@alessandras
The interest rate for lending BERA in its on-chain Lending project has reached 23.68%, enabling users participating in arbitrage to earn 100% risk-free annualized returns, thus quickly curbing the downtrend and turning it to an uptrend. The strategy adopted by the Berachain project is roughly the same as that of Sonic. Both use high APY to attract users and funds on the chain to enter, thereby realizing the process of: pledge lock-up → liquidity release → DeFi empowerment → token appreciation, and using high APY to increase the market user demand for the main currency BERA on the chain, thereby achieving the purpose of promoting the price increase of BERA tokens.
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