The native protocol token POLLEN will have 2.5% of its total supply available for public sale through Fjord Foundry at a FDV of 42 million dollars.
Written by: 1912212.eth, Foresight News
On March 25, BeraChain officially launched the Proof of Liquidity (POL), and its coin price surged from around 5 dollars to the current 8.6 dollars, standing out remarkably in a generally declining mainstream coin market. After entering the governance phase, the ecological opportunities of the public chain have also begun to attract the attention of keen investors. Beraborrow officially launched its public sale today, with 2.5% of the total supply of the token POLLEN to be offered through Fjord Foundry at a 42 million dollar FDV, and Beraborrow plans to raise 1 million dollars. Users can visit the Fjord Foundry related page and follow the corresponding prompts to participate.
As a decentralized lending protocol based on the BeraChain public chain, Beraborrow has become one of the most talked-about DeFi projects on BeraChain since early 2025, thanks to its unique interest-free loan model and innovative Proof of Liquidity (PoL) mechanism.
What is Beraborrow?
Beraborrow is a DeFi lending protocol on the BeraChain network, designed to provide users with efficient and flexible asset liquidity solutions. BeraChain itself is renowned for its unique PoL consensus mechanism, building a blockchain network centered around ecological prosperity by rewarding users who provide liquidity instead of relying on traditional Proof of Work (PoW) or Proof of Stake (PoS).
Beraborrow supports the stablecoin Nectar (NECT) through a liquidity proof (PoL) mechanism, releasing instant liquidity for BeraChain assets. Beraborrow is designed with simplicity and flexibility at its core, aiming to provide users with maximized opportunities without sacrificing yield.
The protocol allows users to deposit collateral assets into Dens, thereby minting the over-collateralized stablecoin NECT. NECT can be used within the BeraChain DeFi ecosystem, unlocking more opportunities while still maintaining exposure to the original assets. Initially, Beraborrow was primarily built around iBGT, but it has now evolved into a multi-collateral asset platform, supporting BeraChain native tokens, liquid staking derivatives (LSD), and LP positions as collateral to mint NECT.
The core highlights are as follows
Instant Liquidity
Unlock liquidity without selling BeraChain assets. Users can deposit collateral into Dens to mint the over-collateralized stablecoin NECT of Beraborrow while still holding the original assets. After borrowing, NECT can be seamlessly used to participate in various DeFi protocols.
Automatic Leverage
With the help of flash loans, Beraborrow provides users with seamless on-chain leverage. Simply adjust the slider to increase exposure or maximize returns, and the system will automatically manage the complexity of synthetic leverage through recursive borrowing.
Earn profits through liquidation
Participate in the Liquid Stability Pool and fully unleash the potential of NECT assets. Staking NECT can earn liquidation rewards and earn fees from the operations of other users on Beraborrow.
Automatic Compound Interest Dens
Dens now supports automatic compounding, where users' earnings will be automatically reinvested into iBGT, enhancing the collateral rate over time and creating a self-reinforcing yield mechanism to maximize the returns on deposited assets.
Tokenised Dens (Tokenised Dens)
Beraborrow unlocks new governance and incentive mechanisms through the tokenization of Dens. These tokenized assets can be deposited into the Infrared vault, and the earnings generated by the vault will be automatically reinvested to provide users with continuous rewards and continuously optimize their collateral positions.
LP Position as Collateral
Beraborrow allows users to use Bex and Berps LP positions as collateral, enabling them to borrow funds while still earning liquidity rewards. This dual yield model allows liquidity providers to balance liquidity and returns, creating more value.
Arbitrage Strategy
Beraborb's Liquid Stability Pool provides users with arbitrage opportunities. Users can use sNECT to arbitrage between the liquidation asset pool and the decentralized exchange, maximizing returns and enhancing the financial stability of the protocol.
Token Economics
On March 25, Beraborb's private sale raised $170,000 and will officially launch today at Fjord Foundry. Beraborrow's governance token, POLLEN, has a total supply of 420 million, and POLLEN holders can participate in key decisions of the protocol, such as adjusting collateral types and protocol parameters. Currently, users can accumulate POLLEN points by participating in ecological activities through NECT (such as providing liquidity on Kodiak Finance or holding NECT), which will be exchanged for POLLEN tokens in the future. According to official data, Beraborrow has surpassed $390 million in TVL and over $100 million in NECT minting since its launch.
It enables the protocol to capture value from the Proof of Liquidity without having to create new reward pools for each NECT (our stablecoin) use case.
More NECT use cases will enable more users to use Beraborrow for leverage, thereby increasing the overall interest rate and fees, and these proceeds will flow to sPOLEN's BeraChain reward treasury, which in turn will be used to incentivize liquidity and drive further growth of the ecosystem. This cycle repeats itself over and over again, creating a "flywheel effect".
37.4% of the total supply of tokens is allocated to the community, 31.6% is allocated to seed round and strategic round investors, 18% is allocated to the team and advisors, 5% is allocated to the treasury, 5% is allocated to the liquidity pool, 2.5% is allocated to the public sale round, and 0.5% is allocated to the community round.
It is worth mentioning that officials have stated that after the vote is completed, 60% of the protocol fees will be allocated to the governance plan determined by vePOLLEN holders.
Summary
A popular public chain often relies heavily on the development of its ecological infrastructure, such as DEX and lending protocols. If representative projects can emerge and list on major exchanges, it will have a positive effect on both its ecosystem and the public chain itself. Investors participating in ecological opportunities need to consider the overall market trend and the project's fundamentals, while also paying attention to risk control.
