In the future Layer-1 blockchain BERACHAIN, the liquidity platform Boyco before its release has been officially live. This platform has already collected an impressive “pre -sediment” of $ 2.3 billion.
Through Boyco, applications can be negotiated directly with fluid providers.
The Boyco app will launch the main net of Berachain
Royco Protocol announced the release of Boyco on X on January 28. Royco is a Bellacaine platform that promotes the creation of a liquidity market, so that the protocol can negotiate directly with a liquidity provider so that it can ensure fluidity.
Boyco is an implementation adjusted by Royco and is specially designed to support the release of the main net of Berachain. After Boyco was live, some users complained that they could not access the website.
“Boyco Frontend is as late as hell, FOMO is real,” says one user.
It seems that the site has fallen because of the large traffic.
“Yesterday evening, Biiko was a live. We did the maximum server, but it was not enough to maintain a huge amount of traffic. Both sites are very slow. Since then, Royco has been able to fully overhaul the back end and match the demand.
In addition, BOYCO’s website indicated that the total value locked only with Boyco exceeds $ 113 million. When sediment is included, the numbers rise to $ 2.3 billion.
The supply of BERA, a native token in BOYCO, indicates 2 % of the total supply.
“The community was very surprising when the project was assigned 2 % of Boyco’s overall supply to Boyco, not the previously announced 1.5 %,” said one user of X.
BOYCO is designed to fill the gap between the development of a distributed application (DAPP) and the final release of the main net. Usually, users and investors have to wait for the main net of the blockchain to be live and start interacting with the ecosystem.
However, Boyco can create a fluid market in advance, and provide an opportunity to deposit assets to early users to create interest. Nevertheless, another user complained that BOYCO’s Prediposit network fee was “RID laughing.”
Apart from that, there are many expectations for the release of Bellacaine’s main net. BERACHAIN is an EVM same layer-1 blockchain that uses a new “acidic proof” consensus mechanism.
Andy, a co -founder of roll -up, posted to X that it can be released as soon as possible next week.
“Bellacaine is imminent. I’ve heard it early next week,” he wrote.
The $ 2.3 billion on TVL is ranked as the eighth chain of TVL. According to Dune Analytics data, chains such as Sui, AVALANCHE, and HYPERQUID are already exceeded.
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