CAVE
  • Welcome to the CAVE GUIDE.
  • Getting Started
    • What is Cave?
      • Meet Bozito
      • Why Telegram?
      • Cave Vision
  • Berachain Basics
    • Berachain Basics
      • The Origins
      • The Culture & Ecosystem
      • The native dApps
    • Proof Of Liquidity
      • What is PoL?
      • What is $BGT?
      • The PoL cycle
      • BGT/Bribes war
      • Vocabulary reminder
  • BERACHAIN ECOSYSTEM
    • BUILD A BERA
      • Infrared
      • Kodiak
      • Shogun
      • Beratone
      • GummiFI
    • MORE TO COME...
  • TESTNET GUIDE
    • Introduction
      • Obtaining $tBERA
    • Berachain Native Dapps
      • BEX
      • BEND
      • BERPS
    • $BGT
  • Berachain Apps
    • CubQuests
    • Ooga Booga
    • Infrared
    • Kodiak
    • Beradrome
    • Goldilocks
    • Beraborrow
    • Yeet
    • Beramonium
    • Beranames
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On this page
  • Borrowing $NECT
  • Using $NECT
  • Future
  1. Berachain Apps

Beraborrow

PreviousGoldilocksNextYeet

Last updated 7 months ago

aims to unlock instant liquidity against Berachain assets through the first PoL powered stablecoin, Nectar ($NECT).

Borrowing $NECT

Using $NECT

Future

As you can see, Beraborrow's testnet isn’t complete yet, but more features are coming soon.

We are sharing this with you already because they plan to introduce a leaderboard for activity on their protocol, which will likely be valuable in the future. That's why, we highly recommend getting started now.

On Beraborrow, you can $NECT by depositing a variety of whitelisted assets as collateral. Currently, on testnet, these assets are $BERA, $wBERA, and $iBGT from .

After receiving $NECT, you can deposit it into the . Alternatively, you can also your $NECT to get back the collateral you deposited.

On Kodiak, you can deposit your $NECT into the and stake the LP token to earn KDK, xKDK, and POLLEN, which is Beraborrow's governance token.

borrow
Infrared
Stability Pool
redeem
HONEY-NECT Island
Beraborrow