Berachain的分散貸款協議Beraborrow正式推出流動性證明（POL）

3月25日，Berachain正式推出了流動性證明（POL），其硬幣價格也從5美元左右上升到目前的8.6美元

Author: 1912212.eth, Foresight News

作者：1912212.ETH，預見新聞

Beraborrow, a decentralized lending protocol based on the BeraChain public chain, has become one of BeraChain's most watched DeFi projects since the beginning of 2025 with its unique interest-free loan model and innovative Proof of Liquidity (PoL) mechanism.

Beraborrow是基於Berachain公共連鎖店的分散貸款協議，自2025年初以來，其獨特的無利息貸款模型和創新的流動性（POL）機制以來，已成為Berachain最受關注的Defi項目之一。

Beraborrow is a DeFi lending protocol on the BeraChain chain, which aims to provide users with efficient and flexible asset liquidity solutions. BeraChain itself is known for its unique PoL consensus mechanism, which builds a blockchain network with ecological prosperity as its core by rewarding users who provide liquidity instead of traditional proof of work (PoW) or proof of stake (PoS).

Beraborrow是Berachain鏈上的Defi Lending協議，該協議旨在為用戶提供高效且靈活的資產流動性解決方案。 Berachain本身以其獨特的POL共識機製而聞名，該機制通過獎勵提供流動性的用戶而不是傳統的工作證明（POW）或Stake（POS）來建立一個具有生態繁榮的區塊鍊網絡。

Beraborrow unlocks instant liquidity for BeraChain assets through the stablecoin Nectar (NECT) backed by a Proof of Liquidity (PoL) mechanism. Designed with simplicity and flexibility at its core, Beraborrow aims to maximize opportunities for users without sacrificing yield.

Beraborrow通過以流動性（POL）機制支持的穩定性花蜜（Nect）來解鎖Berachain資產的即時流動性。 Beraborrow以簡單性和靈活性為核心，旨在最大程度地利用用戶機會而無需犧牲收益。

The protocol allows users to deposit collateral assets into Dens, thereby minting the over-collateralized stablecoin NECT. NECT can be used in the BeraChain DeFi ecosystem, unlocking more opportunities while still maintaining exposure to the original asset. Initially, Beraborrow was built mainly around iBGT, but has now evolved into a multi-collateral asset platform that supports BeraChain native tokens, liquid pledge derivatives (LSD), and LP positions as collateral to mint NECT.

該協議允許用戶將抵押品資產存放到巢穴中，從而造成過度物質化的Stablecoin Nect。 Nect可以在Berachain Defi生態系統中使用，在仍保持對原始資產的影響的同時，可以解鎖更多機會。最初，Beraborrow主要建立在IBGT圍繞IBGT圍繞，但現在已經演變成一個多盈利資產平台，該平台支持Berachain Native Sigkens，Liquid Prepedded衍生物（LSD）和LP位置，作為薄荷附近的抵押品。

The key highlights are as follows

關鍵的亮點如下

Instant liquidity

即時流動性

There is no need to sell BeraChain assets to unlock liquidity. Users can deposit collateral into Dens to mint Beraborrow's over-collateralized stablecoin NECT while still holding the original assets. After borrowing, NECT can be seamlessly used to participate in various DeFi protocols.

無需出售Berachain資產來解鎖流動性。用戶可以將抵押品存入巢穴中，以使Mint Beraborrow過度化的Stablecoin Nect固定，同時仍持有原始資產。借用後，可以無縫地使用蜜餞來參與各種Fefi協議。

Automatic Leverage

自動槓桿

With flash loans, Beraborrow provides users with seamless on-chain leverage. Simply adjust the slider to increase exposure or maximize returns, and the system automatically manages the complexity of synthetic leverage through recursive lending.

使用Flash Loans，Beraborrow為用戶提供了無縫的鏈槓桿。只需調整滑塊以增加接觸或最大化回報，系統就可以通過遞歸貸款自動管理合成槓桿的複雜性。

Earn profit through liquidation

通過清算賺取利潤

Participate in the Liquid Stability Pool to fully tap the potential of NECT assets. Stake NECT to receive liquidation rewards and earn fees from other users' operations on Beraborrow.

參與液體穩定池，以充分利用nect資產的潛力。賭注紐約以獲得清算獎勵並從其他用戶的運營中賺取費用。

Automatic Compounding Dens

自動複合窩

Dens now supports automatic compounding, and users' earnings will be automatically reinvested into iBGT, increasing the mortgage rate over time to form a self-enhancing earnings mechanism and maximize the earnings of deposited assets.

Dens現在支持自動複合，用戶的收入將自動重新投資到IBGT中，隨著時間的推移，抵押貸款利率提高了抵押貸款利率，以形成自我增強的收入機制並最大程度地提高存款資產的收入。

Tokenised Dens

象徵化的巢穴

Beraboweravellopes new governance and incentive mechanisms through Dens tokenization. These tokenized assets can be deposited into the Infrared vault, and the income generated by the vault will be automatically reinvested, providing users with continuous rewards and continuously optimizing their collateral positions.

Beraboweravellop通過巢穴令牌化了新的治理和激勵機制。這些令牌資產可以存放到紅外保險庫中，並且保險庫產生的收入將自動重新投資，從而為用戶提供連續的獎勵並不斷優化其抵押頭寸。

LP positions as collateral

LP位置作為抵押

Beraborrow allows users to use Bex and Berps LP positions as collateral, and can still earn liquidity income while lending funds. This dual income model allows liquidity providers to balance liquidity and income, creating more value.

Beraborrow允許用戶將BEX和BERPS LP職位作為抵押品，並且在貸款資金時仍可以賺取流動性收入。這種雙重收入模型使流動性提供者可以平衡流動性和收入，從而創造更多價值。

Arbitrage strategies

套利策略

Beraborrow's Liquid Stability Pool provides users with arbitrage opportunities. Users can use sNECT to arbitrage between liquidation asset pools and decentralized exchanges, maximizing returns while enhancing the protocol's financial stability.

Beraborrow的液體穩定池為用戶提供了套利機會。用戶可以在清算資產池和分散交易所之間使用SNECT進行套利，從而最大程度地提高回報，同時增強協議的財務穩定性。

Token Economics

令牌經濟學

On March 25, Beraborrow's private sale raised $170,000, and today it will officially launch a public sale with Fjord Foundry. Beraborrow's governance token, POLLEN, has a total of 420 million tokens. 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 using NECT to participate in ecological activities (such as providing liquidity in Kodiak Finance or holding NECT), and these points will be exchanged for POLLEN tokens in the future.

3月25日，Beraborrow的私人銷售籌集了170,000美元，今天它將正式與Fjord Foundry進行公開銷售。 Beraborrow的治理令牌Pollen共有4.2億個令牌。花粉持有人可以參與協議的關鍵決策，例如調整附帶類型和協議參數。當前，用戶可以通過使用nect參與生態活動（例如在Kodiak Finance或Holding Nect提供流動性）來累積花粉點，並且將來將換成花粉令牌。

According to official data, Beraborrow has exceeded $390 million in TVL and more than $100 million in NECT minting since its launch.

根據官方數據，自推出以來，Beraborrow的TVL超過了3.9億美元，廠商廠商的耕種超過1億美元。

It enables the protocol to capture value from Proof of Liquidity without having to create new reward treasuries for each NECT (our stablecoin) use case separately.

它使協議能夠從流動性證明中捕獲價值，而無需為每個小nect（我們的stablecoin）單獨創建新的獎勵國庫。

More NECT application scenarios encourage more users to use Beraborrow for leverage operations, thereby increasing overall interest rates and fees. These benefits flow to sPOLLEN's BeraChain reward treasury, which is then used to incentivize liquidity and promote further growth of the ecosystem. This cycle repeats itself, forming a “flywheel effect.”

更多的nect應用程序方案鼓勵更多的用戶使用Beraborrow進行槓桿操作，從而增加了總體利率和費用。這些好處流向了Spollen的Berachain獎勵國庫，然後將其用於激勵流動性並促進生態系統的進一步增長。這個週期重複自我，形成“飛輪效應”。

37.4% of the total tokens are allocated to the community, 31.6% to seed and strategic round investors, 18% to the team and consultants, 5% to the treasury, 5% to the liquidity pool, 2.5% to the public offering round, and 0.5% to the community round.

總代幣的37.4％分配給了社區，31.6％給種子和戰略圓形投資者，團隊和顧問的18％，財政部為5％，流動性池5％，2.5％向公眾發行回合，為0.5％的社區回合。

It is worth mentioning that the

值得一提的是