Liquidity Trifecta
The liquidity trifecta is a novel approach by Beradrome, Yeet and Kodiak to enable deep liquidity for Berachain projects.
Last updated
The liquidity trifecta is a novel approach by Beradrome, Yeet and Kodiak to enable deep liquidity for Berachain projects.
Last updated
The “Liquidity Trifecta” is a teamwork idea from Beradrome, Yeet, and Kodiak to make sure Berachain projects have plenty of tokens available for trading (deep liquidity). It’s a way for certain project pools (gauges) to earn lots of different rewards using these three platforms. How It Works: Example with BERA-YEET Kodiak LP Let’s say you put your BERA-YEET liquidity pool (LP) tokens from Kodiak into Beradrome. Here’s what you can earn For Liquidity Providers (LPs): ● oBERO: A reward token you can either turn into hiBERO (to vote for more rewards) or sell for profit. ● $KDK & xKDK: Tokens from Kodiak. ● Swap Fees: Extra money from trading activity. For Voters: ● $BERA: From the Beradrome validator. ● $HONEY: From Beradrome’s trading and borrowing fees, plus the validator. ● $YEET: Rewards (bribes) from the Yeet team and Beradrome team. Here’s the cool part: when more people offer bribes (extra rewards), voters are motivated to vote more. More votes mean more rewards go to the pool, which makes it more attractive for liquidity providers (LPs) to join in because they can earn higher returns (APRs).