Berachain has initiated the Boyco unlock event, allowing users to retrieve their liquidity provider (LP) tokens and claim rewards starting at 8:30 PM (UTC+8) on May 6, 2025. This unlock involves a total release of 10 million BERA tokens, representing approximately $2 billion in rewards entering the market. Current trading data shows BERA priced at $2.86, with 2.49 million short positions versus 925,000 long positions on the Hyperliquid exchange. This unlock is the last scheduled release for the next nine months. The protocol is considering changes to its Proof of Liquidity (POL) mechanism to incentivize not only total value locked (TVL) but also user activity. Various vaults and yield opportunities are available post-unlock, including Wasabi's 104% APY BERA vaults and Bearn's yBERA yield product, which is positioned as a preferred option for staking BERA tokens after the unlock. Users have reported that claiming and withdrawing assets from Boyco involves multiple transactions, including approvals and cross-chain transfers, which might be complex for less experienced users. However, some contracts allow direct exits with zero fees, providing a streamlined withdrawal process.
If you're stuck in @InfraredFinance BOYCO assets on @berachain (e.g., wiv-dHONEY), you can exit directly through the contracts with zero fees. Here's a quick walkthrough: 1. Find the receipt token's contract address. 2. Look it up on Berascan 3. Go to "Contract" and then "Read https://t.co/cnxTxR3YE1
从 @berachain Boyco一个矿里取钱出来跨链回主网,总共发了10条交易。咱就是说没个4年老农经验,这钱还真有可能就出不来了😇 从Boyco Claim LP => 去对应的项目Approve + Withdraw LP => 把HONEY Approve + Withdraw BYUSD+USDC.e => 去跨链桥里跨出来三个币
Boyco claims are live! Visit https://t.co/3iQ4pFWzgh to get started. After connecting your wallet, see your positions and available rewards. Note: Most pre-pre deposit vault rewards and all deposits must be claimed directly from their respective vault. Non-$BERA incentives https://t.co/2YcwRe0lOP