I strongly believe Boyco unlock is superior bullish for Berachain and Bera dApps!
GONNA OPEN A 6.9X BERA LONG POSITION HERE!
Time to be in the trenches, against huge SHORT margin on BERA atm.
What will happen when Boyco unlocks tomorrow?
1๏ธโฃ Nearly $2.7B TVL needs to find the next place to settle in, and the best place is simply Berachain. Why?
- Efficient and meaningful yield opps via PoL, with upgrades being added daily based on community and eco feedback
- Tons of quality dApps with meaningful on-chain activities that create long-term economic value
Big LPs also show serious initiatives to transform TVL from Boyco-mode to PoL-mode ๐
- SolvBTC.BERA Transitions to PoL Strategy:
x.com/SolvProtocol/status/19โฆ
- Lombard mentioned that LBTC holders can instantly join the hottest Lombard DeFi vaults exclusively on
@berachain, offering 6% APY incentives:
x.com/Lombard_Finance/statusโฆ
PoL reward vaults for BTC and ETH derivatives are also set up before, and earning BGT emission atm.
Everything is ready to absorb those massive unlock TVL to Bera dApps and PoL ๐
2๏ธโฃ 2% (10M BERA) incentives will be distributed to Boyco depositors
- Let's do some simple math if all Boyco incentives are sold, 10M BERA equals $29M in sell volume at current price, which takes account for 8.39% of current mcap. But will depositors sell BERA?
Likely no, because they have everything well set up above to supercharge their BERA with PoL and Berachain mullet.
- However, I still expect a 15%-20% incentive will be sold, normal stuff, so there's no major concern at all. AND this will likely be the last dip, before we UP only in the next 6-9 months, as no more new tokens added to the supply and the chain starts flourishing.
Berachain.
Lots of gravedancing on the TL today, fair game.
I see a die-hard group of strong builders, the only real chain/protocol over the last few months with an active and engaged community, real float, a rich culture, years of bear market building and novel applications (some live, some on the way). And a core team which is fully locked in and shipping at full speed (๐
ฑ๏ธectra goes live on testnet in days)
After Boyco, no new tokens are hitting the market for 9 months. 80% of BGT inflations remain unredeemed, weโve got PoL upgrades on the horizon, and more revenue generating teams with bribes coming online by the week.
Iโll be spending my time on stuff that can really move the needle:
1) Optimizing PoL. Mechanics and more importantly, messaging.
2) Evangelizing Berachain, and helping Institutional investors growth stage capital understand the long term vision.
3) Working with strong dApps and founders to build on Bera
And ofc, engaging with the ecosystem and community the whole time. Heads down, eye on the prize.
Berachain.