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

How Beracana Works

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Last updated 2 months ago

Beracana is designed to enhance liquidity and yield farming potential within the Berachain ecosystem. The protocol lets users lend, borrow, and leverage their assets to maximize rewards, particularly BGT (Bera Governance Token). Through partnerships with dApps like Beradrome, Infrared Finance, and Beraswap, Beracana facilitates a multi-layered approach to liquidity provision, allowing users to optimize their returns on both sides of the market.

By providing liquidity or borrowing assets to amplify farming, users can get significantly more BGT without having to deploy large amounts of capital upfront. Beracana creates a dynamic system where users can lend or borrow to fit their individual strategies while participating in the overall growth of the Berachain ecosystem.