Boyco, Berachain’s New Liquidity Platform, Goes Live with $2.2B in Pre-Deposits

Boyco, the new pre-launch liquidity platform built on Berachain, went live on Tuesday with an impressive $2.2 billion in pre-deposits. The platform is designed to address the common challenge faced by decentralized applications (dApps)—the lack of liquidity at launch—by enabling them to set up liquidity markets before their mainnet goes live.

Developed in partnership with Berachain, Enso, and LayerZero, Boyco aims to solve the cold start problem for dApps by providing immediate liquidity. This ensures that applications have enough liquidity from day one, enabling them to attract users and stand out in the competitive DeFi market.

Boyco is an implementation of the Royco protocol on Ethereum, which allows protocols to negotiate liquidity deals with liquidity providers (LPs). Boyco adapts this model for Berachain’s upcoming mainnet launch, enabling dApps to establish liquidity markets in advance.

Users can deposit assets into vaults on Boyco, with their funds locked until Berachain’s mainnet launches. In return, participants can earn rewards such as BERA tokens or points from Berachain or the dApps involved. Boyco will feature over 100 liquidity markets where users can choose between single-sided or two-sided deposits, with varying rewards.

“The Boyco platform will allow depositors to earn BERA tokens and additional app-level incentives,” the team shared in a post on X.

Currently, Boyco operates on Ethereum’s mainnet until February 3, after which the liquidity will be bridged over to Berachain along with existing lockups. Boyco participation will reward users with over 2% of the total BERA token supply.

Berachain, an emerging blockchain known for its proof-of-liquidity consensus mechanism, has garnered a strong community, particularly on X. The blockchain is generating significant buzz ahead of its anticipated “Q5” launch—beyond the usual Q4—adding to the excitement for its upcoming mainnet debut.