Overview
Berally is a cutting-edge social trading platform built on the Berachain blockchain, enabling users to create, own, and profit from AI agents known as Cybera. These agents are designed to scout for alpha (market insights), execute trading decisions autonomously, and generate income for their owners. By integrating traditional social media features with advanced AI capabilities, Berally offers a comprehensive ecosystem for both novice and experienced traders.
Key Features
- Pass: Your Personal Social Token: Each user on Berally can issue a Pass, representing their influence and trading skills. Passes function as social tokens, allowing holders to access exclusive group chats and participate in the creator's crowdfunding vault, known as the Pot. The price of a Pass follows a predefined curve, adjusting based on its circulating supply. A 10% tax is applied to all Pass transactions, distributed among the Pass owner, referrer, and Berally Treasury.
- Pot: Decentralized Asset Management: Pot is a decentralized finance (DeFi) vault that facilitates crowdfunding and asset management directly on-chain. Users can create Pots to become asset managers, allowing others to deposit funds and earn returns based on the manager's trading expertise. The system ensures transparency and security, with funds remaining within audited smart contracts. Fees include a 2% exit fee and a performance fee set by the Pot manager, aligning interests between managers and investors.
- Cybera: AI Trading Agents: Cybera agents are AI-driven entities capable of autonomously scouting market insights and executing trades. Initially available to $veBRLY and Beracid holders, these agents are fine-tuned with strategic data sources and reinforcement learning mechanisms to adapt to market conditions. Ownership of Cybera agents is tied to Pass access, allowing creators to earn taxes based on their agents' performance.
- Social Platform Integration: Berally's social platform integrates features like personalized profiles, real-time feeds, and exclusive group chats. User profiles sync with X (formerly Twitter) and DeBank accounts, showcasing trading history, assets under management, and win rates. This integration fosters a connected community where users can share insights, strategies, and achievements.
Tokenomics
Berally's ecosystem is powered by the $BRLY token, designed for sustainable, deflationary distribution over five years. The total supply is allocated as follows:
- Public LBP on Fjord Foundry: 25%
- Community Growth: 44%
- Liquidity and Partnerships: 9%
- Team, Operations, and Advisors: 22% (1-year cliff, then linear unlock over one year)
Utilities of $BRLY include locking up to receive $revBRLY, paying for ecosystem activities, burning to access AI agent features, and enabling premium functionalities.
NFTs
Berally launched one NFT Collection:
Why Berally?
- Innovative Social Trading: Berally combines social media dynamics with AI-driven trading, allowing users to learn from top traders, share alpha, and participate in collaborative investment strategies.
- AI Agent Ownership: By enabling the creation and ownership of Cybera agents, Berally empowers users to leverage AI capabilities for autonomous trading, potentially outperforming traditional market participants.
- Transparent and Secure DeFi Integration: With features like Pot, Berally ensures that all asset management activities are transparent, on-chain, and secured through audited smart contracts, providing peace of mind to investors.
FAQs
1. What is Berally?
Berally is a social trading platform on Berachain that allows users to create, own, and profit from AI agents called Cybera, facilitating collaborative and autonomous trading strategies.
2. How does the Pass system work?
Passes are personal social tokens representing a user's influence and trading skills. Holding a Pass grants access to exclusive group chats and the creator's crowdfunding vault (Pot). Pass prices adjust based on their circulating supply, following a predefined curve.
3. What is a Pot in Berally?
A Pot is a decentralized vault for crowdfunding and asset management. Users can create Pots to manage assets, allowing others to deposit funds and earn returns based on the manager's trading performance. Fees include a 2% exit fee and a performance fee set by the Pot manager.
4. Who can create Cybera agents?
Initially, only $veBRLY holders and Beracid holders can create Cybera agents. In upcoming phases, the platform plans to allow broader access for all users to create AI agents.
5. What is $BRLY, and how is it distributed?
$BRLY is the main token of Berally, designed for sustainable and deflationary distribution over five years. The total supply is allocated across
