BEND – Native Lending of @berachain BEND is a lending protocol built directly on Berachain, based on the platform of @MorphoLabs – one of the most efficient and secure lending models currently on Ethereum. In simple terms: - You can lend assets to earn yields and rewards in $BGT (for example: $HONEY) - You can also borrow assets by collateralizing wETH, wBTC, wBERA, or stablecoins,… - And if you want to optimize, you can loop (borrow – deposit back – borrow again) to increase profits. Everything is designed directly within the Berachain ecosystem, without needing to leave the network. How BEND works - BEND operates under a separate market mechanism, meaning: - Each market (vault) has its own risk parameters, avoiding mutual influence. - Conditions are fixed from the start, making it easy for users to predict. - Users always retain control of their assets in their wallets. Safety and transparency: - HONEY is fully collateralized on-chain with blue-chip stablecoins like USDC, PYUSD, and USDT. - The vaults are managed and monitored by @Re7Labs — a vetted partner. - The contracts based on Morpho have been audited and proven over time. - Platform and performance fees are public, transparently shared between Berachain Foundation and the curators. The importance of BEND: Before BEND, Berachain stood out thanks to Proof of Liquidity, making liquidity productive. Now, with BEND: - Liquidity has direction. Capital can circulate, time is valued, and double yields are created. - Users have additional ways to earn profits from $HONEY without worrying about impermanent loss. - Builders can create credit strategies, stablecoins, and manage treasury on-chain. In other words, Proof of Liquidity makes capital efficient, while BEND helps that capital flow with purpose. BEND is not just a DeFi product – it is the credit foundation of the entire Berachain ecosystem. From here, all lending, borrowing, staking, and looping activities can take place right within Berachain, creating a self-reinforcing and sustainable on-chain system. With BEND, users not only earn profits but also become part of the real economic flow within Berachain.
Berachain's native lending market is here. BEND today, earn tomorrow.
Show original
3.32K
18
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.