Berachain Berps 🐻⛓️
Berachain Berps is a decentralized leveraged trading platform which allows for perpetual futures contract trading.
Berachain's native stablecoin $HONEY, serves as the base token for all trading collateral, payouts, and deposits. Users can passively earn by providing trading liquidity in the $bHONEY vault. Vault depositors earn trading fees generated from Berps and serve as the counterparty to traders' positions.
In addition, the vault in Berps is an implementation of Proof-of-Liquidity Reward Vaults which allows stakers that deposit into the Reward Vault to become eligible to receive $BGT emissions. This interaction demonstrates how PoL can incentivize users to take a variety of liquidity actions with dApps.
To learn more, check out the Berachain Berps Docs.