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. Guide

Getting Started

Welcome to Beracana, the undercollateralized lending protocol that allows you to maximize your BGT farming on Berachain through smart strategies like leveraging, supplying liquidity, and borrowing assets. In this guide, we'll walk you through everything you need to know to get started, manage your positions, and maximize your returns.

Before you can start lending or leverage borrowing on Beracana, you'll need to connect your wallet to the platform and ensure you have sufficient assets on Berachain (like BERA and HONEY) to participate in our liquidity pools.

Here’s how you can begin:

  1. Connect Wallet: Open Beracana and connect your Web3 wallet (like MetaMask).

  2. Fund Your Wallet: Make sure you have enough BERA (for gas) and HONEY to deposit.

  3. Start Lending or Borrowing: Decide whether you want to lend your assets, open a borrowing position, or leverage your current holdings.

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Last updated 7 months ago