🍻BEND: The Core Lending Protocol Shaping the Future @berachain ⭐️ 🍀BEND is the native lending protocol of Berachain, launching on October 16, 2025, functioning as the core credit layer for the entire ecosystem. 🪕Directly integrated with the unique Proof-of-Liquidity (PoL) mechanism, BEND allows users to lend, borrow, and loop assets, earning compound interest from lending and rewards in BGT tokens – turning idle liquidity into effective earning capital. 🔍 What is BEND? - BEND (short for Berachain + Lend) is a decentralized lending protocol specifically built for Berachain. - Unlike traditional lending platforms, BEND: + Deeply integrates with the PoL consensus mechanism + Built on the Morpho architecture – an advanced lending framework + Designed with isolated risk vaults, optimized for performance and security 🧠 How BEND Works: ✅ Lending Users can deposit assets such as: + HONEY + wETH, wBTC, wBERA + sUSDe, wsrUSD, iBERA, wgBERA ...into vaults to earn: + Interest from borrowing fees + BGT tokens through the PoL model 💸 Borrowing - Users collateralize assets (e.g., wETH) to mint HONEY (the stablecoin of Berachain). - The system uses dynamic interest rates and requires a health factor > 1 to avoid liquidation. ⚠️ Liquidation - When the value of collateral drops to a risky level, the vault will be automatically liquidated. - Liquidators receive a 5% reward from the loan, ensuring continuous liquidity and system safety. 🔐 Key Features 1. Isolated Risk Markets Each vault operates independently. If one vault encounters issues, other vaults remain unaffected – minimizing contagion risk. 2. Dual Rewards - Yield from lending - BGT emissions through PoL – incentivizing staking and governance 3. Programmable Credit Builders can create custom markets, integrate with DEXs, route idle assets, or develop new financial products like RWA-backed loans. 🌐 BEND in the @berachain Ecosystem 💡 Strategic Role in Proof-of-Liquidity BEND is a crucial piece that maximizes the effectiveness of PoL: + Reallocating idle liquidity → into high-yield capital + Increasing incentives for validators through BGT + Promoting the use of HONEY as the default payment currency 📊 Current Performance - Launch Date: October 2025 - First Vault: HONEY Vault (limited total supply) - Initial Target TVL: $5M–$20M (~5% of Berachain's total native TVL – $377M) - Target APY: + ~20% for HONEY Vault + Compared to ~10% on other DeFi platforms 🔍 Quick Comparison: 🛠️ Roadmap & Upcoming Developments 🤝 Partners & Deployment - Morpho Labs: Providing the lending engine platform (licensed fork) - Re7 Labs: Launch partner, managing the first vaults and optimizing risk Re7 applies an organizational-level risk assessment framework, ensuring that vaults are always backed by high-quality assets and sustainable profit strategies. ✅ Conclusion BEND is not just a lending protocol. It is the native credit layer, the financial center of Berachain – where capital flows are directed, optimized, and sustainably developed. ⭐️With: - Robust Morpho architecture - Breakthrough Proof-of-Liquidity mechanism - Attractive dual rewards - Unlimited expansion opportunities for both users and builders 👉BEND is laying the foundation for a self-operating, safe, and efficient DeFi ecosystem right from the most fundamental layer: credit. Follow @berachain and @beravietnam for more important updates coming soon #BEND #berachain