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
  2. How Beracana Works

Borrowing/Leveraging

Borrowing on Beracana lets users leverage their positions to farm more tokens. Through Beracana, you can borrow up to 5x the value of your original deposit, which is then deployed into additional farming strategies that are then autocompounded to increase your funds.

This leveraging mechanism allows you to maximize your yield without needing a massive initial deposit. Essentially, you're using the borrowed assets to increase your exposure to BGT rewards across various dApps within the Berachain ecosystem.

Key Highlights:

  • Borrow assets up to 5x your deposit.

  • Leverage your borrowed assets for amplified BGT farming.

  • Increase your yield without needing to supply more capital.

  • Earn CANA rewards for borrowing.

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Last updated 2 months ago