with just one confirmation. The UI transmits the receipt token and prompts staking into the PoL of BeraHub to start earning BGT. Users only need to verify the path slippage.

4. Staking LP, Mining, Recycling: Start earning BGT( and external incentives from the treasury ) after staking. The BGT received can be exchanged for BERA compound interest or boost validator BGT emissions to your treasury.

When the new minted BERA arrives in the wallet, the migration pop-up provides three quick channels for reinvestment:

a( Invest in BERA priced LST pairs, such as gBERA-iBERA, chasing up to about 150% APR with no impermanent loss risk; b) Routing to the money market, such as Dolomite or Euler, pure BERA lending supply APR can reach up to 100% during high demand; c) Recycle to earn interest LST)5-8% benchmark yield ), maintain Liquidity and can be transferred to other reward vaults in the future.

In other words, the block rewards earned can be immediately reinvested back into the PoL flywheel.

The entire operation chain is centralized in a modal box; no manual bridging is required, and there's no need to deal with multiple front ends. Advanced users can adjust the Gas usage or route through Pendle/PT, while beginners can enjoy a user experience similar to managed services.

The Importance of Rollover

Boyco Rollover is not only a convenient optimization, but also marks a key moment for Boyco LP's official advancement to PoL participants:

• Instant BGT Earning Capability: Pre-deposits convert into on-chain receipt tokens, allowing for immediate absorption of validator emissions from the first day, rather than waiting for an airdrop.
• Validator Influence: Staking receipts are converted into BGT voting rights, which can enhance validators and redirect more emissions to the treasury of interest, self-reinforcing returns.
• Composability: Standard ERC-20 tokens can be seamlessly integrated into the Berachain ecosystem, including automatic reinvestment, YT/PT markets, and leveraged cycles.

In short: a Rollover allows you to grow from a passive depositor to a PoL participant with governance weight, recursive revenue paths, and priority in experiencing new BGT strategies.

Conclusion

Rollover marks the transition from passive pre-storing