Overview
BeraTrax is a mobile application designed to streamline interactions with decentralized finance (DeFi) on the Berachain blockchain. It enables users to effortlessly enter yield-earning vaults with a single click, making DeFi accessible to both newcomers and experienced users.
Key Features
- User-Friendly Access: BeraTrax allows users to sign in using social logins or connect their existing wallets. The platform provides gas coverage, automated swaps, liquidity pool (LP) creation, deposits, and auto-compounding, simplifying the DeFi experience.
- Beta Program: Currently available as a web-based beta, BeraTrax offers users the opportunity to explore its features on any device or mobile browser. The beta includes exclusive partner vaults from protocols like Kodiak, Infrared, Arbera, and Steer, with more integrations planned.
- BTX Points and Referrals: During the beta phase, users can earn BTX points based on the amount staked and the duration of staking. Additionally, a referral system allows users to earn extra points by inviting others to join the platform.
Tokenomics
- BTX Token: BTX is the upcoming governance token of the BeraTrax platform. Token holders will have the ability to direct rewards from validators, influencing the platform's development and operations.
- BGT Integration: BeraTrax aims to be whitelisted to provide BGT rewards from its vaults, in addition to passing through BGT rewards from other protocol pools. This approach offers users an additional source of BGT, enhancing the platform's value proposition.
Why BeraTrax?
- Seamless DeFi Experience: By automating complex processes and offering a user-friendly interface, BeraTrax lowers the barrier to entry for DeFi participation.
- Community-Centric Growth: The platform's referral and rewards systems encourage community engagement and expansion, fostering a vibrant ecosystem.
- Innovative Governance Model: With the introduction of the BTX token, users will have a say in the platform's governance, aligning interests between the developers and the community.
FAQs
What is BeraTrax?
BeraTrax is a mobile-optimized decentralized finance (DeFi) gateway designed to simplify interactions with the Berachain blockchain. It enables users to effortlessly enter yield-earning vaults with a single click, making DeFi accessible to both newcomers and experienced users
How does BeraTrax simplify DeFi interactions?
BeraTrax offers a user-friendly interface that allows users to sign in using social logins or connect their existing wallets. The platform provides gas coverage, automated swaps, liquidity pool (LP) creation, deposits, and auto-compounding, streamlining the DeFi experience.
What is the BTX token?
BTX is the upcoming governance token of the BeraTrax platform. Token holders will have the ability to direct rewards from validators, influencing the platform's development and operations.
How can users earn BTX points?
During the beta phase, users can earn BTX points based on the amount staked and the duration of staking. Additionally, a referral system allows users to earn extra points by inviting others to join the platform.
Does BeraTrax integrate with BGT rewards?
Yes, BeraTrax plans to provide BGT rewards from its vaults and pass through BGT rewards from other protocol pools, offering users an additional source of BGT.
How can I access BeraTrax?
BeraTrax is currently available as a web-based beta, accessible on any device or mobile browser. Users can sign in using a social login or connect their existing wallet to start exploring the platform's features.
