Enso Shortcuts to Power $2B in Berachain’s Boyco Launch
Zurich, Switzerland, January 28th, 2025, Chainwire
Enso, the leading provider of blockchain shortcuts, is powering Boyco, a liquidity incentivization platform on Berachain. To address the cold start problem faced by most Layer-1 blockchains, Boyco enables decentralized applications (dApps) and liquidity providers (LPs) to coordinate pre-launch liquidity.
Fully integrated with Enso for all DeFi execution, Boyco leverages Enso’s infrastructure to streamline liquidity provisioning and ensure an efficient process for securing deep liquidity across Berachain’s ecosystem. Pre-deposits via third party vaults have already reached an impressive $2.1 billion in total value locked (TVL).
Boyco: Setting a New Standard for Onboarding Liquidity
Boyco, built on the Royco Protocol, revolutionizes how liquidity is secured for new blockchains. By providing a transparent and efficient platform, Boyco empowers dApps to offer incentives for liquidity provision directly to users, eliminating the need for intermediaries or opaque negotiations. This ensures that liquidity is productive from day one, aligning perfectly with the ecosystem’s growth objectives.
Enso: The Engine behind Boyco’s DeFi Execution
To streamline the movement of assets across chains, Boyco integrates LayerZero and Stargate, two leading cross-chain interoperability solutions. This cross-chain accessibility ensures Boyco participants can bridge diverse assets like USDC, USDT, DAI, wETH, and wBTC quickly, securely, and transparently.
Additionally, Boyco utilizes Enso to automate the execution of liquidity deposits, simplifying even the most complex, multi-step actions into a single, executable transaction through Enso Shortcuts. By providing the integration with the eleven applications set to launch on Berachain, Enso plays a crucial role in routing all liquidity efficiently and accurately to the appropriate protocols, ensuring each dApp receives the deposited funds to start operating from day one.
How Boyco Works
- Applications create Royco Markets, defining transaction parameters and offering incentives.
- LPs review and negotiate onchain offers, directly offering to lock funds for pre-determined periods.
- Assets are bridged to Berachain via LayerZero and Stargate.
- Liquidity is deployed into smart contracts via Enso Shortcuts immediately upon the application’s Mainnet launch.
“Enso powering Boyco’s DeFi interactions demonstrates our commitment to enabling the next generation of blockchain ecosystems,” said Connor Howe, Co-founder of Enso. “By taking care of all the necessary integrations, we’ve saved Boyco hundreds of engineering hours.”
Boyco sets a new standard in blockchain liquidity acquisition by prioritizing transparency, collaboration, and efficiency. Through Enso Shortcuts—predefined, multi-step blockchain operations condensed into a single transaction—Boyco allows dApps to effortlessly receive liquidity and operate efficiently from day one.
About Enso
Enso’s blockchain shortcuts empowers builders to create applications faster and easier, turning ideas into reality without distractions. Trusted by over 60 projects, Enso has facilitated over $13 billion in onchain settlements.
About Berachain
Berachain is an EVM-identical Layer 1 blockchain prioritizing application value, sustainable liquidity, and ecosystem alignment through its novel Proof-of-Liquidity (PoL) consensus mechanism.
About Royco
Royco is a platform for Incentivized Action Markets. (IAM). IAMs allow incentive providers to offer incentives (tokens, points) in exchange for performing onchain actions. Users can also negotiate for more incentives using the Mar
