In order to help the cold start of the ecological Dapp,

berachain will launch the Boyco pre-deposit activity before the mainnet.

🔸Unlike other pre-deposit activities, Boyco clarifies the "specific cost to be paid" and "definite returns that can be obtained" by users, and allows the application to obtain initial liquidity when it is launched on the mainnet.

Let's talk about it.

Just as it is easier for the rich to make money, for Dapp, initial liquidity is the first pot of gold. If Dapp does not have initial liquidity, it will not be able to attract the initial user base and create a sustainable flywheel.

Because there are too many uncertainties.

▹ The reward is only the so-called points, but can the points be exchanged for tokens? Will it be reversed?

▹ The ratio and quantity of points for tokens are all up to the project party. How many tokens can I get after saving for a long time?

▹ Early participation can get additional loyalty rewards, but how to quantify loyalty?

▹ The lock-up does not specify the specific time. How many weeks or months will it take? Obviously I want to exit the liquidity, but due to the silent cost and reward reduction mechanism, I can only wait patiently.

The protocol hopes to obtain long-term liquidity at a reasonable cost; while users hope to clearly understand the specific cost (amount/time) and specific rewards (tokens) they need to pay

Therefore, Berachain will launch the Boyco pre-deposit market before the mainnet: let applications obtain certain long-term liquidity; let users understand certain costs and specific rewards

In this pre-deposit market, both applications and users can publish intentions.

For example, a user can publish an intention on the market: I will provide $10w worth of liquidity on the first day of the mainnet launch, locked for three months, in order to request 2,500 $XYZ tokens.

Dapps can accept this intention in the market, thereby ensuring that they have initial liquidity on the first day of launch.

Conversely, Dapps can also set their own intentions: My protocol requires $10w liquidity and locks for three months, for which I am willing to take out 2,500 $XYZ tokens as a reward.

The liquidity of users who accept this transaction will be locked. Once the mainnet is launched, the liquidity will directly enter the smart contract of Dapp.

🔸For applications:

1/Ensure initial liquidity when the mainnet is launched.

2/Liquidity directly enters the Dapp smart contract.

🔸For users:

1/Clear rewards, know how much xxx token rewards you will get.

2/Clear costs, know the specific amount and time you need to lock liquidity