FAQs

Why was BurrBear created?

BurrBear is a "One Stop Stablecoin Shop" for the Berachain ecosystem, showcasing its' pools that are 20x more capital efficient for trading stablecoins (any kind of stablecoin backed by currencies, commodities, on-chain synthetic, anything tokenized or tracking market pricing from off chain etc).

BurrBear has built a novel DEX offering;

• Multi Stable Pools for the classic USD:USD type trades

• Our novel Burr Pools that are 20x more capital efficient for stablecoins (any kind of stablecoin backed by currencies, commodities, on-chain synthetic, anything tokenized or tracking market pricing from off chain etc).

• and of course the classic Generalized Pool (multi token constant product) that serves as arbitrage liquidity to rebalance the Burr Pools

What stablecoins does Burrbear support?

BurrBear works with global stablecoin issuers and projects to grow liquidity and yield for stablecoins. A comprehensive partner list will be announced in our socials.

What are Multi Stable Pools?

Multi Stable Pools are designed for assets that are either expected to consistently swap at near parity, or at a known exchange rate. Multi Stable Pools use Stable Math (based on StableSwap, popularized by Curve) which allows for swaps of significant size before encountering substantial price impact, vastly increasing capital efficiency for like-kind and correlated-kind swaps.

This pool typle also allows swaps to and from its own LP token. Putting its LP token into other pools (or "nesting") allows easy routing between nested pool tokens and tokens in external pools.

What are the trading applications for Burr Pools?

• any existing stablecoin (USDC, USDT, HONEY, DAI, etc)

• all future kinds of stablecoins (any kind of stablecoin backed by currencies, commodities, on-chain synthetic, anything tokenized or tracking market pricing from off chain etc - "RWA").

What are the trading applications for Multi Stable Pools?

• Pegged Tokens - tokens that swap near 1:1, such as two stablecoins of the same currency (eg: DAI, USDC, USDT), or synthetic assets (eg: renBTC, sBTC, WBTC)

• Correlated Tokens - tokens that swap near 1: with some slowly changing exchange rate , like derivatives (eg: wstETH, wETH)

What is BurrBear's official application?

BurrBear's official app domain is burrbear.io

We will never DM a user on Telegram, Twitter or on Discord first. Please do not interact with any UI that does not fall under our official domain.

Is BurrBear affiliated with projects it has forked?

The BurrBear teams are fans of what open source teams, such as Balancer, Curve, DFX and Xave have built, but are not officially affiliated with those projects. BurrBear is a Berachain community initiative to tap the growing narrative and demand in sync with Berachain's unique proposition of Proof of Liquidity.