Instant Liquidity, Infinite Opportunities.
Joined January 2024
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Beraborrow (🐻⛓️🍯) retweeted
1/ Berachain has a new look and a clearer message.
Our redesigned website is live now at berachain.com, reflecting where Berachain is headed:
A network built to help onchain businesses grow.
Beraborrow (🐻⛓️🍯) retweeted
PoL Next has a simple goal - turn costs (emissions) into revenues (revenue shares in companies on the chain)
The next most important part of the equation is identifying revenue positive businesses that want utilize our emissions to accelerate their growth.
The good news is, we’ve got a couple of them lined up already - as these teams mature and launch more publicly, we’re hoping to Show, not Tell as they start generating revenues and accruing value back to BERA holders.
We’ll follow up shortly by sharing more about ideal team profiles, and a formal application process for interested parties.
Onwards 🫡
Beraborrow (🐻⛓️🍯) retweeted
1/ Berachain's Proof of Liquidity is evolving.
As crypto adapts to fit a more mature crowd of asset allocators, the Beras are making some changes.
Here's everything you need to know about the new PoL 🧵
ALT Introducing Berachain Proof-of-Liquidity Next
Beraborrow (🐻⛓️🍯) retweeted
A new @beraborrow DAO Vote Proposal will go live in four days.
This is a pretty exciting one since it is directly adding value to $POLLEN holders.
Yari Finance, a new CDP launching on @katana, wants to license Beraborrow's codebase.
In return: 40% of all their protocol revenue flows back to Beraborrow DAO for $POLLEN buybacks.
This creates a NEW revenue stream with zero operational overhead.
Beraborrow doesn't have to deploy anything, maintain anything, or manage anything. Just collect 40% of Yari's revenue every quarter for POLLEN buybacks.
Proposal is live now in Beraborrow discord. Worth reading if you hold $POLLEN or care about protocol revenue diversification.
Beraborrow (🐻⛓️🍯) retweeted
We're doing a winter clean up to sharpen NECT around high growth, deep liquidity assets.
As part of this, we’re sunsetting a number of long tail collateral types.
What does this mean?
Existing positions remain open, but you will no longer be able to mint new NECT using these collaterals.
What if I currently hold one of these assets?
You’ll have 14 days to withdraw or close positions normally.
After that, these Dens will enter Sunsetting Mode, where interest rates gradually rise to unwind any remaining positions over the following 14 days.
Beraborrow (🐻⛓️🍯) retweeted
@beraborrow on behalf of all @ArbitrageBera users thamk you. The $pollen den has printed for months and has saved many portfolios interm appreciates you
Beraborrow (🐻⛓️🍯) retweeted
Affected stable pools on the BEX have been placed into emergency withdrawal mode, following best guidance from the Balancer team.
This allows existing LPs to safely withdraw their funds, though the pools are not active, and deposits are not enabled. Noting that the Balancer team is still in the process of identifying potential vulnerabilities, the BEX vault and weighted pools remain paused, with withdrawals to be enabled as those investigations conclude.
In the interim, claims for users affected by the Balancer exploit (funds that were removed from the BEX and published in the CSV article) are now live.
You may use the BEX Incident Recovery Site to reclaim your funds here:
hub.berachain.com/pools/reco…
If you experience any issues, please leave a ticket in Discord and our mod team will escalate accordingly.
Please note that the Foundation + team member accounts are still experiencing some issues due to the Yubikey bug affecting X at the moment, and bear with any slow responses.
Thanks in advance everyone who helped us get this handled!
Beraborrow (🐻⛓️🍯) retweeted
Berachain is back online and so is @beraborrow!
All user funds are safe and secure.
We thank @berachain for taking the hard decision to help protect users and LP’s.
Now back to business.
Beraborrow (🐻⛓️🍯) retweeted
Updates from Bera Core:
A binary has been cut to prevent the addresses holding funds which were taken from the BEX pools from transferring any tokens anywhere else, with the sole "whitelisted destination" of an address belonging to the Foundation.
This binary will also enforce changes to the BEX pools to prevent token transfers / further limit the ability for potential attackers to steal additional funds. The team has consulted with Zeroshadow, Cantina, Zenith, and other builders in the Balancer/adjacent ecosystems prior to pushing this fix, with helpful suggestions from the Seal 911 team as well. However, it is important to note that at this moment, there is no definitive answer to this morning's exploit. In the future, we hope to follow Balancer's lead once they have identified a long term risk mitigation approach, and expect to keep the BEX paused in the interim.
This hard fork will likely roll out in the coming hours, and we will update here upon its completion. This will serve to get the chain live ASAP while safeguarding user funds.
In the interim, a group with a history of operating MEV bots on Berachain who is tangentially known to team members has reached out following the chain suspension, indicating that their bots "whitehatted" the funds. They have sent on chain messages to the same extent at
bscscan.com/tx/0xc895a996ebe…
bscscan.com/tx/0x5bf570f5f6e…
Out of an abundance of caution, the aforementioned transfer limitations will be kept in place on these addresses. We believe that if they are infact white hats, they will send the funds to the Foundation wallet upon the chain restarting. We are encouraged by their outreach, and hope to work together to safely return funds. We hope to verify their statuses as white hats upon return.
If they do not return funds, we expect to coordinate with the validator set to facilitate a fast-follow hard fork within the coming hours/days to return the funds forcibly. As we are dealing with non-native assets, this is a more complex process.
The near term goals are to:
a) Ensure that no exploited user funds leave Berachain, and are safely returned to LPs asap.
b) Prevent further exploits on BEX
We appreciate the community's patience and understanding as we navigate this process with as much caution as possible, while noting that root causes of the exploit are still not fully understood. With that being said, the goal is to always do right by our users.
Thanks in advance!
Berachain.
Beraborrow (🐻⛓️🍯) retweeted
The Berachain validators have coordinated to purposefully halt the Berachain network as the core team performs an emergency hard fork to address Balancer V2 related exploits on the BEX.
This halt has been executed purposefully, and the network will be operational shortly upon recovering all affected funds.
Thank you in advance for your understanding, and expect more updates and a full retro soon.
Beraborrow (🐻⛓️🍯) retweeted
We've been aware of the ongoing Balancer exploit for the past 45 minutes, and are taking precautions to avoid any potential damage to the Berachain ecosystem, especially the BEX.
HONEY minting and BEX pools / vaults have been paused in the interim.
We'll continue to update shortly, thanks to all for the patience and inbounds.
Beraborrow (🐻⛓️🍯) retweeted
Your plan for @berachain is to ape in, get rugged, and cry in Discord.
Henlo, fren. You’re not a player. You’re the bait.
Ooga booga smooth brain.
You're about to be food for the real Beras who understand Proof of Liquidity and Bitcoin Restaking. This is your final warning. Ooga booga. 🧵👇
Your smooth brain strategy: Bridge a dead asset, chase some $BGT, and pray you’re not exit liquidity.
That’s not a strategy. It’s a donation.
Proof of Liquidity isn't a community hugbox; it's a war for BGT emissions, and protocols won't bribe for your useless stables.
You don't bring a knife to a gunfight. You bring a nuke.
$uniBTC is that nuke. It’s not just $BTC. It’s a productive asset, already earning native yield from @babylon_chain before it even touches the Bera ecosystem.
This makes it god-tier collateral. The asset protocols will bleed for.
KODIAK ALPHA: @KodiakFi isn't a DEX; it's Berachain's main liquidity hub meant for BGT bribe wars. To win, Kodiak needs deep, sticky liquidity. Your mercenary stables are not sticky.
uniBTC, with its own base yield, is. This means Kodiak has to funnel massive incentives to uniBTC "Islands" to win. You're not just farming; you're on the winning side of the economic war.
DOLOMITE ALPHA: This is the cheat code. @dolomite_io's "virtual liquidity" lets you use uniBTC as collateral without turning off its base Babylon yield.
The play is simple:
1️⃣ Deposit your yield-bearing uniBTC.
2️⃣ Borrow interest-free $HONEY against it.
3️⃣ Your collateral is literally paying for your loan while you sleep.
Now, the giga-bera loop 99% of you will miss:
1️⃣ Deposit uniBTC on Dolomite (base yield is still on).
2️⃣ Borrow $HONEY against it.
3️⃣ Take that $HONEY, pair it with more uniBTC, and LP in a Kodiak Island vault.
4️⃣ Farm insane BGT rewards from the bribe war you're now fueling.
5️⃣ Delegate your BGT to validators boosting your Kodiak pool.
It's a self-fueling money printer.
Your arsenal doesn't stop there. The entire ecosystem becomes your playground.
@pendle_fi / @Penpiexyz_io / @Equilibriafi: Chop up your uniBTC yield and sell it to degens.
@beraborrow: Access more leverage.
@satlayer: Tap into the next recursive layer of restaking rewards.
This is how you build an empire, not just a farm.
Let's compare:
🅰️ Your "ooga booga" plan (ngmi):
- Earn BGT.
🅱️ The giga-bera uniBTC plan (chad):
- Base BTC Yield (Babylon).
- BGT Yield (from winning the PoL bribe war on Kodiak).
- Trading Fees (Kodiak).
- Leverage Yield (Dolomite).
- Airdrop Yield (Bedrock Diamonds).
You are fighting for scraps. We are capturing the entire value chain.
Mainnet will be a graveyard for tourists who showed up with a bag of stables and a head full of hopium.
Berachain is a sophisticated economic engine. Stop being a cog in the machine. It's time to become the operator.
Stop being the honey. Start owning the pot.
This is your final warning before you become exit liquidity.
Mint & Bridge the only asset that matters. 👉 app.bedrock.technology
Beraborrow (🐻⛓️🍯) retweeted
The last few hours have been amazing to witness the resilience of the @beraborrow protocol.
60m of TVL safeguarded, all liquidations processed perfectly, with 0 Bad Debt - Shoutout to liquid stability pool depositors.
NECT remained at Peg.
We also were running live tests for a new product in collaboration with @foreverlong_io and couldnt be more impressed with the results. 👀
Beraborrow (🐻⛓️🍯) retweeted
Our Pollen-NECT LP continues to deliver best-in-class yields!
Earn >31% in pure stable rewards on your LP
Fueled by @beraborrow, only on @berachain
Beraborrow (🐻⛓️🍯) retweeted
30% APY on a $BOLD stablecoin pool 🤯
BOLD is on @berachain
LPs can get 30% APY for providing liquidity on the BOLD / NECT / HONEY stable pool, as well as @InfraredFinance points! 👀
yield is auto-compounded!
link to the vault below 👇
Beraborrow (🐻⛓️🍯) retweeted
HOW TO BERABORROW #3
@beraborrow is a top tier project on @berachain, this is why today you'll learn with me how to STAKE your $POLLEN on their app!
If you can't read please have a look at this beautiful video below.
Let's dive in:
⟶ First, what is vePOLLEN?
It is Beraborrow's vote-escrow token, minted by locking $POLLEN or POLLEN–BERA LP positions.
It determines your share of weekly protocol rewards (60% fees as $POLLEN distributions) and confers governance voting rights.
⟶ Step 1: Access the Staking Interface.
- Visit app.beraborrow.com/staking.
- Connect your wallet.
⟶ Step 2: Choose Your Asset to Stake.
- $POLLEN (single-side staking) for direct token locking.
- POLLEN–BERA Kodiak Island LP to maintain LP exposure while earning vePOLLEN and PoL yields in $POLLEN.
⟶ Step 3: Select Lock Duration and Multiplier.
- Choose a lock period: 30 days (1.33x multiplier), 90 days (2x), 180 days (3x), or 273 days (4x).
- As of calculation: ve_initial = stake_value × lock_multiplier (stake_value is your $POLLEN amount or LP value at lock time).
⟶ Step 4: Deposit and Lock
- Enter the amount to stake.
- Review details: Estimated vePOLLEN, decay progress, and projected rewards (APRs are estimates and based on fees).
- Rewards accumulate weekly (epochs shown in the UI).
⟶ Managing Your Lock
- Extend.
- Relock.
- Early Unlock.
- Withdraw at Expiry.
Berachain.