Please find our clarifications and updates addressing the concerns raised:
Key Focus:
Driving revenue from the Bera ecosystem by enabling capital-efficient user activity.
Core Value Proposition:
Sumer enables users to loop correlated assets—such as iBERA, gBERA, BERA, iBGT, yBGT, lBGT, stBGT, and mBGT—with maximum capital efficiency, powered by our correlation-aware risk engine.
Primary Incentive Mechanism:
Our strategy is to incentivize user behavior that aligns with Bera ecosystem goals—specifically depositing, borrowing, and looping ecosystem-native assets.
Ecosystem Integrations:
With support for BERA staking withdrawals in plan, we will integrate BERA LSTs and BGT derivatives as collateral assets to help drive utility to native ecosystem tokens.
Utility for the Ecosystem:
By accepting major BERA and BGT derivatives as collateral and enabling capital-efficient borrowing and looping, Sumer has potential to be a composable building block for Bera-native DeFi activity. This supports greater asset utility and deeper liquidity within the ecosystem.
bSUMER:
The bSUMER Reward Vault is a action based incentive vault. It uses a dummy ERC-20 token to represent active user participation in borrowing/looping strategies. This token:
• Has no market value
• Requires no user interaction
• Is auto-staked on behalf of users to help them accumulate BGT rewards
• Resets weekly, based on pro-rata user activity in trailing week
• Allows BGT rewards to be claimed and delegated via the Hub
This model is inspired by and already live across other Bera ecosystem projects like bro.trade, Kuma, and Kettle.