The mainnet is about to be launched. How to capture the most BGT/BERA on Berachain easily and worry-free?
With the successive issuance of coins such as Movement and Fuel, Berachain has become one of the few emerging public chains that still attracts attention with its on-chain liquidity "flywheel" designed based on the PoL (Proof of Liquidity) mechanism. However, for ordinary users, This also builds a “high wall” of participation:
From how to participate in Boyco pre-deposits to selecting DAPP, calculating income strategies, and dynamic participation in governance voting, each step puts forward higher requirements for on-chain experience and operational capabilities, hindering the vast majority of users from maximizing the opportunity to capture BERA. , and there are currently few simplification tools available.
It is worth noting that StakeStone has just launched the market’s first one-stop Berachain liquidity provision product “Berachain Vault”, which is designed to simplify the process from Berachain pre-deposit activities to liquidity mining (Yield Farming) under the POL mechanism. Through one-stop nanny service, ordinary users can easily participate in the Berachain ecosystem and seize early dividends.
So can this Vault product become a "through train" for retail investors to participate in Berachain? This article will start from the emerging ecological needs represented by Berachain, combined with the core design of StakeStone Berachain Vault, to explore the potential and value of this product in lowering the threshold and optimizing revenue management.
Berachain: The "flywheel" and "high wall" of the POL mechanism
When talking about Berachain, it is naturally inseparable from its core innovation Proof-of-Liquidity (POL) mechanism, that is, users must provide liquidity to a specific liquidity pool in order to obtain the corresponding BGT (a type of token that can be converted into BERA). governance token) rewards. Which liquidity pools can obtain more BGT emissions are voted by the verification nodes entrusted by BGT holders.
Does it look familiar? If we replace Berachain with Curve, replace the POL mechanism with the ve model, and replace BGT with CRV, the operating logic of the two is surprisingly similar - on Curve, CRV holders obtain rewards with different locking durations. veCRV of voting weight. The obtained veCRV with voting weight can be reversely voted to determine which trading pair pools can share the subsequent emissions of CRV tokens. In other words, Berachain can actually be simply understood as a "public chain version of Curve", or a public chain that operates based on the ve model:
Image source: Shenchao TechFlow
Under the POL mechanism, the voting of verification nodes directly affects the emission and distribution of BGT. This will undoubtedly greatly stimulate ecological projects to actively create various liquidity incentive plans to actively strive for more BGT emissions, forming a "bribery" ecosystem similar to Curve. .
It's just that Berachain has integrated this logic into the underlying structure of the chain, allowing users, verification nodes, and DApps to form a highly collaborative "community of interests":
Ideally, the interests of the verification node and the success of the DApp are consistent. The former has the motivation to discharge more BGT to DApps with high transaction volume and strong activity, and the DApp will attract LP users by increasing the incentive rate of return. More users participate in liquidity pools, allowing these high-volume pools to generate more substantial returns.
As more users flood into the liquidity pool due to high return rates, the governance support and liquidity scale of DApps are further improved, thereby gaining more BGT emission rights. This continuously expanding liquidity and governance weight not only strengthens The scale of the agreement will in turn attract more users and funds into the ecosystem, gradually forming a strong positive flywheel.
Image source: Shenchao TechFlow
But new questions also arise. Once the Berachain mainnet is online, how should ordinary users judge and choose where to provide liquidity to maximize their profits?
Regardless of the selection of verification nodes, ecological projects, and liquidity pools, each layer of selection requires in-depth research on more than a dozen options. This undoubtedly constitutes a "high wall" for participants.
Compared with Curve, the Berachain ecosystem undoubtedly needs the support of an entire ecological project that serves users. Among them, the voting delegation platform Convex and the one-stop revenue platform Yearn.finance will also be indispensable components on Berachain to solve the core pain points of ordinary users. .
Typical user dilemmas include:
Information asymmetry: The income and governance weight distribution of different DApps/liquidity pools are in dynamic change. Retail investors need to invest energy and time in tracking and studying the dynamics of each project in order to make the optimal choice;
Disadvantage of scale effect: the liquidity contribution of a single retail investor is small, and it is difficult to compete with project parties or professional players with large capital in the process of competition for emission rights, and it is difficult to obtain scale effect through individual participation;
Operational complexity: To manage liquidity, participate in voting governance and optimize returns at the same time, the threshold is high for ordinary users. If you are not careful, you may miss the best opportunities, such as failing to adjust the voting direction or reallocate liquidity in time. , may directly affect the overall income;
Under this demand, StakeStone, a full-chain liquid asset protocol, launched Berachain Vault, an innovative product specially designed for the Berachain ecosystem, becoming the earliest one-stop Berachain mining service platform in the market officially launched by Berachain.
StakeStone Berachain Vault: One deposit, two networks, multiple benefits
In the context of DeFi, "Vault" is an automated investment strategy designed to simplify the user's operating experience. Users only need to deposit assets, and the protocol can automatically execute a series of financial transactions, maximizing investment through various strategy combinations. However, although traditional Vault products provide convenient asset management, they have obvious limitations in income appreciation and liquidity release.
On the one hand, users usually deposit non-interest-bearing underlying native assets such as Ethereum. Although they have high market recognition, they cannot directly generate income; on the other hand, liquidity is often locked after depositing into Vault, making it difficult to further utilize and restrict Increases user investment flexibility.
As interest-bearing assets such as stETH, pufETH, and rzETH gradually become mainstream, Vault products have also evolved and begun to support these assets with embedded income logic, allowing them to not only capture basic income such as PoS staking, but also further mine through liquidity , lending and other combined strategies to superimpose returns to maximize the user’s return on investment.
Thinking further, if on this basis, the liquidity locked in Vault is also released in the form of Valut LP Token, and allowed to participate in various DeFi income scenarios, wouldn't it be possible to superimpose multiple layers of income to the extreme?
Take the Berachain StakeStone Vault launched this time as an example. It is such an innovative product that not only continues the asset management function of Vault, but also completely opens up all dimensions of multiple benefits for users through the innovation of Vault+Vault LP Token:
Encapsulate the LP assets of Berachain Vault into interest-bearing assets: allow users who want to participate in the Berachain ecological nuggets to deposit LP assets (interest-bearing or non-interest-bearing) such as Ethereum and $STONE. After Vault receives the assets, they will flow through the POL mechanism. Based on the gender mining and governance income strategy, LP assets are targeted at specific liquidity scenarios to maximize return rates, and based on this, they are encapsulated into Vault LP Token (such as beraSTONE) with interest-generating capabilities.
Then carry out DeFi income combination based on the encapsulated interest-generating assets: Then, Vault LP Token can be used in various mature DeFi infrastructure on Ethereum to realize a new and unique parallel universe structure, that is: the source of interest-generating is in Berachain, etc. Funding activities for interest-generating activities on other chains occur on the Ethereum mainnet. This structure takes into account the high returns of the new chain, the large funds of the Ethereum mainnet, and the mature DeFi infrastructure. It has the opportunity to become a new paradigm in the DeFi market.
In the design mechanism of Stakestone, the encapsulated Vault LP Token has the same top-level composability as Ethereum - it can participate in Uniswap liquidity mining, Aave/Morpho mortgage lending, and even be split into PT and YT in Pendle. etc. to further amplify the rate of return.
So if you look into it carefully, the real innovation of StakeStone Berachain Vault is that through secondary utilization and in-depth release of an asset, it connects the emerging ecosystem of Berachain and the mature network of Ethereum (or other EVM chains), forming a "multi-level The flywheel effect of income:
The first layer of income, the PoS income of the underlying interest-earning assets: users can deposit Ethereum to obtain full-chain liquid assets such as $STONE, covering the underlying PoS income of ETH;
The second layer of income, the POL income of the Berachain ecosystem: STONE is deposited into the StakeStone Berachain Vault, and the liquidity mining income under the POL mechanism is obtained in the Berachain ecosystem, and this layer of income is further encapsulated into Vault LP Token (such as beraSTONE);
The third layer of income, diversified DeFi strategy income on Ethereum: Vault LP Token in the form of beraSTONE can increase income again through leverage, liquidity mining and other strategies on Ethereum;
In this way, by combining the ecological characteristics of Berachain and the diverse on-chain revenue scenarios of Ethereum, StakeStone Berachain Vault realizes the multiple reuse of an asset from emerging markets to mature ecology, maximizing revenue while also completely releasing liquidity potential. , greatly improving the utilization efficiency of a single asset, and also bringing higher capital liquidity and market recognition to the Berachain ecosystem.
Through these two assets, users can not only obtain high BERA income under the Berachain Proof of Liquidity (PoL) mechanism, but also achieve income stacking in mature ecosystems such as the Ethereum main network. More importantly, users can also Participate in StakeStone Vault to lock in future governance token $STO in advance:
During the event, users can participate in a total of 15 million $STO reward pool by holding or using beraSTONE and beraSBTC, including 8.25 million Bera-Wave point rewards (issued in the form of points, TGE settlement) and 400 during the Boyco event 10,000 $STO additional rewards; in addition, the first 10,000 early bird users (deposit ≥0.042 Ethereum or ≥0.0015 Bitcoin) will also receive an additional incentive of 150 $STO each.
So how do you earn Bera-Wave points? It is mainly divided into two parts: basic points rules + DeFi acceleration rewards (the recommendation reward mechanism can be found in the specific process below):
1. Basic points rules:
Hold 1 beraSTONE and earn 1 point per hour;
Holding 1 beraSBTC can earn 25 points per hour (points are accumulated hourly, no additional operations are required);
2. DeFi acceleration rewards——
Investing beraSTONE or beraSBTC in the following DeFi protocols can significantly increase the speed of points accumulation:
Uniswap provides liquidity: 5x bonus on base points.
Precise liquidity range (±0.1%): When the liquidity range remains ±0.1% of the current price, you can receive 6 times the base points as a reward (continuous activity is required).
More protocol support: Pendle, Morpho and other protocols will be launched in the future to provide more reward opportunities and further increase points income.
Generally speaking, these rewards cover Berachain PoL, Boyco protocol and future ecological benefits, as well as StakeStone's future token airdrops. It can be said that "one fish eats more", providing users with a full range of Berachain & StakeStone participation opportunities. Specifically The operation process is also very simple:
1. Enter the StakeStone Vault interface and click "Deposit" to enter the StakeStone Berachain Vault interface.
Image source: Shenchao TechFlow
2. Connect the wallet in the upper right corner.
Image source: Shenchao TechFlow
Image source: Shenchao TechFlow
3. Enter the invitation code to get a 10% points boost reward (can fill in 91852), share your personal invitation code on Twitter, and get more rebate rewards (20%)
Image source: Shenchao TechFlow
Image source: Shenchao TechFlow
4. Deposit Ethereum/STONE/WETH to get beraSTONE; deposit SBTC/WBTC/cbBTC/BTCB to get beraSBTC (not yet enabled). Holding beraSTONE or beraSBTC can earn points.
Only Ethereum mainnet assets are available. If not, please click "Switch Network" to switch to the Ethereum mainnet;
Select the asset to be deposited on the left, enter the amount, then click the "Deposit" button and "Confirm" in the wallet;
Image source: Shenchao TechFlow
5. Participate in DeFi protocols to get more rewards.
It is worth noting that Berachain has not yet been launched on the main network, so the initial operation of StakeStone Berachain Vault will mainly be for Berachain pre-deposit protocol Boyco. In addition to receiving direct BERA token rewards during the pre-deposit period, pre-deposit funds deployed into Boyco will also be mapped 1:1 to the main network, laying the foundation for full access to the Berachain main network in the future.
Once the Berachain mainnet is online, the core functions of Vault will be switched to the POL system of the Berachain mainnet, providing users with one-stop Berachain liquidity mining services.
This progressive deployment path not only reduces technical and operational risks, but also provides early users with the opportunity to participate in the construction of Berachain ecological liquidity. Users can seize liquidity opportunities before the Berachain main network is launched. In Boyco Early liquidity mining benefits are captured in the protocol.
Will StakeStone Vault be a new solution to the emerging ecosystem on the chain?
From the perspective of Berachain alone, Berachain StakeStone Vault provides the earliest Berachain pre-deposit channel in the market and is the first choice tool to seize dividends and maximize returns.
Especially during the critical window period when the Berachain mainnet is about to go online and the mining mechanism is about to start, it can help ordinary users take the lead in locking in the early dividends of the new ecology without having to face complex technical operations, allowing retail investors to participate fairly in Berachain's Ecological benefits.
However, from the perspective of the broader emerging blockchain market, the significance of this product is far more than that. It not only provides Berachain with an innovative liquidity management solution, but also provides a new development idea for the entire emerging ecosystem— —Encapsulate the income of the emerging ecology into interest-bearing assets and connect it with the more mature main network infrastructure, thus becoming an important channel for cross-ecological liquidity and income management.
This mechanism is particularly suitable for emerging markets such as Berachain and Movement, because they often face challenges such as insufficient liquidity and imperfect infrastructure during cold starts or early stages of ecological development. The Vault product launched by StakeStone in cooperation with Plume and others has initially verified this. The feasibility of this model, this StakeStone Berachain Vault can be regarded as a further deepening of this model.
Its core value lies in allowing a user's assets to be reused in multiple ecosystems, maximizing returns while releasing liquidity potential:
Lower the threshold for participation in emerging ecosystems: Users can seize ecological dividends through Vault without complicated operations, allowing more people to efficiently participate in local revenue capture in ecosystems such as Berachain, thereby achieving wider user coverage;
Enhance the attractiveness of emerging ecological assets: Through the encapsulation mechanism of Vault LP Token, traditionally locked assets are transformed into Ethereum mainnet interest-bearing assets with liquidity and profitability, which not only improves the efficiency of asset utilization, but also enhances the emerging ecosystem. the attractiveness of the asset;
Connect to mature networks to achieve value flow: Vault’s encapsulated interest-bearing assets (beraSTONE) can be seamlessly connected to mature financial infrastructure such as the Ethereum main network, and asset returns are further amplified. At the same time, the Berachain ecosystem can also establish a deeper connection with the global DeFi market. collaborative relationship;
This means that Stakestone Vault products can not only capture the local income of the emerging ecology, but also encapsulate LP and other assets into interest-bearing assets, giving them higher-dimensional financial attributes and accessing Ethereum and other products in the form of structured products. A more sufficient and mature liquidity market will improve capital efficiency.
The complexity of Berachain's POL mechanism and the initial asset management requirements make it the best test field for testing the StakeStone Vault model. The Vault mechanism not only effectively solves Berachain's liquidity bottleneck in the cold start stage, but also injects ecological assets into its ecosystem. More application scenarios and revenue paths:
On the one hand, the automated strategies within Vault help users efficiently capture local income such as liquidity mining and governance rewards. On the other hand, encapsulated interest-earning assets can participate in multi-level income scenarios in more mature ecosystems, such as Uniswap’s liquidity Mining, mortgage lending with Aave, even revenue splitting with Pendle, and more.
This mechanism not only improves the compounding ability of asset returns, but also promotes the acceptance and recognition of emerging ecosystems such as Berachain. As more and more emerging ecosystems become available, users will demand for the asset returns and capital efficiency of emerging ecosystems. It will undoubtedly become more complex, which means that the innovative mechanism of StakeStone Vault actually provides a dynamically adaptive asset management method, allowing it to develop the income superposition and secondary utilization of different asset types based on any emerging ecosystem, further enhancing investment rate of return.
Under such a structure, StakeStone Vault is not only an efficient asset management tool, but also an important bridge between the emerging ecosystem and the mainstream blockchain ecosystem.
Conclusion
Whether in the traditional finance or DeFi world, improving capital efficiency is always the ultimate pursuit of all players.
For on-chain revenue-generating products, how to maximize revenue simply and safely, and maximize the effectiveness of every dollar, can also be regarded as the eternal "muse" of the market. From this perspective, StakeStone Berachain Vault and the Stakestone Vault product structure behind it actually provide an interesting new paradigm for emerging public chains:
By using Vault with built-in multi-layered revenue paths as a bridge, it simplifies user participation thresholds and increases the attractiveness to foreign funds, while packaging the revenue within the ecosystem into a liquid interest-earning asset, thereby realizing local revenue opportunities. Seamless integration with the DeFi market on mainstream chains explores a more ideal start-up and long-term growth path for the entire emerging ecosystem.
In the future, whether this model can become a universal solution for the emerging ecosystem, or even grow into a tens-billion-dollar on-chain financial narrative, still needs time to test, but the vision and practice of StakeStone Berachain Vault may be the answer we are close to. One of the best paths.
This article is reproduced with permission from: (Shenchao TechFlow)
Original author: Frank
"The Bera chain will be online!" Teach you how to mine BERA points with StakeStone, watch the complete tutorial here." This article was first published in "Crypto City"