Today, let’s talk about Berachain—one of the few chains with real momentum in DeFi right now while others are struggling. If you want to get in, the first step is simple: bridge funds to Berachain.
👉 How? If you have ETH (or any other token) on OP network (or any other chain), you can use deBridge to send it over:
🔗 https://app.debridge.finance/r/31777
Why Berachain? Proof of Liquidity & Crazy APYs
Berachain runs on Proof of Liquidity, meaning you earn BGT (the chain’s reward token) by providing liquidity. The kicker? Staking BGT can give you up to 1000% APY! 🤯 Watch my video below to see where you can stake BGT to get these high rewards:
But here’s the catch—you can’t just buy BGT. You have to:
1. Provide liquidity into a liquidity pool (LP) - e.g., wETH/wBERA pool
2. Stake the LP to earn BGT, that can then be staked through validators.
The Shortcut: iBGT (But at a Cost)
If you don’t have a lot funds to farm BGT, it will take a lot of time but there’s another way: buy iBGT (a liquid version of BGT) on a DEX like Kodiak.
⚠️ Warning: iBGT trades at a premium ($10 vs. BGT’s $6) because of high demand. Staking still gives ~293% APY, but it’s not as good as native BGT.
Best Strategy? Patience Pays
The most profitable way is to:
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Bridge ETH/stablecoins to Berachain → swap 50% for BERA → farm liquidity → earn BGT → stake it.
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Avoid overpaying for iBGT unless you need speed.
Hedging Your Bets
Since BERA’s price could fluctuate, you can short BERA on Hyperliquid to hedge your position:
🔗 https://app.hyperliquid.xyz/join/CRYPTOFAB
Final Thoughts
Berachain’s DeFi ecosystem is lucrative but complex. Do your own research, pick the right strategy, and farm wisely!
Ready to dive in? Start bridging now! 🚀
🔗 https://app.debridge.finance/r/31777
(DYOR—this is not financial advice!)
