From Boyco to Comprehensive PoL Empowerment: A Great Transformation

When Berachain launched Boyco, the original intention was to provide deep and stable liquidity on the mainnet from day one for dApps. The project team established a pre-deposit market, allowing users to deposit assets in exchange for future token rewards and early profit rights. In just a few weeks, over $2.5 billion in TVL flowed into more than 100 markets, with about 150,000 wallets participating.

The lock-up period is about to end, and early depositors will receive both BERA and LP voucher tokens. This is the origin of the Boyco Rollover plan.

Based on the participating Boyco market, the types of assets held, and the BERA rewards obtained, there are various follow-up opportunities. It is recommended to first browse the available strategies and determine the goal, after which PoL is the best choice. Below are key highlights of several capital migration strategies, accepted asset types, and their risk-return characteristics.

Partial Reward Vault Opportunities

The migration interface will list about 40 options, here are four vaults with different risk-return characteristics:

1. solvBTC.BBN/solvBTC APR approximately 2.6%, BGT capture rate approximately 1.0% Suitable for BTC whales who only want to hold hard currency and obtain moderate dividends.

2. wBERA/HONEY APR is about 57%, BGT capture rate is approximately 18.9% Receive two sources of income: exchange fees and daily issuance of BGT.

3. byUSD/HONEY APR is approximately 2.8%, BGT capture rate is approximately 3.2% Provide a way for hedging capital to mine BGT without leaving the stable zone.

4. wETH/WBERA APR approximately 46.9%, BGT capture rate approximately 3.6% Suitable for users who prefer blue-chip assets but do not mind some price fluctuations.

BTC/ETH/Stablescoin Strategy

For users who do not prefer the "Farming-Selling" model, Berachain offers the option to earn passive income through unilateral deposits:

• BeraBorrow: Deposit BTC synthetic assets to earn a floating APR of 8-18%
• Kodiak: wBTC unilateral lending, current deposit interest rate 10-25%
• Concrete: Debt position tokenization, gaining 12-22% base returns and a small amount of BGT rebate.
• Dolomite: ETH LST deposits earn a floating APR of 5-20%
• BeraBorrow: ETH type assets earn 6-15% returns
• Yearn: dHONEY Vault, 12-25% APY
• Dolomite: sUSDe deposit yield of 8-15%
• Euler: HONEY lending, 20-40% interest rate plus 2-4% BGT yield
• Kodiak: Stablecoin + HONEY trading pair, 15-30% return rate and BGT incentives

Three Quick Paths of BERA

1. Staking to the vault: such as gBERA-iBERA or wBERA-iBERA, with an annual interest rate of up to 150-165%

2. Deposit BERA into the lending agreement: supply interest rate fluctuates between 20-100% APR

3. BERA LST: Obtain a stable 5-8% base yield while maintaining asset liquidity.

How Rollover Works

Boyco Rollover is a guided exit channel that can be completed in just three clicks:

1. Claim and display options
2. Smart recommendation priority
3. One-click exchange and deposit

After staking LP, you will start earning BGT. The BGT you receive can be reinvested or used to boost validators.

The Importance of Rollover

• Instant BGT earning capability
• Validator Influence
• Composability

Rollover marks a significant transition from passive pre-staking to active participation in Berachain and PoL. Users can flexibly allocate funds based on their risk preferences and return demands. By monitoring BGT capture rates, validator fee rates, and the current APR, users can systematically rebalance to maintain the optimal risk-return ratio.

As the Rollover date approaches, it is recommended to pay attention to official channels for the latest updates.