First steps of the protocol

BeraFlowDao begins the technical implementation of the project, including the deployment of key components.

  1. BeraFlowDao accumulates funds in the treasury through the Gathering, issues $BFD on Berachain, and bridges the initially collected funds to Berachain.

  2. Distribute $BFD tokens: Initially, only Treasury receive $BFD to set up the $BFD-$HONEY liquidity vault.

  3. $BFD distribution to Gathering participants: The remaining tokens will be distributed to the participants of the gathering, this will happen right after Treasury will setup LP pool of $BFD-$HONEY

  4. Whitelist the vault through Bera governance: The liquidity vault will need to be approved through the Bera governance process.

  5. Validator boosting begins: Participants from Stage 2 who committed $BGT will start boosting the validator.

  6. BGT emissions distribution: The validator sends all boosted $BGT emissions to the $BFD-$HONEY vault.

  7. Treasury farming strategy: The treasury farms $BGT in $BFD-$HONEY pool and reinvests earned $BGT to boost the $BFD-$HONEY pool further.

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