Berachain Boyco unlocks the countdown to 20hrs$BERA 🐻 on May 6th 🐻 $BERA Imminent Death or Rebirth? As we all know, $BERA fell very badly this month (-40%) because of the anticipation of the upcoming selling pressure on Boyco's unlock 💡 Boyco assets will be unlocked tomorrow evening at 20:30 💡 2% of $BERA tokens (10M) will be unlocked at a time on this day 💡 Berachain's outflows have slowed last week The first type of person: what should I do if I don't want to play and want to withdraw? 1️⃣ Some protocols require a special redemption on the official website, such as @ConcreteXYZ @Stake_Stone, and it should be noted that withdrawals from these companies will enter the withdrawal queue for 24-72 hours - @origami_fi: There are two steps: Boyco page to withdraw your deposit LP token, go to the Origami page and withdraw USDC 2️⃣ If you are a player who is directly involved in Boyco, you can redeem it directly on Royco, the website is here: The official has also prepared documents so that more players can transfer funds with one click and continue to earn income ⚠️ If your funds are deposited into the pre-pre deposit vault, your rewards will not be displayed in the checker ⚠️ If you want to swap when exiting the asset, you will definitely encounter the risk of price difference, such as HONEY <> USDC or Layer0 cross-chain fees may suddenly soar, so you need to pay attention to cross-chain The second type of person: I want to continue to be a bear farmer 🐻 👨 🌾 What mines are there to play with the funds that are taken out? At present, there are many teams that have already provided transfer measures for the funds unlocked by Boyco, which means that they are ready to take on these funds so that everyone can continue farming Quite reasonable, because this is also an opportunity for each protocol to catch more TVL, just mention a few protocols as examples - @beraborrow: The Beraborrow Managed Leverage Vault will be launched tomorrow, and the funds of users who have already participated in Boyco will be automatically transferred to them without additional work. - @Lombard_Finance: Support participants to upgrade to the latest DeFi strategy library on Lombard with one click I also found @BerachainCN here, in fact, players who have mentioned this part of the game have mentioned a very complete strategy earlier Whether it's $BTC, $ETH, stablecoins or $BERA, there are all opportunities! In addition, there are detailed steps for asset withdrawal, which can be referred to The third type of person: I'm not sure if I want to continue playing Berachain, what information should I pay attention to? I fully agree with @jimcurrywang mentioned in my tweet today, $BGT is undoubtedly the most important asset in the ecosystem, and there is no buying on behalf of the big players and no confidence So when $BERA fell to the point that everyone lost confidence, the first thing I bought was BGT-related assets (iBGT, LBGT, etc.), and my own observation was that iBGT/BERA did not fall very much 👀 For further information, please refer to Credit to @0x_ultra Back to the point, that is, for everyone's confidence in the follow-up of Berachain, you can also refer to a few points of information 1️⃣ Outflow of funds, as mentioned earlier, because of the DeFi weekly report of Bityan, we will record the top 3 inflows and outflows every week, and have a grasp of the outflow and inflow of funds in each chain Berachain's outflows began to slow down last week, so I don't think Boyco's high probability of unlocking will be as bad as everyone thinks, of course, we still have to continue to observe the on-chain data 2️⃣ Has the official prepared in advance for Boyco's potential impact on the ecology, seeing the document they launched I honestly think it's quite sincere, but for these players whose earnings may not be as good as expected, are there any other benefits to look forward to? This is also something that needs to be watched continuously After all, Bera has been running DeFi for a while, and other types of protocols are only slowly going online, and it is still a pity to be stillborn now, and frankly I don't think that $BERA's FDV will fall to the same level as $MOVE, hoping for a short-term rebound to boost morale
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