Boyco Pre-Deposit Vault Overview

Total Deposits

As of December 2024, over $700 million TVL has been secured in the Boyco Pre-Deposit Vaults, showcasing strong interest in Berachain. Key contributions:
- Lombard’s Bitcoin Bera Vault: $200M+ in wBTC and LBTC.
- StakeStone’s Berachain Vault: $363M+ in ETH.
- Additional input from Usual, Ethena Labs, and ether.fi.($241M)

Depositors and Transactions

100,000+ unique participants highlight broad community confidence.
Vaults rapidly gained liquidity, with deposit conditions varying by partner.

Vault Highlights

Lombard

Focus: BTC derivatives (wBTC, LBTC).
Incentives: Lombard Lux, Babylon Points, partner protocol rewards.
LBTC Vault: Pre-deposit LBTC to maximize yields post-launch via Concrete's automated strategies.

StakeStone

Focus: ETH, wETH, and STONE.
Incentives: BERA, $STO, Kodiak, and Dolomite rewards.

Usual

Focus: Stablecoins (USD0, USD0++, USDC, DAI).
Rewards: USD0++ yield and Berachain incentives post-Mainnet lock-up.

Ethena Labs & ether.fi

Focus: ETH and BTC pre-deposits.
Incentives: $ETHFI tokens ($2M+ in rewards from ether.fi) and partner-specific rewards.

Rewards and Incentives

BERA Tokens: Core reward for early liquidity providers.
Partner Rewards: $STO (StakeStone), $ETHFI (ether.fi), and more.
Bonus Multipliers: For long-term participation and active DeFi engagement.

Why Berachain?

Built on Proof-of-Liquidity (PoL): A groundbreaking consensus mechanism.
Maximized Yields: Concrete automates strategies across partner protocols.
Innovative Potential: Unlocks derivatives and new yield streams for users.

Unlocking LBTC on Berachain

Pre-Deposit Benefits: Early rewards for LBTC participants.
Post-Launch Strategies: Concrete’s Earn Vaults streamline LBTC yield opportunities.
Empowering PoL: New revenue streams and enhanced liquidity.

Conclusion

Boyco Pre-Deposit Vaults have established themselves as a pivotal mechanism for Berachain's growth. By attracting significant liquidity and offering diverse rewards, they provide a strong foundation for Berachain’s Proof-of-Liquidity-driven DeFi ecosystem.

Dashboard	Creator	Published	Activity
Berachain Boyco Pre-Deposit Vault Jan 3, 2025	datavortex	Jan 3, 2025	0
Solana October DEX Volume Surge: A Shift from Ethereum to Solana? Nov 1, 2024	datavortex	Nov 1, 2024	0

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