Berachain Unveils Boyco Liquidity Platform with $1B Deposits, $DOLO Token Launch Planned

Berachain has announced Boyco, a pre-launch liquidity platform designed to help decentralized applications (dApps) secure liquidity before the Berachain mainnet launch.
Boyco enables users to deposit assets early into dedicated liquidity pools, supporting dApp launches while earning rewards. The platform has already amassed nearly $1 billion in deposits.
Selected projects for Boyco include Dolomite, KodiakFi, Moby_trade, and others, with asset issuers such as StakeStone and Dinero participating.
Dolomite, one of the selected projects, is preparing for the launch of its $DOLO token, with a token generation event planned soon after Berachain's launch. Dolomite aims to allow users to borrow against assets staked in Berachain's Proof of Liquidity (PoL) system, maximizing rewards.
Boyco leverages LayerZero's OFT standard for asset transfers, enhancing cross-chain functionality. The initiative is supported by operational partners including Royco, Enso, and Stargate, and is expected to bring significant benefits to the Berachain ecosystem.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
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