Berachain has reached staking
▶️ #activities
🤝It seems that the Berachain launch is quite close, so we shouldn't miss such opportunities.
🐻There are two options for farming BERA points through Lombard and Stakestone.
▫Lombard
• Deposit LBTC or wBTC into the Bitcoin Bera Vault on the ETH network;
• Funds are locked until April 14, 2025, and will be automatically redirected to the Berachain Mainnet;
• Currently, the TVL is almost $50 million;
• Rewards: Berachain, Lombard, Babylon, Concrete, Kodiak, Dolomite.
▫Stakestone
• Deposit ETH, WETH, or STONE into the Berachain Vault and receive liquid wrappers (beraSTONE/beraSBTC);
• Liquid wrappers can be used in DeFi to earn Bera-Wave points;
• Currently, the TVL is $85 million;
• The minimum for Stakestone is set at 0.042 ETH (or 0.0015 BTC);
• Withdrawals will open at the end of Boyco, but liquid wrappers can simply be swapped on DEX.
❗️Interestingly, the pre-TVL pre-Berachain is already over $135 million (slightly above the top 50).
So far, this is not even the Boyco program itself (which we wrote about here), but the Boyco pre-deposit vaults. It will officially launch a bit later.
Article with details.
🗣 What do you think of this news?)
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