A naukri.com initiative
Crypto-News-Flash
6h
327
Image Credit: Crypto-News-Flash
Berachain Adds RWA, Gachapon, and LST to Its Vault System
- Berachain introduces real-world assets, NFT lending, and liquid staking vaults with its latest RFRV batch to enhance user options and engagement.
- The new RFRV batch includes Kettle vault for tokenized luxury watch trading and Eden Gachapon vault with gamified mechanics.
- Berachain's RFRV batch also incorporates stablecoins and NFT lending through projects like BurrBear's pool and Paddle Finance's 'Steady Teddys.'
- The addition of liquid token staking (LST) by Smilee and Beraborrow further expands user opportunities.
- Berachain recently approved BRIP-0001 to enhance performance and flexibility for developers by decoupling EVM clients and supporting Proof-of-Liquidity mechanisms.
- Integration with Rango Exchange improves cross-chain liquidity for users.
- The Bectra module offers features like smart wallets, batch transactions, and gas sponsorship for enhanced user experience.
- Staking flexibility and efficient blob data management are highlighted as benefits for validators and developers.
- Berachain's expansion beyond native stablecoins and derivatives to include NFTs, LSTs, and real-world assets signifies a shift towards a more diverse incentive ecosystem.
- The BERA token is currently trading at around $1.91, showing a 1.89% decrease in 24 hours, resulting in a market cap below $230 million.
Read Full Article
19 Likes
For uninterrupted reading, download the app