"Berachain's Boyco Liquidity Platform Launches with $2.2B in Pre-deposits"

Berachain App Boyco, a pre-launch liquidity platform, has gone live with over $2.2 billion in pre-deposits. The platform, built in collaboration with Enso, Berachain, and LayerZero, aims to address the cold start problem for new decentralized applications (dApps) by ensuring they have sufficient liquidity from day one.

Boyco is a specific implementation of the Royco protocol on Berachain, tailored for the mainnet launch. It enables the creation of pre-launch liquidity markets where users can deposit assets before the mainnet goes live. These deposits are locked until Berachain's mainnet launch and may be rewarded with tokens or points from Berachain or participating dApps.

During the Boyco program, users can deposit assets into vaults through over 100 markets, either as a single-sided or two-sided deposit. Depositors will be rewarded with various amounts of BERA, Berachain's upcoming token, and app-level incentives. The program will run on the Ethereum mainnet until February 3, after which the liquidity will be bridged over to Berachain alongside existing lockups.

Berachain is an upcoming blockchain that uses a proof-of-liquidity consensus mechanism to reward liquidity provision. It has gained a cult following on social media platforms and enjoys an engaged community. The blockchain is humorously set to launch in "Q5," a non-existent quarter beyond Q4, adding to the anticipation for participating in Berachain-related platforms ahead of its mainnet launch.