Berachain’s Boyco Goes Live with Over $2.2B in Pre-Deposits to Kickstart dApp Liquidity
Boyco, a liquidity platform built on Berachain, launched on Tuesday, securing more than $2.2 billion in pre-deposits. The platform allows applications to create liquidity markets ahead of their mainnet launch, addressing the “cold start” problem often faced by new decentralized applications (dApps).
Developed in collaboration with Enso, Berachain, and LayerZero, Boyco ensures that new dApps have sufficient liquidity from day one, helping them attract users right from the start and gain a competitive edge in the crowded DeFi space.
Boyco is a specific implementation of the Royco protocol, which operates on Ethereum. It enables protocols to negotiate with liquidity providers (LPs) to secure liquidity. Boyco is tailored specifically for Berachain’s upcoming mainnet, allowing applications to set up pre-launch liquidity markets where users can deposit assets before the official launch.
Through Boyco, users can deposit assets into vaults that will be locked until Berachain’s mainnet goes live. In return, depositors may earn rewards in the form of tokens or points from Berachain or the participating dApps. The Boyco platform will feature over 100 Berachain markets, where users can make single or two-sided deposits, earning BERA tokens and additional app-level incentives.
“The Boyco platform will reward users with BERA and other incentives as they participate in over 100 liquidity markets,” the team said in a post on X.
Currently, the program operates on the Ethereum mainnet until February 3, after which liquidity will be bridged over to Berachain, along with the existing lockups. Over 2% of the total BERA token supply will be distributed to those participating in Boyco.
Berachain itself is an emerging blockchain that uses a proof-of-liquidity consensus mechanism, rewarding liquidity providers. It has built a passionate community, especially on X, and continues to generate excitement as its mainnet launch approaches, humorously pegged for “Q5″—a non-existent quarter beyond Q4—further fueling anticipation.
