Beracana
  • Overview
    • About Beracana
    • Why Lend on Beracana
    • Why Borrow/Leverage on Beracana
    • CANA Token
    • How Beracana Works
      • Lending/Supplying
      • Borrowing/Leveraging
      • Strategy
      • Health Factor
      • Liquidation
  • Guide
    • Getting Started
    • Lending/Deposit Assets to Receive canaHONEY
    • Withdrawing Lent Assets
    • Opening a Position
    • Closing a Position
    • View Your Position
    • Rewards
    • Interest Rate Model / Utilization
    • Add/Remove Extra Collateral
    • Liquidated Positions
  • FAQs
    • Frequently Asked Questions
  • Double Chance Lotteries
    • Introduction
    • Overview
      • Primary Lottery Mechanics
      • Second Chance Lottery Mechanics
    • Security and Decentralization
    • Conclusion
  • Contract Addresses
    • Addresses
  • Tokenomics
    • Introduction
  • Twitter
  • Discord
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  1. Overview

About Beracana

NextWhy Lend on Beracana

Last updated 2 months ago

Beracana focuses on providing users with a way to amplify their gains while participating in the Berachain ecosystem. At its core, Beracana facilitates undercollateralized lending, meaning users can deposit assets and borrow more than the value of their initial deposit, up to 5x the leverage. The protocol then directs these borrowed assets into liquidity farming strategies, optimizing BGT yields across the various dApps in the ecosystem.

Using Beracana’s infrastructure, BERA and other assets can be deployed into various farming strategies. By leveraging into multiple dApps like Infrared, Kodiak, and Beradrome, users can simultaneously farm iBGT, oBERO, KDK, or any other farm tokens.