BurrBear: The One-Stop Stablecoin Shop on Berachain

Overview

BurrBear is a decentralized exchange (DEX) tailored for the Berachain ecosystem, specializing in highly capital-efficient stablecoin trading. By offering innovative pool structures, BurrBear enables users to trade a wide array of stablecoins - including those backed by currencies, commodities, and on-chain synthetics - with enhanced efficiency.

Key Features

• Multi Stable Pools: Designed for assets expected to swap at near parity or a known exchange rate, Multi Stable Pools utilize Stable Math (inspired by StableSwap) to facilitate significant swaps with minimal price impact. This design vastly increases capital efficiency for like-kind and correlated-kind.
• Burr Pools: Burr Pools introduce a novel approach to stablecoin trading, offering up to 20 times more capital efficiency compared to traditional models. By integrating Chainlink price oracles, Burr Pools provide market-accurate rates across a broader range of token ratios, accommodating both like-priced and non-like-priced assets.
• Generalized Pools: For more diverse token trades, BurrBear offers Generalized Pools (multi-token constant product), serving as arbitrage liquidity to rebalance the Burr Pools. This structure supports a wide range of token pairs, enhancing the platform's versatility.

Tokenomics

BurrBear's ecosystem is powered by the BURR token, with a total supply of 100 million. The token distribution is as follows:

• Public Sale: 20 million tokens allocated to early community backers during IDO and IEO events, with 100% unlock at Token Generation Event (TGE).
• Pre-Sale: 15 million tokens offered to launch partners and Printer NFT holders, with 10% unlocked at TGE and the remaining 90% vested linearly over six months.
• Ecosystem Fund: 4 million tokens allocated for grants to support the creation of custom pools, fostering innovation and ecosystem growth.
• LP Incentives: 20 million tokens reserved for liquidity providers, distributed linearly over eight years.
• Protocol Owned Liquidity: 6 million tokens contributing to protocol-owned liquidity via Yeet Bonds integration, distributed over 12 months.
• Team: 10 million tokens allocated to team members, with a three-month cliff and linear vesting over four years.
• Airdrop: 5 million tokens for early community supporters, with half streamed to Printer NFT holders over 15 months.
• Market Making: 10 million tokens to enhance liquidity and stabilize trading conditions on exchanges.

Source: https://docs.burrbear.io/tokenomics/tokenomics

Why BurrBear?

• Capital Efficiency: BurrBear's innovative pool designs allow for significantly higher capital efficiency, enabling substantial trades with reduced liquidity requirements. This efficiency benefits both traders and liquidity providers, optimizing returns and minimizing slippage.
• Diverse Stablecoin Support: By accommodating a wide range of stablecoins—including those backed by various assets—BurrBear fosters a versatile trading environment. This inclusivity attracts a broad user base and supports the growth of the Berachain ecosystem.
• Community-Centric Governance: BurrBear emphasizes decentralized governance, allowing token holders to participate in decision-making processes. This approach ensures that the platform evolves in line with the community's needs and values.

NFTs

BurrBear launched three NFT Collection:

• Printing BurrBeras (Berome Powells)
• The Bearet Yellens
• Beary Benslers

FAQs