Borrowing and Lending Platform
Why We Are Hunting This
Beraborrow is one of the first borrowing and lending platform on Berachain, allowing users to put up collateral to mint Beraborrow’s stablecoin, NECT. While users are not able to borrow NECT right now, they are able to earn POLLEN points. These bPOLLEN points will then be able to be redeemed down the line for POLLEN, which is used to help stabilize the protocol and can be staked sPOLLEN which receives all interest rate revenue.
Official Links
Tasks & Quests
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Difficulty: Easy | Time: 2 min
- Connect your wallet to Kodiak Finance’s frontend
- Determine the token that you would like to swap and the amount
- Select NECT as the token that you would like to receive
- Click “Swap” and confirm the transaction
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Difficulty: Easy | Time: 2 min
- Connect your wallet to Kodiak Finance’s frontend
- End the amount of NECT and HONEY you would like to supply
- Click the “Supply” button and confirm the transaction in your wallet
Deposit NECT on Beraborrow
Difficulty: Easy | Time: 2 mins
- Connect your wallet to Beraborrow’s frontend
- Enter the amount of NECT that you would like to deposit
- Click the “Deposit” button and confirm the transaction in your wallet
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