What Is Berachain Bend? 🐻⛓️

Bend is Berachain's non-custodial lending protocol. Bend is centered around providing $HONEY utility to the Berachain ecosystem.

Borrowers can supply blue-chip assets as collateral and borrow $HONEY whilst earning $BGT. Conversely, $HONEY holders can deposit their tokens to earn lending interest from borrowers.

Here's an illustration of user interactions with Bend:

Berachain Bend can be found at https://bartio.bend.berachain.com/

TIP

$HONEY is the only asset that can be borrowed

Bend's design is inspired by Aave, a highly battle-tested and efficient lending protocol.