Feb 12, 2025

Flashtalk Recap: The Bear Awakens: Berachain is Here

Time : 2025/01/11 (Tuesday) (Taiwan Time: 20:00-21:00)
Location : MetaCRM Twitter
Hosts : MetaCRM BD | SJ
Guests : Infrared Finance Founder – Raito, Kodiak Finance – Rodman, IVX Finance Chief Yapper – Waj, Eden Co-Founder – Ririfish, Curvance Co-Founder – Michael, Beraborrow Core Contributor – Kobble
Media Partner : AllAboutBera

SJ – MetaCRM
Greetings everyone. We are really delighted to welcome fellow Berachain partners here tonight to share with our Asia communities along with Alex from BlockTempo which is one of the biggest Web3 Taiwan media and Alvin from Crypto Research representing the Berachain Chinese community.

Berachain Mainnet just hit us by surprise late last week. I think our communities would really love to know what is next after the Mainnet launch. Really glad to have Raito from Infrared Finance, Waj from IVX Finance, and also Ririfish from Eden, Kobble from Beraborrow and Michael from Curvance for joining us tonight.

As a quick intro I’m SJ from MetaCRM. We are a CRM solution partner that helps lots of DeFi projects on managing their clients relationships, providing solutions like dApps and on-chain clients analytics. We help clients like Curve Finance, Thena, Orca, Manta, Morph, etc with these big Defi activities.

As we look into Berachain, it’s really crazy, it hits like a 3.1 billion TVL before the mainnet launch. It’s so valuable even on the testnet. Really glad that we have so many Alphas here tonight to unpack the secret formula. So I think we are going to take the time to dig out all the information we need. First fellow Alphas please introduce yourself and tell us about what you are building and maybe also share some perspective about what’s next for you, and also about Berachain. Raito, do you want to go first?

Berachain Projects Introduction

Q1: Berachain Projects Introduction and What’s Next for Them?

Raito – Infrared
Awesome. First of all, thanks for having me. Happy 2025, everyone, and big congrats to the community and all the builders. It hasn’t been an easy road, and everyone has been building for a long time. Now that we’re seeing the data, the light launch is upon us. But the work isn’t done—if anything, it’s just beginning. Exciting times ahead.

So, what is Infrared? First, I’m Raito, one of the co-founders of Infrared. We’re building liquidity infrastructure to complement proof of liquidity, streamlining access so users can maximize yield. On the other side, protocols can bootstrap liquidity at the lowest capital cost, fully leveraging what PoL is designed to do—aligning incentives across all major stakeholders, from users to liquidity providers, applications, and infrastructure providers.

We’re starting with liquid staking, offering two products: iBERA and iBGT.

iBERA is a liquid staking solution similar to Lido on Ethereum or Jito on Solana. Users stake the main token that secures the network, receive an LST in return, and compound yield from block rewards.

iBGT, on the other hand, is entirely novel and unique to our parachain. It’s built on top of a naturally liquid but non-transferable token—BGT—one of the most important assets within the network and central to proof of liquidity. BGT can be delegated to validators to optimize emissions and earns a significant share of incentives. However, because it’s non-transferable and illiquid, composability is limited.

To solve this, we’ve designed a liquid staking token that maintains BGT’s yield-bearing nature while introducing composability. Within proof of liquidity, users can deposit liquidity into PoL whitelisted gauges, earning BGT emissions. Instead of receiving BGT directly, they can stake LP tokens with Infrared, where emissions flow to us, and we mint iBGT back to users. This allows them to hold a hard asset and interact with key primitives across the ecosystem.

With iBGT, users can lend, borrow, trade, and integrate it into bonding curves, opening up future use cases. While doing so, they can also stake and earn significant yield.

Beyond liquid staking, we focus on validator infrastructure. By leveraging BGT and iBERA, we stake assets with a curated validator set in collaboration with node partners. This allows us to delegate BGT efficiently, optimizing staking rewards while creating a powerful validator network that directs BGT emissions.

Protocols can incentivize our validator sets to direct emissions toward specific pools, streamlining liquidity distribution. And since we’re building at the foundational blockchain level, we can explore MEV strategies to further optimize yields and enhance our products.

That’s a high-level overview of Infrared. We’re building a lot, so I always try to explain it without overcomplicating things. Looking forward to your feedback and any questions you might have.

SJ – MetaCRM
Congratulations, Infrared, for being one of the biggest liquid staking on Berachain right now. Next, we are moving to the next person to share with us. Waj, are you here?

Waj – IVX
Hi everyone, I’m Waj. We’ve been building IVX for a long time. Bob and I have been curating and innovating in the derivatives space, particularly on Berachain. Our goal is to become the hub for derivatives, starting with two key products.

The first product, which we launched yesterday, is an intent-based perpetual market. This allows users to express an intent—such as longing Bitcoin or Bera (actually, we should all be longing Bera now). Our solver network processes these intents, executing trades on platforms like Binance on your behalf.

Essentially, when you trade on IVX, you get exposure to Binance’s entire order book directly on-chain. This offers several benefits, especially when integrated with proof of liquidity. It enables features like automated trading strategies and various optimizations.

We plan to support a wide range of assets. Currently, you can trade Bera, Bitcoin, and ETH, but we’ll be expanding to long-tail assets, including Berachain ecosystem tokens and potentially AI-related assets when they gain traction again. The idea is that if you want to trade something, you should be able to do it on IVX—powered by PoL.

Another advantage of using intents is that we don’t need to provide our own liquidity. This reduces costs and allows us to redirect those savings toward trader incentives, making the trading experience more rewarding.

The second product, which many are already familiar with from our Testnet, is zero-day-to-expiry (0DTE) options.

A simple way to explain options is by comparing them to car insurance. If your car costs $10,000, you might buy a $500 insurance policy for a year. If something happens, you get a big payout; if nothing happens, the insurance company keeps your premium. The same principle applies to options. You can buy a call option on Bera, Bitcoin, or ETH—if the price surges, you get a huge payout; if nothing happens, the option seller earns the premium.

Now, why zero-day options? Think of it like insurance: a year-long policy costs more, but if you buy coverage for just a day, it’s much cheaper. However, if something happens on that one day, your small premium turns into a massive payout. Similarly, short-term options offer high leverage, allowing traders to capitalize on sudden market moves at a low cost.

We’ve built a marketplace where users can buy, sell, and combine options in various ways—hedging risks, speculating, or running advanced strategies.

Right now, our intent-based perpetual market is live, and our zero-day options market is in its final stages. The product is complete, so it’s just a matter of days before launch.

Looking ahead, IVX will continue expanding its derivative offerings, possibly integrating with DeFi. We’re already working on partnerships, including Beraborrow and Infrared, to explore new use cases for option derivatives. Our vision is to make IVX the go-to place for derivatives on Parachain—whether for trading or DeFi applications. When powered by PoL, these products become even more exciting.

SJ – MetaCRM
How soon can users access these products, Waj?

Waj – IVX
For the intent based market so you can actually trade there right now. And in terms of zero day options, very, very soon. This month.

SJ – MetaCRM
Thank you. It’s just like a reminder for our communities because this is meant to be like a fresh start for project Intro. We’ll be moving to the next projects over here, Kobble from Beraborrow, do you want to share from your side?

Kobble – Beraborrow
Hello! Yeah, I’d love to—thanks for having me on, and Happy 2025!

I’m Kobble, one of the core contributors at Beraborrow. At a high level, we enable users to free up liquidity against their Bera-native assets through our native stablecoin, NECT.

Essentially, you can use assets like BTC or ETH derivatives—or soon, iBERA and iBGT—as collateral to mint NECT. This allows you to maintain exposure to the price volatility and yield of those assets while unlocking liquidity to use elsewhere. Whether that’s trading zero-day expiries on IVX or anything else, NECT gives you flexibility.

It also enables leveraged yield strategies. For example, if you’re bullish on iBERA, you can deposit it as collateral, mint NECT, buy more iBERA, and redeposit—repeating the process to amplify your exposure. Our front end automates this, making it as simple as a drag-and-drop slider. This means users can seamlessly gain leveraged exposure to assets or their underlying yield.

We support both assets and LP tokens, giving users maximum flexibility while ensuring they still have access to liquidity.

NECT is the backbone of our system. It’s a straightforward, non-rebasing ERC-20 token—by design—ensuring maximum composability. Our goal is to introduce a fresh supply of stablecoins into the Berachain DeFi ecosystem.

For example, NECT can be supplied to money markets like Dolomite, helping lower borrowing costs on-chain. Assets like BTC derivatives, LRTs, or LSTs often have high lending demand but low borrowing demand in traditional money markets. We allow users to maintain exposure to the yield on those assets while converting them into a more fungible and composable asset—NECT. This, in turn, injects additional liquidity into the ecosystem, reducing borrowing costs and fueling more DeFi flywheels.

SJ – MetaCRM
Just curious, what’s the one to three month plan for expanding the utilities next? Can you share with us a bit more on that?

Kobble – Beraborrow
We’re in an interesting position with a one-sided money market. Our interest rates don’t go to lenders. In a traditional money market, someone supplies WBTC, another supplies stables, and borrowers take stables from a lender. That system requires lenders to supply capital.

On our side, we mint our stablecoin, NECT, which is overcollateralized from deposits. This means all interest paid on the platform helps grow the stablecoin rather than paying lenders. Pairing with NECT or creating an LP with it allows us to drive real yield, paid through our interest rates.

Our three-month plan with NECT involves working with protocols on Berachain to launch LPs and expand its utility. For example, enabling NECT trading on IBX or depositing it into our liquid stability pool. Many games are integrating NECT this way, increasing its “moneyness” and overall utility. Protocols benefit because it adds an extra layer of interest they wouldn’t otherwise get—essentially free yield from using the stablecoin.

This is the exciting part about NECT. As simple as it is, it generates real use from the lending protocol side and helps early projects bootstrap liquidity. Bootstrapping is expensive and highly competitive. If we can help early projects launch by adding incentives to their pools and supporting their growth, we’re happy to do so.

This also scales linearly. For example, if a small perps platform with an AMM model starts with $100K and grows to $1M in a year, our emissions scale accordingly. If we initially provide 8% incentives, we can maintain 8% as it grows because every NECT in circulation earns interest through the lending protocol.

We’ve been fortunate to spend over a year on testnet, working with many protocols and getting users familiar with NECT. If we had launched directly on Ethereum Mainnet, convincing users to adopt another stablecoin would have been much harder. This time allowed us to build strong relationships, and now we’re rolling out on mainnet with partners already integrating NECT from the start.

SJ – MetaCRM
Thank you Kobble. Really looking forward to see how NECT is being applied to a lot of other consumer applications. Next is Michael from Curvance, please give some intro about yourself.

Michael – Curvance
Super happy about Berachain going live! Not so happy about the price action, but we’re still in it, baby. Doubling down on NFTs—let’s go!

I’m Michael, one of the co-founders of Curvance at Currents. We’re building a yield-optimized, multi-chain liquidity protocol that maximizes capital efficiency across DeFi ecosystems. Users can auto-compound, collateralize assets, and earn yield while maintaining access to their liquidity.

I really like Waj’s car insurance analogy—I’m going to use that too. If you’re a DeFi user looking for the best yield, strategy, or a way to manage your “policies” across multiple ecosystems, Curvance makes that possible.

Our end goal is to be DeFi’s homepage, where users can discover new strategies, assets, and ecosystems they might not have otherwise explored. For Berachain, this aligns well with proof of liquidity and the strong yields we’re already seeing on mainnet. I think we’ll see a lot of new users coming into the ecosystem through us, joining from other chains—exciting times ahead!

SJ – MetaCRM
Thank you, Michael. I’m really glad to see how Berachain DeFi activity has evolved with so many different things happening right now.

Our last speaker is Ririfish from Eden. They’re not DeFi, but they’re working on some interesting consumer-facing products. Please share with our community!

Ririfish – Eden
Hi everyone, thanks for having me. I’m Riri, co-founder and head of marketing at Eden. Unlike the other DeFi projects here, we focus on sextech and decentralized pleasure (DPing).

Our sextech devices function as mining machines, allowing users to mine our token while using them. We currently have three devices—two for women and one for men.

Our app launches in 2025 with three main features: The first one is AI companions. The second one is the matching system. The third one is healers, Global Healers. Healers are basically sexual guides similar to a crypto-native OnlyFans, with the added ability to connect and interact with sextech devices.

We actually have sold like 3,000 pieces already in our first batch and we were supposed to launch our Eden pass devices like two days ago. For some reason we postponed it but like we’re all opening a second sale soon.

SJ – MetaCRM
Thank you, Ririfish.

I see Bera Rodman is joining us as well. Rodman, do you want to give some intro about Kodiak Finance first?

Rodman – Kodiak Finance
Hello everyone, I’m Bera Rodman, co-founder of Kodiak Finance, Berachain’s native liquidity platform. We offer a suite of trading solutions specifically built for and native to Berachain.

This includes our full-range and concentrated liquidity AMM, the Kodiak Islands—an internal and external automated liquidity management layer—our validator operations, the Panda Factory and Pandabot in collaboration with Ramen Finance, and Kodiak Options, developed with our partners at Strike.

SJ – MetaCRM
Thank you, Rodman. Also congratulations for Kodiak Finance and Infrared Finance for being one of the biggest pools before the mainnet launch on Boyco.

Q2: Media and Community Perspective on Berachain Ecosystem

SJ – MetaCRM
So Alex and Alvin. Alvin, I believe you are in a rush now. So do you want to give a last word to share some perspective about Bera from the media and community side? Alvin, do you mind if you go first?

Alvin – Crypto Research
Hi everyone, I’m Alvin. I’m the co contributor to the overall Bera community and also one of the Bera ambassadors and the founder of crypto research.

Talking about the community side, I believe our approach remains the same both before and after the blockchain mainnet launch. Since DeFi is one of our main focuses from a media perspective, DeFi has been a recurring narrative across our social channels.

This is also why we are committed to building Blockchain’s Chinese community. We now have our own Twitter account and Telegram channel, and it has been a great journey growing alongside Berachain, both with community members and the official team.

It’s exciting to see a DeFi flywheel forming in the coming weeks. I believe the most challenging period after the mainnet launch has passed, and now we can shift our focus to upcoming project launches and any potential incentives or rewards for the community.

How Does Berachain Community Participate in Bera Ecosystem Projects

SJ – MetaCRM
Let’s get to the next question. From a DeFi or consumer app perspective, how does this blockchain differ from others? Also, how can we, as community partners, participate in upcoming developments in your project to maximize our rewards?

Raito, can you go first? Thank you.

Q3: How does this Blockchain differ from others? How can we, as community partners, participate in upcoming developments in projects to maximize our rewards?

Raito – Infrared Finance
The main innovation here is the concept of proof of liquidity, which aligns incentives across all major stakeholders. In traditional proof of stake, much of the value is driven back to infrastructure providers, primarily validator sets that secure the network. While validators are essential for network security and block production, Berachain’s proof of liquidity model distributes incentives more evenly. Instead of rewards going solely to infrastructure providers, they are distributed across users, liquidity providers, and builders.

Users who form BGT can delegate it to validators and receive a portion of block rewards. They earn BGT by providing liquidity to the ecosystem, ensuring that all beneficial actions contribute to its growth. On the other hand, protocols can bootstrap liquidity at a lower cost, reducing the burden of capital management for builders who may not have strong financial backgrounds. This allows them to focus on building innovative products.

At the same time, validators and infrastructure providers still receive value, but in a more balanced way. Since block rewards are distributed to liquidity providers and applications, the ecosystem offers attractive yield opportunities. For example, on BeraHub, five pools are currently eligible for BGT emissions: Stablecoin Pools (USDT-Honey & USDC-Honey) and Bera-paired Pools (Wrapped Bera-Honey, Wrapped Bera-ETH, and Wrapped Bera-BTC).

The yield profile varies, with DEX fees ranging from 10 to 23 basis points for stable pairs and up to 28 for Bera pairs. Additionally, BGT APR ranges from 29% for stablecoins to as high as 164% for Bera-paired pools. Since validators are currently defaulted to point their BGT emissions to these five pools, the yield remains highly attractive. With TVL still relatively low, there is a significant opportunity to accumulate BGT emissions.

Infrared builds on this by creating pass-through vault layers. After providing liquidity and receiving LP tokens, users can stake them in Infrared’s vaults, where APRs are currently 2x higher than those on DEXs. The reason is that users receive iBGT instead of BGT. iBGT trades at a premium due to its composability, allowing users to use it as a hard asset across various DeFi platforms like Beraborrow, Kodiak, IBX, and Curvance.

The liquidity and staking benefits of iBGT make it highly valuable. Users can farm and sell it for instant liquidity or stake it for long-term yield. Early demand has already shown strong interest, with iBGT initially trading at an 11x multiple of BGT. While it may not reach that high again, a sustained premium is expected, making yield opportunities attractive in the long run.

SJ – MetaCRM
All right, thank you Raito. Are there any recent BGT staking events for us to participate in?

Raito – Infrared Finance
Although PoL hasn’t been activated for the broader ecosystem, BGT yield currently comes from two sources. The first is fees from native dApps, such as those accumulated on BEX. The second, which will likely account for the majority of BGT yield either natively or through iBGT, will come when PoL is activated. At that point, protocols and other stakeholders will incentivize validators to direct emissions back to them.

Right now, the second source of incentives for validators isn’t live yet, but it’s expected to launch in the coming days or weeks. However, fees from native dApps, specifically BEX, have already started being distributed. Users who check the iBGT single-sided staking vault on Infrared will see APR fluctuating between 700% and 800%. This is because fees generated at the dApp level are now being distributed.

Currently, the iBGT supply remains low since it follows the annual inflation rate of BGT. At launch, it started at zero, and now there are approximately 86,000 iBGT in total, with only 68% of it staked for rewards. This creates two key factors:

Since not all iBGT is staked, those currently staking earn boosted rewards, similar to Athena’s model. Each unit of staked iBGT can earn more than one or two BGT, increasing the yield profile. And the rewards from dApp fees are distributed in the form of Honey, a stable unit rather than a random token.

APR remains highly attractive, making this a strong staking opportunity. Those looking to stake should check yield profiles on BEX, stake with Infrared to mint iBGT, and then stake iBGT to earn additional rewards.

SJ – MetaCRM
Thank you Raito. The APR is really crazy, I just saw it. So next, Waj, do you want to share with us? What are you guys doing with incentives and what’s coming next for IVX?

Waj – IVX
In terms of what’s next, now that we have a futures market, the focus is on launching the zero-day options market. We’ll also be making front-end optimizations to improve the trading experience, though that will take some time. After that, the goal is to build products on top of these markets while expanding the scope of derivatives.

We have about 20 different ideas for sub-products this year. While building all of them in one year depends on manpower, there are many possibilities. That’s the beauty of derivatives—there are countless unique instruments to develop. We’ve already introduced perpetuals and options, but Berachain’s unique economics make it well-suited for more exotic instruments, which we plan to roll out over the year.

Regarding incentives, one advantage of our intent-based futures model is that it doesn’t require liquidity incentives. PoL doesn’t have to be limited to liquidity; it can be used for various actions. We can leverage PoL and Bera from the RFP to incentivize trading directly. This opens up opportunities for game theory and creative incentive structures.

For now, the priority is launching zero-day options and designing strong incentives. Since we have a solid allocation from the RFP, we can use incentives strategically—possibly subsidizing or even making trading free at times, with additional rewards. The exact structure of these incentives is still being determined, but that’s the plan moving forward.

SJ – MetaCRM
Appreciate it, Waj. Kobble, your turn. Thank you.

Kobble – Beraborrow
We’re in a fortunate position, thanks to Boyco. Looking back, I remember writing the RFA proposal late last year, thinking it would be essential for bootstrapping liquidity. Our protocol requires deep stablecoin liquidity and a well-funded liquid stability pool, which takes time to build. Now, thanks to Boyco, both of these are essentially solved—our stability pool is well-funded, and stablecoin liquidity is in place.  

This means we can focus on the fun part: stacking incentives and giving users maximum flexibility. One example I’m excited about is using a Kodiak Island eligible for PoL emissions. Suppose we already have three pools on Boyco, like WBTC-ETH or iBERA-Bera LP on Kodiak. Users could use these as collateral in Bera Borrower to mint NECT. While in Bera Borrower, the collateral could then be deposited into Infrared, allowing users to continue earning IVGT and IRED without losing exposure to their initial yield. They could then either loop the process with NECT or deposit it into other protocols in the BeraChain ecosystem.  

For us, the most exciting part is designing strategies that align multiple incentives to create highly lucrative opportunities for users. Proof of Liquidity enhances all of this, supercharging rewards. One of our key advantages is allowing LP positions to be used as collateral, something we plan to push over the next few months. The goal is to retain Boyco liquidity for as long as possible and, ideally, grow it substantially.

SJ – MetaCRM
Thank you, Kobble. Let’s move to Michael from Curvance.

Michael – Curvance
With Curvance, we’re adding fuel to the fire on top of these strategies. You could take an LP, as Kabul mentioned, deposit it into BeraBorrower, borrow NECT, pair it with another stablecoin, and deposit it into another yield farm. This gives exposure to multiple APR sources simultaneously.

On top of that, our gauge system with Currents allows users to earn CVE tokens. Depending on the strategy and reapplication, it may even be possible to borrow against that position. This lets users maximize exposure to the ecosystem without tying up all their capital. So if a Steady Teddy mint is coming up and your funds are deployed, you can still participate.

SJ – MetaCRM
Thank you, Michael. Let’s move to Rodman. Do you want to share a little bit to sum up the night? What’s coming for Kodiak Finance and why do you guys choose Bera chain at first?

Rodman – BeraBorrow
I’ll answer the second part first.

BeraChain has been a special place, from interacting with other builders daily to the foundation’s overarching vision. It also has a unique meta degen culture, which our team strongly aligns with.

As for what’s next, we launched the Panda Factory on day one of BeraChain, and while it was relatively successful, we’d love to see its Flywheel effect and token creation increase. We’re focused on scaling it further, bringing in new users, and offering solutions for projects looking to launch—not just meme coins.

We’re seeing strong interest from more established projects looking to launch through Panda Factory. Our focus is ensuring our product suite can fully support these projects.

Beyond that, we’re working on scaling our other products and expanding our user base. Panda Factory and PandaBot launched on day one or two, and both saw solid initial usage. We’re committed to adding new features and refining them to be on par with other trading bots and terminals across different ecosystems like Solana.

For the main DEX, Boyco has been a huge help—we’re ranking high in TVL and overall performance. However, with Boyco ending in three months, we need to focus on retaining liquidity and expanding support for assets that weren’t live during Boyco’s run.

SJ – MetaCRM
Thank you Rodman. I personally believe the meme coins on BeraChain still have a lot of room to grow especially with these high activities in DeFi right now. Let’s move to Ririfish, please share your insights.

Ririfish – Eden
We chose BeraChain because BeraChain prioritizes community-first growth, and its energy is truly unique. Daily interactions within the ecosystem are engaging and unlike other DeFi platforms. Instead of targeting traditional DeFi users, we’re focusing on incentivizing healers as our primary user group.

As mentioned earlier, we’re releasing the second batch of Identory devices, followed by NFT Passes, which combine NFTs with devices. The Eden Pass will grant privileged access to our apps, including matching systems, healers, and AI companions, as well as token benefits.

Our mission is simple: to help healers earn money honestly.

SJ – MetaCRM
All right, thank you Ririfish. I believe more and more are coming to BeraChain with these vibrant communities and builders over here.

Q4: What’s Next for BeraChain Communities and BeraChain Meme Sector?

SJ – MetaCRM
So Alvin and Alex, do you have any more questions to discuss tonight from the community side?

Alvin – Crypto Research
Many projects share details about privacy, but from the community side, I’m particularly curious about the recent slowdown in project launches.  

One of our main focuses is evaluating incentives and identifying social campaigns or reward programs we can participate in through various channels.  

An exciting development is our collaboration with 0xUltra to launch the BFA Proposal Incentives Checker. This tool allows all Biochement community members to track how much funding projects receive from BeraChain ecosystem grants, improving transparency within the ecosystem.  

Moving forward, we need more information from projects on how BeraChain players can get involved. We’re eager to see more details shared and look forward to collaborating with many teams in the coming weeks. That’s my part.

SJ – MetaCRM
Thank you, Alvin. I agree it gets a little bit complicated sometimes because there’s too much activity going on. But I think it’s a good thing. So Alex, do you want to sum up the night for us like. Are you here, Alex?

Alex – BlockTempo
Yes I’m here and I have a question. We all know that BeraChain has an awesome community and a good community is good for market growth. We also know that Berachain is also good for DeFi projects to grow.

I want to ask what is the future of DeFi cross meme coins? And what do you guys think is it possible for BeraChain to grow more than Solana now?

SJ – MetaCRM
Hey Rodman, would you like to share some insights on the meme coin side? I believe you’re the only ones actively working on this.

Rodman – Kodiak Finance
The first key point is how meme coins can interact with proof of liquidity. One often overlooked aspect of proof of liquidity is that it’s not limited to just liquidity positions. There are interesting possibilities, such as rewarding top holders, setting up specific vaults for 1% holders of a token, and further incentivizing liquidity providers.

Beyond this, we’ll likely see innovative derivatives emerge, such as perps on IVX perpetuals underwritten by V3 liquidity with platforms like Marginal. Additionally, lending these positions, while possibly having a lower LTV, remains a viable option. This is just the beginning, and I’m eager to see how different teams leverage these opportunities.

On the other side, some meme coin teams have received RFB, and it will be interesting to see how they plan to incentivize the meme coin space on Bera.

Regarding DeFi more broadly, BeraChain currently offers some of the highest yields in crypto, which is still somewhat underappreciated. I’m excited to see it gain more attention, along with the various flywheels that have been in development and are now finally coming to life.

SJ – MetaCRM
Thank you, Rodman. I believe there are a lot of questions that we can be discussing about the opportunities and things that are going to happen on BeraChain, but let’s cut it short for tonight.

Thank you for all the projects and communities who joined tonight. Please be sure to follow these projects for the upcoming events and let’s call it a night. Thank you guys for joining. Bye bye.