Cover photo

Set & Forgetti Boyco Deposit Vault is Live! 🍝🐼⛓️

Deposit $USDC to Earn $BERA and Henlo Boyco Points Rewards!

Henlo, and furthemore, Ooga Booga! Berachain has just launched the Boyco Vaults pre-chain program. Set & Forgetti is one of the projects deploying a special incentivized Set & Forgetti Boyco Stable Vault that features stable PoL farming with max exposure to The Honey Jar’s forthcoming memecoin, Henlo.

In other words, the S&F restaurant is ready to present the first delicious dish on its menu: Pasta di Boyco, seasoned with Bera and Henlo.

Now accepting deposits: S&F Boyco Vault 🍝

S&F Vault Specifications

  • Deposit token: $USDC

  • Liquidity pool: HONEY/USDC pool on Beraswap

  • Compounding mode: HENLO Maxi: Earned $BGT is autocompounded into the position; Other rewards are auto-swapped into $HENLO.

  • Rewards: 42.0 million Henlo Boyco points (these points are different from Henlo Crews Points) pool + $BERA pool from the Berachain Foundation.

  • Max Cap: 42.0M $USDC (Vault stops accepting deposits as the cap is reached)

  • Withdrawals: Boyco deposits will be locked in Set & Forgetti for 3 months, counting from the Mainnet Day 1. As 3 months period expires, users will be able to withdraw and collect S&F rewards any time.

How it works?

When USDC is supplied to the market, it is bridged to a vault on Berachain mainnet. It is supplied to the USDC-HONEY liquidity pool on Beraswap and deposited into the Set & Forgetti Stable Farm to earn Proof of Liquidity rewards, which are autoharvested and compounded into HENLO. At expiry, users can withdraw their stable deposit plus the accrued HENLO tokens. A Honey Jar joint.

The vault is operated by a 3-of-7 multisig to swap half of the USDC to HONEY, add both assets to the USDC/HONEY liquidity pool on Bex, and secure the LP token in an InterPoL Locker. The LP is staked to earn BGT rewards, which are compounded into Henlo. At expiry, users can withdraw their stables plus accrued Henlo rewards.

TL;BCR: U lock $USDC for 3 months and earn ur share of $BERA and Henlo Boyco Points. All 3 months ur liqudity is earning and autocompounding Berachain PoL rewards on Set & Forgetti. As 3 months pass, u take ur stables back + collect delicious rewards, including $HENLO.


A note regarding fees: Set & Forgetti charges a 2% fee on earned rewards, but never charges fees on principal deposits or withdrawals. We only win if you win. Forgetti about it.

How do you participate?

  1. Prepare some $USDC

  2. Go to the S&F Vault

  3. Choose the amount of $USDC you want to deposit

  4. Approve $USDC spending

  5. Deposit $USDC

  6. Start earning rewards in $BERA and Henlo Boyco Points (These rewards come much earlier than in 3 months)

  7. Withdraw your deposit and Set & Forgetti rewards earned during the 3 months of staking

  8. Bon Appetitti!

Why deposit to S&F Vault?

  1. Get $BERA exposure 🐻

    Each Boyco pool is incentivized in $BERA.

  2. Get A LOT of $HENLO exposure 🐼👋

    You earn Henlo Boyco Points + Your non-BGT rewards from 3 months of staking are autocompounded into $HENLO

  3. Earn PoL Rewards through Set & Forgetti 🍝

    Your liquidity won't be just locked. It's going to earn and autocompound $BGT and other PoL rewards.

What is Set & Forgetti?

Set & Forgetti (S&F) is the easiest way to farm Berachain Proof of Liquidity (PoL) making it dead simple for lazy beras to earn and compound Berachain’s native liquidity rewards. Set & Forgetti automates the PoL farming process so that users can provide liquidity without needing to worry about harvesting their rewards or managing their liquidity positions–farm PoL with minimal fees and maximum convenience. Once a user has deposited, they can truly forgetti about it until they are ready withdraw.

Set & Forgetti, a Honey Jar Joint, also offers direct integration with The Honey Jar validator, enabling users to delegate their BGT rewards easily and seamlessly.

What is Henlo?

Henlo is a memecoin built by The Honey Jar, one of the biggest cult orgs in the Berachain ecosystem.

Henlo is more than just a memecoin; it’s the heartbeat of a new cultural wave on Berachain. By integrating with Berachain’s revolutionary Proof-of-Liquidity consensus model, Henlo turns every laugh, every meme, and every transaction into a part of the chain’s block rewards—making fun intrinsic to the ecosystem's growth.

What is Boyco?

Boyco is a Berachain's pre-chain liquidity-bootstrapping program built on top of the Royco Protocol. Boyco lets protocols ensure day one liquidity through incentivized liquidity vaults.

You can learn more about Boyco here: https://blog.berachain.com/blog/rfb-boyco

S&F Boyco Vault: https://boyco.berachain.com/market/1/0/0xaa449e0679bd82798c7896c6a031f2da55299e64c0b4bddd57ad440921c04628
Docs: https://docs.setandforgetti.io/
Website: https://www.setandforgetti.io/
X: https://x.com/0xhoneyjar
Discord: https://discord.gg/thehoneyjar




Loading...
highlight
Collect this post to permanently own it.
The Honey Jar logo
Subscribe to The Honey Jar and never miss a post.
#thj#0xhoneyjar#berachain#set&forgetti#boyco