Announcing Boyco Rollover

When Berachain announced Boyco, the idea was simple: give dApps a way to secure deep, sticky liquidity before day one of mainnet so they could hit the ground sprinting instead of showing up without a clear plan to mercenary LPs. 

Projects stood up pre-deposit markets where users could post assets (ETH, wBTC, stablecoins, etc) in return for future reward token allocations and early upside/participation. Within a few weeks the results were obscene: over $2.5 billion in TVL flowed into more than 100 markets, with roughly 150,000 wallets participating.

Now the locks are coming off. Every early depositor is about to receive both BERA and LP receipts looking for a new home. 

Enter Boyco Rollover.

Opportunities post-rollover

Depending on the Boyco markets a user deposited in, there are numerous potential opportunities whether they’re holding ETH, BTC, or stablecoins, not to mention all of the BERA farmed throughout Boyco. Beyond the asset profile, it’s equally as important to weigh all your options as you prepare to rollover funds. 

For starters, it’s best to navigate to BeraHub, or an LST platform, and view the opportunities for yourself.

Do you want to deposit into reward vaults with larger BGT capture rates? Vaults with the highest APRs? Or maybe a combination of the two? Once this has been figured out, PoL is your oyster. But if you’re still stuck, the rest of this post will highlight some of the different strategies you can roll funds into, what asset types can be deposited into these vaults, and how they’re different from each other, whether it’s related to risk tolerance or the amount of BGT rewards emitted to these.

Let’s start with some reward vaults.

Some reward vault opportunities

The rollover UI will list forty-odd destinations, but if you don’t feel like combing through dashboards, here are four concrete vaults that hit four different risk-reward profiles - from rock-solid BTC collateral to full-send HONEY degen juice. Each paragraph tells you (a) where to source the LP tokens, (b) its current APR and BGT-capture share, and (c) what problem the vault actually solves for the Berachain economy.

solvBTC.BBN/solvBTC:

APR ~2.6% | BGT-capture ~1.0% | Platform - Kodiak

Think of SolvBTC as Berachain’s yield-bearing, voucher-wrapped Bitcoin; the BBN sleeve adds a baseline BTC staking dividend. By depositing SolvBTC.BBN and SolvBTC into the Kodiak liquidity pool you mint the receipt token that stakes here. Yield is purposely conservative: perfect for BTC maxis who just want to park hard money, clip a modest PoL dividend, and still wake up with 1 BTC on the other side.

wBERA/HONEY:

APR ~57% | BGT-capture ~18.9% | Platform - Kodiak

This pool pairs wrapped BERA with HONEY - Berachain’s native, over-collateralised stablecoin - so you’re effectively providing depth on the chain’s core unit of account rather than chasing a meme. LPs earn two revenue streams: (1) swap fees from one of the most transacted BERA / stable routes, and (2) a double-digit share of daily BGT emissions thanks to the pool’s outsized validator bribes. Impermanent-loss risk is asymmetric (BERA can move while HONEY hugs $1), making it attractive for users who want chunky PoL rewards without full memecoin volatility, though you’ll still track BERA price swings on half the position, so boost wisely.

byUSD/HONEY:

APR ~2.8% | BGT-capture ~3.2% | Platform - BeraHub

BYUSD is a dollar-pegged, yield-bearing stablecoin native to Berachain. Pairing it with HONEY on the Hub AMM gives risk-off capital a way to farm BGT without leaving stable territory, while still juicing pool volume for one of the network’s most traded tokens. APR is modest, but stablecoin LPs often care more about low drift and dependable rewards than headline numbers.

wETH/beraETH:

APR ~46.9% | BGT-capture ~3.6% | Platform - Kodiak

If you’re sitting on bridged ETH and want to keep Layer-1 exposure, the WETH-WBERA pair is a clean hedge: ETH on one side, Berachain’s base asset on the other. Provide liquidity on Kodiak, stake the LP receipt, and earn nearly fifty percent blended APR, driven by swap fees from two highly correlated majors plus a steady BGT drip. A solid middle-ground for users who prefer blue-chip assets but don’t mind a little price action.

Strategies for BTC/ETH/Stablecoins

If the BGT-farm meta feels a bit too farm-and-dump for your taste, Berachain’s money-markets and credit layers let you earn passive yield with one-sided deposits and in several cases still see a slice of validator emissions. Below are some live ideas, grouped by underlying assets. 

Everything here is non-reward-vault flow (no LP receipts to stake on Hub), yet a few are flagged that do offer up some BGT so you can judge whether the added complexity is worth it in these cases.

BeraBorrow - SolvBTC / uniBTC / STONEBTC / PUMPBTC:

Supply any of the four BTC synthetics into BeraBorrow’s money-market and pocket a floating  ~8-18% supply APR while retaining hard-BTC exposure. No BGT flows here, just pure interest income plus the option to loop borrow-against-your-collateral if you want extra leverage.

Kodiak - isolated wBTC lending pool:

Kodiak’s AMM exposes an under-the-radar single-sided wBTC lending toggle (look for the wBTC silo, not the LP). Current deposit rates hover ~10-25%, occasionally spiking higher when traders lever into BTC. You can redirect the interest-bearing wBTC wrapper into reward vaults later, but out of the box this is a clean, BGT-neutral yield.

Concrete - cIBTC & friends (BGT-eligible):

Concrete tokenises debt positions; mint cIBERABTC, cIBTC, or cIBeraUNI and you’ll earn a base ~12-22% while the protocol forwards a small BGT kickback to stakers as part of its validator-bribe program. A nice midpoint between hands-off lending and full PoL farming.

Dolomite - BeraETH & weETH supply:

Dolomite’s margin engine pays a 5-20% variable APR on plain ETH LSTs. Deposit BeraETH or bridged weETH, harvest interest in-place, or loop ETH ->BeraETH for delta-neutral strategies the Dolomite UI explains. No BGT, but the borrow demand is constant, so rates stay juicy.

BeraBorrow - rsETH / BeraETH / WETH:

For users who’d rather not interact with leverage, the simple supply tab on BeraBorrow yields ~6-15% on the same ETH flavours. Collateral remains liquid (you can borrow stablecoins against it later) and again there’s no BGT overhead.

Yearn - dHONEY vault:

Yearn wraps dHONEY (a delta-neutral, funding-rate-capturing pseudo-stable) and auto-compounds perp funding plus market-making rebates. Net results hover ~12-25% APY with zero BGT dependency. A good set-and-forget play for users who trust Yearn’s strategy audits and mission.

Dolomite - sUSDe supply:

The sUSDe synthetic stable earns ~8-15% on Dolomite, fed by Maker’s DSR plus internal borrow demand. It’s the highest no-strings stable rate on Berachain today, but note there’s no BGT incentive attached.

Euler - HONEY lending (BGT-eligible):

Euler’s isolated pools let you lend raw HONEY at 20-40%, and the team sweetens the pot by bribing validators - resulting in an extra ~2-4% of BGT yield that auto-accrues to suppliers. 

Kodiak - USDa-sUSDa & rUSD-HONEY LP tokens (BGT-eligible):

Finally, if you do want some LP action without full volatility, the two stable-coin-plus-HONEY pairs on Kodiak return ~15-30% in swap fees and qualify for validator incentives. Stake the LP token right on BeraHub and enjoy a steady BGT trickle alongside pool revenue.

What to do with BERA

Boyco farming leaves every early depositor with a pile of raw BERA sitting in their wallet the minute they click Claim All. If none of the full-blown reward-vault or single-sided strategies speak to you, Berachain still offers three ultra-simple pathways to keep that base asset productive. Think of them as the chain’s somewhat default settings for anyone who’d rather avoid juggling LP receipts, validator boosts, or looping dashboards and stick to managing just BERA.

STAKE IN A VAULT:

For users who just want set-and-forget yield without impermanent-loss roulette, Berahub surfaces BERA-denominated vaults such as gBERA-iBERA or wBERA-iBERA. Because both sides of the pair track the same underlying token, price divergence is negligible; all upside comes from swap fees and a chunky validator-bribe stream that currently pushes up to ~150-165% APR. Ideal for holders who want to stay 100% long BERA while farming one of the highest risk-adjusted yields on the network.

LENDING YOUR BERA:

If you’d rather not touch LPs at all, you can simply lend BERA on Dolomite or Euler. Supply rates ping-pong between 20% and 100% APR depending on borrow demand - usually highest when speculators lever into new token launches. No BGT, no validator mechanics - just pure interest income with the option to borrow stablecoins against your deposit if you decide to get fancy later. Great for passive earners who still want their principal liquid and rehypothecable.

BERA LSTs:

Risk-off profiles can wrap BERA into a liquid-staking token (iBERA or gBERA) and pick up a steady 5-8% base yield while keeping the asset liquid for future DeFi plays. Because the LST continually auto-compounds validator rewards on your behalf, you avoid manual claiming and can still zap the token into any reward-vault or money-market down the line. 

How the Rollover actually works

Boyco Rollover is basically a guided exit ramp that turns those dusty pre-deposit positions into productive Proof-of-Liquidity (PoL) collateral in three taps:

• Claim & surface the options: The moment vaults unlock, Boyco shows a Claim All panel summarizing every position, the BERA due to you, and one-click buttons to roll or withdraw. No multisig-wait, no copy-pasting contract addresses, just straight to the point so you can make it to mainnet.

• Smart suggestions first: After claiming, a lightweight recommender highlights a handful of whitelisted reward vaults (think wBERA-iBERA LP, Dolomite lending loops, infra-native LST strategies) ranked by real-time APR, BGT capture rate and dollars per BGT. You can accept one of these presets or smash the Explore All tab to see the full list of vault options.
• One-click swap & deposit: If the target vault needs a different asset, the flow auto-routes the trade - like swap raw BERA into gBERA, zap into the LP, then deposit, all behind a single confirmation. The UI transmits the receipt token and immediately prompts you to stake it into Proof of Liquidityon BeraHub so BGT starts streaming. All you have to do is validate slippage on the route.

• Stake receipts, farm, repeat: Once staked, you’re farming BGT (and whatever external incentives the vault is bribing). Claimed BGT can be burned back to BERA, compounded, or boosted toward a validator that’s directing emissions to your vault.

Once that freshly-minted BERA lands in your wallet, the rollover modal surfaces three express lanes for putting it back to work: (a) drop it into a BERA-denominated LST pair such as gBERA-iBERA or wBERA-iBERA to chase up to ~150% APR with zero impermanent-loss risk; (b) route it to money-markets like Dolomite or Euler, where supply APRs on straight BERA lending can spike toward 100% when demand is hot; or (c) recycle it into an interest-bearing LST (5-8% baseline yield) that stays liquid and can be zapped into any other reward vault later. 

In other words, even your harvested block rewards don’t have to idle for a single block - they can compound right back into the PoL flywheel immediately.

The entire chain of actions lives in one modal; no manual bridging, no juggling half a dozen front-ends. Power users can still min-max gas or route through Pendle/PT if they want, but newcomers finally get a custodial-level UX without sacrificing keys.

Why rolling matters

Rollover isn’t just a small convenience upgrade - it’s the moment Boyco LPs graduate into full PoL participants:

• Instant BGT earning power - Your pre-launch deposit morphs into an on-chain receipt token that soaks up validator emissions day-one, rather than idling in your wallet waiting for airdrop season.
• Validator influence - Staked receipts translate to BGT votes, letting you boost validators that, in turn, redirect even more emissions back to the vaults you care about: self-reinforcing yield.
• Composability - Because the receipts are standard ERC-20s, they plug straight into Origami auto-compounders, Pendle YT/PT markets, Dolomite leverage loops, and the growing slate of Berachain money-legos.

In short: roll over once, and you’re no longer a passive pre-depositor, but an active PoL participant with governance weight, recursive yield routes, and a front-row seat to every new BGT meta.

The End

The rollover represents a major transition from passive pre-deposit positions to active participation in Berachain and PoL. Through a single and straightforward interface, users can redeploy capital into reward vaults, single-sided lending markets, or straightforward BERA-denominated staking options, depending on risk profile and reward appetite. 

Berachain’s composable receipt tokens allow participants to adjust their allocations as market conditions and incentive structures evolve, and by getting active with PoL now, users can learn to adapt to changing market conditions and learn the ropes. 

By monitoring BGT capture rates, validator commission schedules, and prevailing APRs, users can systematically reallocate capital to maintain an optimal risk-adjusted profile. As we approach the rollover date, it would be helpful to monitor the foundation’s X profile here as well as BeraHub. Thanks for reading, beras.