Launch of Berachain's Boyco App with $2.2 Billion in Pre-Deposits

Overview

Berachain’s liquidity platform, Boyco, officially launched on Tuesday, accumulating over $2.2 billion in pre-deposits.

Boyco is a pre-launch liquidity platform developed in association with Enso, Berachain, and LayerZero and is designed to tackle the cold start issue for new decentralized applications (dApps).
Users can deposit assets into vaults that will remain locked until the official launch of the Berachain mainnet.
This platform allows applications to create liquidity markets in advance, ensuring they have adequate funding on day one, which may help them attract users rapidly in the competitive decentralized finance (DeFi) sector.

The Rising Protocol: This protocol lets the creation of liquidity markets, where protocols can negotiate with liquidity providers (LPs) for securing liquidity.
Incentives: Users making deposits could earn tokens or points from Berachain or participating applications.
“Boyco will feature over 100 markets, permitting users to make single or double-sided deposits,” stated the team in a recent post on X (formerly Twitter).