Beradrome Docs
  • 🐻 🚴 Introduction to Beradrome
    • What is Beradrome?
    • What Beradrome Aims to Solve
    • User Guide
  • 🔁Tokenomics
    • Overview
    • Beradrome Validator
    • Fees
    • Liquidity Trifecta
    • APRs
    • Being an oBERO Holder
    • Being a hiBERO Holder
  • 🔀Bonding Curve
    • Beradrome Bonding Curve
    • Beradrome Bonding Curve Illustrated with Examples
    • Borrow with No Interest/No Liquidation Risk
    • The Mathematics Behind the Virtual Assets
  • 🌀Vaults
    • Vault Overview
    • Gauge Vaults & How They Are Useful
    • Decentralization
    • Beradrome BGT Vault
  • 🚧Token-Owned Liquidity (ToL)
    • oBERO is In the Money
    • hiBERO as an Omni-LP
  • Vortex
  • FAQ
  • Audits
  • Mainnet Contracts
  • bArtio contracts
  • 🖼️NFT
  • Press Kit
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  1. Tokenomics

Being a hiBERO Holder

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Last updated 2 months ago

The hiBERO token is the key to voting and decision-making in the Beradrome system. If you hold hiBERO, you get to decide how oBERO rewards are handed out and enjoy some great perks What You Can Do with hiBERO

  1. Earn Trading Fees: Get the swap fees from the pool (gauge) you vote for.

  2. Collect Bribes: Pick up extra rewards (bribes) if they’re offered.

  3. Help Run the Show: Vote on important decisions about how the system works.

  4. Earn BGT: Get BGT rewards from the Beradrome validator.

Why hiBERO is Awesome • Quick Unlock: Unlike other systems (like Solidly or Velodrome) where tokens are stuck for years, you can unlock your hiBERO in just one week. This makes it easier to use or sell if you want. • Safe Borrowing: You can borrow up to 1 HONEY per hiBERO you stake, with no risk of losing your tokens. This works because the bonding curve guarantees every BERO is worth at least 1 HONEY, so your loan is always backed up. How to Get hiBERO To become a hiBERO holder, you lock your BERO tokens into hiBERO. When you’re ready to unlock them, it only takes a one-week wait.

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