Bera is on bikes, on balls, in vaults… but you wouldn’t believe it. | by Carlyke | November 2022

Would you like to trade tokens like you trade shirts? Then Beradrome is the DeFi trading hub for you.

Although the concept of automated market making was originally conceived by Ethereum’s founder in 2017, it wasn’t until the fourth quarter of 2018 that we saw the folks at UniSwap finally bring this idea to life.

And it wasn’t long before the burgeoning DeFi space shaped the fashion big leap forward following the development of spot trading markets.

Nonetheless, in addition to starting an untapped market for these DeFi hubs; by opening up spot markets to almost anyone, anytime, from anywhere in the world; The idea of ​​AMMs represents a new paradigm in the history of the derivatives market.

But then, the issue of maintaining a liquidity pool with a high Annual Percentage Rate – APR – requires a large amount of the platform’s reserve for withdrawals per year.

For example, a $1 million liquidity pool at 50% APR requires $500,000 in incentives per year.

Still, let’s assume I told you that there is a DeFi protocol that could help these other marketplaces build deeper liquidity for less, like the one seen with Optimism through Velodrome.

What if I told you that trading NFTs could become more rewarding than simply swapping them out to use as PFPs and the like?

Where we have Beradrome merging with NFTfi hubs like Gumball Protocol with some crazy voodoo 3.3 deals; which includes a system where users can take the Gumball native token — $GBT – and then stake it on Beradrome to earn bribes and fees generated by voters from different collections on Gumball.

Bera is on bikes, on balls, in vaults… but you wouldn’t believe it.

Enter Beradrome: The all-inclusive early-stage DeFi protocol liquidity trading hub on Beracain.

Just as traditional AMMs incentivize users to engage in the business of providing liquidity in exchange for a share of transaction fee revenue from each trade specific to the deployed asset – on the platform.

Similarly, Beradrome is bringing to the burgeoning DeFi ecosystem what Velodrome brought to optimism, only this time it’s happening right on top of Beracain.

At the core of Beradrome we have a platform that fuses a hybrid AMM together; such that the platform’s protocol uses a variable AMM – vAMM – for uncorrelated liquidity pairs and a stable AMM – sAMM – for highly correlated liquidity pairs.

And that’s not even the fun part, because Beradrome not only offers these services to traditional DeFi protocols, but also brings this innovative AMM mechanism to the next generation of decentralized protocols – also known as NFTfi.

Recognizing that liquidity incentives are a huge cost for DeFi protocols that aim to offer their users seamless low-slip digital asset trading, Beradrome is positioning itself as the all-inclusive early protocol DeFi trading hub on Berachain.

Simply put, Beradrome users can buy $BERO and lock into $hiBERO to vote on log emissions and participate in trading fees and bribes.

Let’s take an example; Your Favorite NFT Trading Center — say OpenSea – seeks to raise additional liquidity for its native token, through Beradrome’s hybrid AMM model, the platform could set up a metering system – which one could imagine as an LP pool – The more votes the gauge gets, the more $BERO emissions will be allocated to the gauge.

Therefore, the opportunity for yield farmers to support this pool with their liquidity is all the greater.

More interesting is the fact that said platform can choose to incentivize voters with their own native token to get votes at their level, thus increasing liquidity on these platforms.

Simply peasy Japanese!

In the manner of true decentralization, the Beradrome farms operate on a “gauge model”. That offers$hiberusHolders the ability to decide where the weekly agricultural emissions are delegated from the beginning to the end of each epoch.

— Beradome

Beradrome Token Supply and Distribution System

The bribery mechanism of Beradrome

Now to how this platform benefits retailers like you and me.

Because Breadrome reduces the cost of liquidity inducements for these protocols by incentivizing fees instead of providing liquidity through its state-of-the-art and adaptable ve(3,3) system.

The platform creates an optimized ecosystem where crypto traders can freely enter and exit a position without fear of extremely high slippages.

Beradrome’s unique master router offers traders the lowest possible slippage, just as the platform protects liquidity providers from asset volatility.

It gets even more interesting…

In order to attract $BERO to their token pairs, Beradrome requires these third-party logs to collect $hiBERO to vote with and offer bribes to voters.

Instead of asking these protocols to stream their tokens to liquidity providers – LPs – which could lead to farm-and-dump behavior, the Beradrome protocol issues its $BERO to these LPs. Where holders of the platform’s governance token – the $hiBERO token – will be given the opportunity to vote on which LP will receive which $BERO emissions.

You can think of Beradrome as the platform that allows you to take a position on crypto assets; say a blue chip NFT; without causing a decent amount of slippage.

At the end of the protocol, these marketplaces can accumulate $hiBERO to vote with, while also offering voters “bribe” rewards.

Through a voting and bribery mechanism that multiplies these protocols’ investments by offering huge $BERO incentives to pools, Beradrome significantly reduces the cost of maintaining liquidity pools on these platforms.

This will increase liquidity and reduce slippage, along with improved bribery mechanics!

It’s the best of both worlds, I’m telling you…it never gets better than this!

You’ve heard of beras and you’ve heard of bikes… but have you heard of beras ON Bikes?… [Yikes!]

— Beraland.

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