About
Beraborrow is the leading collateralised debt position (CDP) protocol on Berachain, unlocking instant liquidity through Nectar ($NECT), the first stablecoin powered by Proof of Liquidity. Designed for simplicity and flexibility, Beraborrow features modular, tokenized components that can be composed together to introduce powerful new features to the CDP design space.
Prizes
Liquid Stability Pool offsets the debt of liquidations in our CDP module, we believe we can bring higher capital efficiency to the $NECT sitting there by having other protocols (Perpetuals, Lending…) making use of that available liquidity, with the condition that it ends up being profitable to LSP holders.
Develop a module that can plug into the LiquidStabilityPool::offset() function, ensuring that any other protocol can make use of its liquidity, without introducing any liquidity problem.
Qualification Requirements
Qualification requirement:
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Projects must have a description and a GitHub repository with a descriptive README. -- How your module safely leverages LSP liquidity. -- Why it's beneficial to both protocols and LSP depositors.
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There has to be at least one practical example of a known protocol making a sound use of your developed module that plugs into the LSP.
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Technically and economically sound.
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Code must be open source and modular enough to plug into future protocols.
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Berachain smart contract deployment.
Examples:
- Lending liquidations (Aave, Dolomite)
- Perpetuals liquidations (GMX, Hyperliquid…)
Create a vault strategy on Beraborrow that automatically manages a CDP. Let users “set it and forget it”—but optimize for sustainability, yield, risk, and usability.
Our product, Managed Leveraged Vaults (MLV), keeps the position collateral ratio constant, while depositing the debt into our LSP, and rebalancing PoL rewards into principal.
Qualification Requirements
- Projects must have a description and a GitHub repository with a descriptive README.
- As ERC4626 compliant as possible.
- Technically and economically sound.
- Deployed smart contracts over any Beraborrow collateral.
- Deploy $NECT debt into multiple productive uses and not just LSP (It can complement but not anchor the strategy).
Examples:
- Delta neutralising the collateral while earning PoL rewards above interest rates.
- Debt yield optimization.
