Dolomite Introduces veDOLO-Incentivized Boyco Markets

Boyco is Live! https://berachain.royco.org/

Berachain has launched their Boyco program, a groundbreaking liquidity acquisition initiative designed to reshape how chains attract liquidity to decentralized applications to ensure a thriving ecosystem on day one. At Dolomite, we are thrilled to announce our participation in this program with a series of markets incentivized by BERA, veDOLO, and shortly after TGE, oDOLO for qualifying assets. By depositing into these markets, you’ll not only earn rewards for these assets but also enjoy a competitive yield on your borrowable assets as part of Dolomite’s role as the leading lending protocol on Berachain. This unique combination of rewards and yield ensures that your capital is working harder for you while contributing to and benefiting from the growth of both Dolomite and Berachain.

What Is Boyco?

Boyco is Berachain’s innovative liquidity program, built and managed by Royco, that helps decentralized applications (dApps) like Dolomite secure robust liquidity and user participation before the chain even launches. By running this program ahead of Berachain’s official launch, Boyco ensures that when the chain goes live, there’s already deep liquidity ready to support the ecosystem from day one. It is a liquidity marketplace where protocols like Dolomite can create tailored incentives to attract you to deposit and lock your assets in exchange for meaningful rewards. With Royco powering the program, Boyco fosters transparency, collaboration, and efficiency, solving the common challenges of traditional liquidity acquisition, like fragmented incentives or cold-start problems. With Boyco, you’re not just earning — you’re supporting the foundation of an exciting new ecosystem while making your capital work harder for you.

How Does Boyco Work?

Boyco simplifies the process of finding the best opportunities to grow your assets and earn rewards, while ensuring that your assets help kick off Berachain with thriving and liquid dApps. You’re here because you recognize the potential of the Berachain ecosystem and want to position yourself where growth is expected to be the strongest and returns the most competitive. That’s exactly what Boyco empowers you to do.

Here’s how it works at a high level:

1. The Boyco campaign begins, opening up deposits and allowing you to commit assets to various protocols in exchange for rewards.
2. External vaults distribute their deposits to Boyco campaigns for various protocols, with weights varying by external vault.
3. Users interested in participating with a specific protocol rather than a basket of protocols (as offered by the external vaults) visit the Royco dApp, review the rewards offered, review the lockup period, select the protocol they want to deposit to, which asset they’d like to commit, and the amount. While Boyco is running, users are free to uncommit assets or change where the assets are committed.
4. Berachain launches, and assets committed through Boyco are deposited to their corresponding protocol, resulting in Berachain having a liquid and thriving dApp ecosystem on day one.
5. After the Boyco lockup period completes, assets are returned to users along with rewards earned through Boyco.

Instead of visiting multiple websites and navigating fragmented information, Boyco provides a transparent and streamlined marketplace where you can evaluate all your options in one place.

Here’s how you can utilize Boyco:

1. Browse Markets — Explore a selection of markets created by protocols like Dolomite. Each market provides clear, detailed information to help you make an informed decision, including the projected APR, the type of rewards you’ll earn, the duration of the lock-up period, and the timing of reward distributions.
2. Select Your Rewards — Choose from markets offering different incentives, such as veDOLO, BERA, or other tokens, depending on your preferences and investment strategy.
3. Assess Potential Returns — Compare the projected returns across markets to allocate your assets where they can generate the highest yield.
4. Review Lock-Up Terms — Evaluate the commitment period for each market, allowing you to select an option that aligns with your time horizon and liquidity preferences.
5. Supply Strategically — Provide liquidity to the applications you believe will deliver the greatest returns, allowing you to align your deposits with your outlook on the most promising opportunities in the ecosystem.

Boyco’s transparent marketplace eliminates the inefficiencies of traditional liquidity acquisition, ensuring you have all the information you need to make confident decisions. By streamlining the process, Boyco not only makes it easier for you to identify the most lucrative opportunities but also empowers you to contribute to the success of the Berachain ecosystem.

Why should you choose Dolomite on Boyco?

Two years ago, we set out to revolutionize decentralized finance — not just to build another lending protocol, but to create a truly composable platform that empowers you to take full control of your assets, maximize returns, and realize the promise of DeFi. Since launching, we’ve processed over $800 million in trade volume, reached a TVL of over $120 million, and grown to become the 5th largest project on Arbitrum.

And we’re just getting started.

Innovation has driven us from day one. We began as early pioneers in crypto, building the first DEX on Loopring in 2018. Today, we’re backed by leading names like Coinbase Ventures, Draper Goren Holm, and NGC Ventures. Our platform stands out by supporting a wide range of assets, including many not available on other lending protocols. With the ability to scale up to 1,000 assets and groundbreaking features like the ‘Zap’ meta aggregator, Dynamic Collateral, and isolated borrow positions, Dolomite remains at the forefront of innovation in DeFi lending.

We built Dolomite to be the baseplate for your money Legos, offering a modular foundation for seamless integrations and endless possibilities. Our architecture powers supercharged collaborations with leading protocols like GMX and Pendle, creating unparalleled opportunities for position design and management. This same modularity enables seamless integration with Berachain’s Proof of Liquidity (PoL) system, unlocking leveraged exposure to Berachain ecosystem rewards.

That’s a bit about us and the road we’ve taken to get here. Now, let’s dig into these Boyco markets we’re introducing today and why they’re such a compelling opportunity for you.

Dolomite’s Boyco Markets

When you deposit into Dolomite’s Boyco markets, you’ll not only earn BERA and veDOLO rewards but also benefit from lending yields driven by the explosive growth and activity within the Berachain ecosystem. As the premier platform facilitating borrowing and leveraging of assets to maximize exposure to Proof of Liquidity (PoL), Dolomite utilizes your lendable funds to directly power these high-value activities. In this environment, lending rates for core assets like USDC, WBTC, and HONEY are expected to be naturally pushed upward, converging toward the ecosystem’s prevailing yield opportunities. In short, as demand for leverage rises and returns on Berachain soar, it’s expected that you as a lender will capture the upside through elevated supply rates.

So, what does this mean for you? By depositing into Dolomite’s Boyco markets, you’ll earn:

• Lending yields — Competitive returns on lendable assets powered by borrowers leveraging exposure to opportunities on Berachain.
• BERA — Rewards in BERA tokens provided by Berachain.
• veDOLO — 3% of the DOLO token supply, distributed as veDOLO.
• oDOLO — Beginning soon after our TGE on Berachain, qualifying assets deposited on Boyco will accrue oDOLO.

With Dolomite, you’re not just earning yield — you’re strategically positioning yourself at the center of an innovative, rapidly expanding ecosystem. This is your opportunity to grow with Berachain while maximizing your returns, gaining exposure to top-tier assets, and contributing to the foundation of decentralized finance’s next chapter.

A Note on External Vaults

Several asset issuers such as Ether.fi, StakeStone, and Lombard have introduced external vaults as a way to distribute rewards for their ecosystems. By depositing assets into these external vaults, you can gain access to rewards specifically designed to give you exposure to their individual ecosystems and incentivize your participation. Once Boyco Markets go live, the assets from these external vaults will be allocated across multiple liquidity markets, including Dolomite.

External vaults are a great option if your goal is to support and gain exposure to multiple ecosystems. They allow you to participate in a broader range of liquidity markets while earning rewards from specific asset issuers. However, it’s worth noting that assets deposited into these vaults will be distributed among several markets. This means your exposure to Dolomite and veDOLO rewards may be reduced compared to depositing directly into Dolomite’s Boyco vaults.

If your goal is to focus on Dolomite-specific rewards, such as veDOLO, direct deposits into Dolomite’s Boyco vaults may be the better choice. On the other hand, if you’re looking for a diversified approach to support multiple Berachain dApps and to maximize specific rewards from a certain asset issuer, external vaults offer a valuable way to achieve that.

Be sure to review the details of each external vault carefully to understand how your assets will be allocated and what rewards you’ll earn. This transparency helps you make an informed decision that aligns with your goals and preferences within the Berachain ecosystem.

Which Markets are Being Incentivized by Dolomite?

Dolomite, through Boyco, will accept several different assets broken down into the following three categories:

*All data presented in this section is subject to change.

1. Lendable assets — These assets are eligible for lending yield within Dolomite’s ecosystem. The 90-day lock-up period ensures that these assets are available to support lending activities, making them integral to the protocol’s operations. As a result, this category receives a greater share of rewards compared to the non-lendable assets.

These assets should be deposited directly into our Boyco Markets in order to maximize exposure to veDOLO rewards.

2. Non-Lendable Assets — Unlike the lendable assets these assets are not borrowable, are locked for a shorter period and are typically utilized to support liquidity markets without being part of the lending side of the protocol.

3. External Vaults — Assets that are part of this group have an external vault that accepts them. These assets should be deposited in their corresponding vault to earn third-party ecosystem-specific rewards. The deposited assets in these vaults will be deployed across the Berachain ecosystem, and protocol weighting will be determined by the external vault managers.

External vaults can be found at: https://boyco.berachain.com/external-vaults

Each of these categories plays a distinct role within Dolomite’s incentivized markets, offering flexibility for participants while ensuring the protocol maintains a strong and balanced liquidity foundation. By choosing the category that aligns with your preferences, you can maximize your participation and earn rewards tailored to the type of assets you contribute.

How do you participate?

Once the program goes live you will:

1. Visit the Boyco Platform Navigate to the official Boyco platform on ETH main net and connect your wallet to begin.
2. Browse Dolomite’s Liquidity Markets Browse through the available liquidity markets and locate Dolomite’s markets. Review the terms, such as eligible assets, lock-up durations (30 or 90 days), and reward details.
3. Choose Your Asset and Amount Select the asset you want to deposit, such as USDC, ETH, or WBTC, and specify the amount. Ensure your wallet has sufficient funds to cover the deposit and any associated gas fees.
4. Approve the Asset for Deposit If this is your first time depositing a specific asset into Boyco, you will need to approve the asset for use on the platform. This step grants Boyco permission to transfer the selected amount on your behalf.
5. Deposit Your Asset Once approved, confirm the deposit transaction. Your asset will remain under your control until the funding period concludes, at which point it will transition to Dolomite on Berachain and be locked for the specified duration.
6. Earn Rewards As soon as your deposit is locked, your rewards will start accruing and can be claimed at the end of the lock period.
7. Monitor and Manage Your Participation Use the Boyco dashboard to track your deposits, rewards, and lock-up periods. If desired, you can adjust your participation or reallocate funds to maximize your returns during the funding period.
8. After Lock-Up period ends Once the lock-up period (30 or 90 days) ends, your assets will seamlessly move into your Dolomite balance and continue earning yield and oDOLO if applicable. You can withdraw your assets along with the accumulated rewards, stake them into our powerful Proof of Liquidity integration, leverage up or hedge as you desire to further enhance your yield within the Dolomite and Berachain ecosystems.

Dolomite: Your Gateway to Growth on Berachain

Dolomite is proud to be part of Boyco, a groundbreaking campaign transforming how liquidity acquisition and chain bootstrapping are done. Boyco’s innovative marketplace ensures decentralized applications like Dolomite can secure critical Day One liquidity efficiently, transparently, and collaboratively. By addressing long-standing challenges in liquidity provisioning, Boyco fosters an ecosystem where protocols and liquidity providers work together for shared success.

For Dolomite, this partnership represents an incredible opportunity for our community to take part in something truly transformative. By participating in our Boyco markets, you’ll play an essential role in launching Dolomite on Berachain while accessing unique rewards that recognize and incentivize early participation. With ecosystem-driven lending yields, veDOLO rewards, and BERA incentives, the opportunity to contribute to one of DeFi’s most innovative ecosystems has never been more exciting.

As Berachain emerges as a dynamic hub for decentralized finance, Dolomite is positioned to be at the forefront of its growth. By contributing liquidity through Boyco, you’re helping to build the foundation for a thriving ecosystem while participating in the opportunities that come with it. Together, we can create a robust, collaborative network that benefits not only the Dolomite and Berachain communities but also the broader DeFi landscape.

This is your chance to join a new chapter in decentralized finance — one where innovation, collaboration, and opportunity come together. Be part of shaping the future with Dolomite on Berachain.

Ooga Booga. 🏔️

Boyco: https://berachain.royco.org/

Stay in the Know

Stay connected and informed about all things Dolomite! Whether you’re looking for in-depth information, support, or a place to engage with the community, we’ve got you covered:

💻 Website 📚 Documentation 🗣️ Discord 📃 Medium 📢 𝕏/Twitter

Stay tuned for updates and announcements as we continue building the future of decentralized finance together!