Origami USDC Boyco Overview
Last updated
Last updated
10% of KAMI supply pro-rata for up to $69M USDC (Capped)
BERA (1.35x Multiplier in Bucket 2)
USDC (Original deposit amount)
The Origami USDC Boyco Vault cap has been reached! See you in Q5!
In the Origami USDC Boyco market (also known as Royco), USDC depositors will earn bKAMI valued at $69M FDV pro-rata according to the vault deposit TVL which is capped to $69M USDC (40% APR). Liquidity Providers in Boyco predeposit markets may also be eligible for additional BERA rewards. Official details about these BERA rewards can be found on the Berachain official blog.
bKAMI are non-transferable points that will be redeemable 1:1 for KAMI, which is slated to be the governance token for OrigamiDAO at TGE. Up to 10% of the KAMI token supply has been allocated for this Boyco campaign for up to a maximum of $69M USDC TVL.
Origami USDC Boyco deposits will be locked for 3 months and will be fully redeemable for the original USDC deposit amount at the end of the 3 months directly on Berachain. Any potential fees or slippage during the stablecoin LP unwinding process will be 100% covered by OrigamiDAO.
In exchange for the 3 month lock-up of USDC, Origami Boyco Depositors will earn:
10% of KAMI supply pro-rata for up to $69M USDC (Capped)
BERA (1.35x Multiplier in Bucket 2)
USDC (Original deposit amount)
All farmed BGT and iBGT will be retained by Origami Treasury to bootstrap its governance power on Berachain. The Origami Treasury is subject to DAO Governance.
The Origami Boyco USDC Manager contract is owned by a 2 of 4 multi-sig Gnosis with trusted signers from OrigamiDAO. The vault contracts have been extensively reviewed by independent security researchers. For more details and audit reports, please see our Technical Reference.
