Berachain的分散贷款协议Beraborrow正式推出流动性证明（POL）

3月25日，Berachain正式推出了流动性证明（POL），其硬币价格也从5美元左右上升到目前的8.6美元

Author: 1912212.eth, Foresight News

作者：1912212.ETH，预见新闻

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是基于Berachain公共连锁店的分散贷款协议，自2025年初以来，其独特的无利息贷款模型和创新的流动性（POL）机制以来，已成为Berachain最受关注的Defi项目之一。

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链上的Defi Lending协议，该协议旨在为用户提供高效且灵活的资产流动性解决方案。 Berachain本身以其独特的POL共识机制而闻名，该机制通过奖励提供流动性的用户而不是传统的工作证明（POW）或Stake（POS）来建立一个具有生态繁荣的区块链网络。

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通过以流动性（POL）机制支持的稳定性花蜜（Nect）来解锁Berachain资产的即时流动性。 Beraborrow以简单性和灵活性为核心，旨在最大程度地利用用户机会而无需牺牲收益。

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.

该协议允许用户将抵押品资产存放到巢穴中，从而造成过度物质化的Stablecoin Nect。 Nect可以在Berachain Defi生态系统中使用，在仍保持对原始资产的影响的同时，可以解锁更多机会。最初，Beraborrow主要建立在IBGT围绕IBGT围绕，但现在已经演变成一个多盈利资产平台，该平台支持Berachain Native Sigkens，Liquid Prepedded衍生物（LSD）和LP位置，作为薄荷附近的抵押品。

The key highlights are as follows

关键的亮点如下

Instant liquidity

即时流动性

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.

无需出售Berachain资产来解锁流动性。用户可以将抵押品存入巢穴中，以使Mint Beraborrow过度化的Stablecoin Nect固定，同时仍持有原始资产。借用后，可以无缝地使用蜜饯来参与各种Fefi协议。

Automatic Leverage

自动杠杆

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为用户提供了无缝的链杠杆。只需调整滑块以增加接触或最大化回报，系统就可以通过递归贷款自动管理合成杠杆的复杂性。

Earn profit through liquidation

通过清算赚取利润

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.

参与液体稳定池，以充分利用nect资产的潜力。赌注纽约以获得清算奖励并从其他用户的运营中赚取费用。

Automatic Compounding Dens

自动复合窝

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现在支持自动复合，用户的收入将自动重新投资到IBGT中，随着时间的推移，抵押贷款利率提高了抵押贷款利率，以形成自我增强的收入机制并最大程度地提高存款资产的收入。

Tokenised Dens

象征化的巢穴

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通过巢穴令牌化了新的治理和激励机制。这些令牌资产可以存放到红外保险库中，并且保险库产生的收入将自动重新投资，从而为用户提供连续的奖励并不断优化其抵押头寸。

LP positions as collateral

LP位置作为抵押

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允许用户将BEX和BERPS LP职位作为抵押品，并且在贷款资金时仍可以赚取流动性收入。这种双重收入模型使流动性提供者可以平衡流动性和收入，从而创造更多价值。

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的液体稳定池为用户提供了套利机会。用户可以在清算资产池和分散交易所之间使用SNECT进行套利，从而最大程度地提高回报，同时增强协议的财务稳定性。

Token Economics

令牌经济学

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的私人销售筹集了170,000美元，今天它将正式与Fjord Foundry进行公开销售。 Beraborrow的治理令牌Pollen共有4.2亿个令牌。花粉持有人可以参与协议的关键决策，例如调整附带类型和协议参数。当前，用户可以通过使用nect参与生态活动（例如在Kodiak Finance或Holding Nect提供流动性）来累积花粉点，并且将来将换成花粉令牌。

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

根据官方数据，自推出以来，Beraborrow的TVL超过了3.9亿美元，厂商厂商的耕种超过1亿美元。

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.

它使协议能够从流动性证明中捕获价值，而无需为每个小nect（我们的stablecoin）单独创建新的奖励国库。

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应用程序方案鼓励更多的用户使用Beraborrow进行杠杆操作，从而增加了总体利率和费用。这些好处流向了Spollen的Berachain奖励国库，然后将其用于激励流动性并促进生态系统的进一步增长。这个周期重复自我，形成“飞轮效应”。

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.

总代币的37.4％分配给了社区，31.6％给种子和战略圆形投资者，团队和顾问的18％，财政部为5％，流动性池5％，2.5％向公众发行回合，为0.5％的社区回合。

It is worth mentioning that the

值得一提的是