Get ready to feel the Bearn.
A proposal to launch a new @yearnfi sub DAO is live.
Bearn's mandate is to bring Yearn's years of yield experience to the chain with a goddamn bear on it.
gov.yearn.fi/t/the-bip-yip-…
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What happens when DeFi's most trusted auto compounder and liquid locker teams up with the new hotness?
Other than a mess in my pants
yBGT
The next great @berachain BGT liquid locker and autocompounder from @yearnfi's newest sub DAO @Bearnsucks
Because after all,
y Not BGT?🧵
Introducing yHONEY!
The new best set and forget HONEY yields on Berachain.
Just like yBERA but sweeter, yHONEY is a 4626 vault that optimizes deposits across all major lending markets on Berachain, including Euler and Dolomite.
While yHONEY will always remain 1:1 with HONEY,
Bearn will begin buying back yBGT with all vault fees and used as part of the long term treasury strategy.
Bearn collects fees from a variety of non-yBGT sources, such as yBERA/yHONEY and compounder vaults.
These fees will now be directed to an auction contract to periodically
Bearn is now the 3rd largest BGT holder and LST. It also still has
- The highest single sided BGT yield
- The highest LP staking yield
- The highest Point yield
- The most badass blue bears
It's simply a matter of when not if you will capitulate.
Time to upgrade your BGT.
ATTENTION BERAS,
Cap'n Jack says we need $100k in the yBGT/yBERA LP for a reward vault. So that's what we're gonna do.
We provide the incentives, you provide the liquidity
Kickin it off at 2,000% good old fashioned Auto-compounded APR (+ Boints)
Get in while the gettin's good
Decisions on the latest batch of RFRVs have been delivered by the @bgtfdn on behalf of the Guardians.
New reward vaults across DeFi, Bitcoin, stables, and consumer applications have been approved, expanding PoL utility across the Berachain ecosystem.
This batch includes new
For those playing along at home styBGT Compounder has:
- 317% APR
- Compounded every 30 minutes gives eAPY of 1,908%
- 0% Performance Fee
- 0% Management Fee
- 0% Deposit Fee
- 0% Withdraw Fee
- 0 GEO Blocking
Demand more out your BGT. Thats yBGT