Enso, a leader in blockchain shortcuts, is supporting Boyco, a platform on Berachain that helps solve the liquidity problem for new blockchains. Boyco allows decentralized apps (dApps) and liquidity providers (LPs) to secure liquidity before launch, making it easier for Berachain to get up and running.
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Boyco, using the Royco Protocol, changes the way liquidity is secured for new blockchain networks. It gives dApps the ability to offer rewards directly to users for providing liquidity, cutting out middlemen and ensuring liquidity is available from the start. This method ensures that liquidity is productive and helps Berachain grow efficiently.
Already, Boyco has secured over $2.1 billion in liquidity, showing the platform’s success in attracting significant funds before launch.
Enso: Enabling Boyco’s DeFi Operations
Enso provides the technology behind Boyco’s DeFi actions. By using Enso’s blockchain shortcuts, Boyco can automate complex processes, making it easier for users to deposit liquidity. This streamlined process ensures liquidity is added quickly and without complications.
Boyco also partners with LayerZero and Stargate, two solutions that allow assets to move between different blockchains. This means users can transfer assets like USDC, USDT, DAI, wETH, and wBTC smoothly and securely to Berachain, bringing more liquidity to the platform.
How Boyco Works
Create Royco Markets: dApps create markets where they set terms and offer rewards for liquidity.
LPs Join: Liquidity providers review offers and lock funds for a set period.
Bridge Assets: Liquidity is moved to Berachain using LayerZero and Stargate.
Deploy Liquidity: Once the mainnet is live, liquidity is instantly available through Enso Shortcuts.
Enso ensures liquidity goes to the right place by connecting to the eleven dApps that will be launching on Berachain. This guarantees that each dApp gets the liquidity it needs from day one.
“Enso is a key part of Boyco’s DeFi processes, and this partnership shows our commitment to building the future of blockchain ecosystems. By automating key tasks, we’ve saved Boyco hundreds of hours of development time.”
Connor Howe, Co-founder of Enso
Boyco’s Approach to Blockchain Liquidity
Boyco is setting a new standard for blockchain liquidity by focusing on transparency, efficiency, and collaboration. Thanks to Enso Shortcuts, Boyco allows dApps to receive the liquidity they need and get started quickly, which helps the entire Berachain ecosystem grow.
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About Enso
Enso helps developers build applications faster by simplifying blockchain operations. Used by over 60 projects, Enso has facilitated over $13 billion in on-chain transactions, becoming a go-to tool for blockchain development.
About Berachain
Berachain is a blockchain that uses an EVM-compatible system and focuses on providing value to applications, ensuring long-term liquidity, and aligning its ecosystem through a unique Proof-of-Liquidity (PoL) consensus mechanism.
About Royco
Royco is a platform where users can earn rewards by performing actions on-chain. These actions can include earning tokens or points in exchange for locking liquidity. Users can also negotiate for better rewards, helping drive liquidity within the network.