Today, Wasabi Protocol announced a strategic partnership with Berachain, a new DeFi-focused Layer-1 blockchain network. The collaboration enabled the integration of the Berachain network into Wasabi infrastructure to bring Wasabi’s unparalleled offerings to Berachain users.
— Wasabi Protocol
Wasabi x @berachain
The Beras have arrived on Wasabi.
You can now trade and earn on your Berachain assets seamlessly onchain.$BERA and $HONEY vaults are now live, earning up to 300% yield with $BGT rewards. Unlock instant yield and Wasabi Points without fees, lock-ups,… pic.twitter.com/ywgiX98d5Q
Berachain rolls out Wasabi integration
Berachain is now integrated with Wasabi, an asset-backed leveraged trading platform for meme coins and NFTs. Wasabi enables users to trade long tail assets like NFTs and meme coins with leverage – with this platform, customers can short, long, and stake NFTs and meme coins.
The integration provides Wasabi’s unique offerings to Berachain customers, allowing them to interact with asset-backed derivatives for a broad variety of crypto products. Wasabi provides users with the security of owning tokens while allowing them to leverage those tokens, offering a unique approach to investing and transacting in the digital asset market. Its range of products enables users to stake, hedge, and trade tokens, earning returns and yields. This addition aligns with Berachain’s commitment to providing its users with innovative DeFi solutions and expanding options for crypto offerings.
By adding Wasabi into its network, Berachain continues to widen its presence as a comprehensive trading platform for crypto traders, investors, and enthusiasts. Through such partnerships, Berachain gains access to innovative networks that expand new possibilities within the DeFi landscape.
Market expansion
As a DeFi protocol, Wasabi functions in a dynamic and quickly advancing market. To efficiently position itself and gain market share, it focuses on market expansion through partnerships with other innovative blockchain projects and the expansion of product offerings.
Its expansion to Berachain is a crucial milestone for the DeFi leveraged trading platform. This enables it to pave the way for more liquid on-chain derivatives market, expanding its presence to more crypto users. As blockchain expands, alliances like Berachain and Wasabi are not just linking networks they’re redefining the foundation of next-gen DeFi ecosystem.
