Blueberry provides next-gen tools for DeFi yield strategists to enjoy new on-chain capabilities and access more capital. Blueberry's innovative "position NFTs" combine a user's collateral, debt, and deployment into one position, allowing borrowing of 1000% LTV or more while maintaining a healthy system. Positions are sent to liquidation at a -85% or -90% PnL depending on the collateral supplied, protecting lender capital.
In the documentation, we will guide you through an overview of Blueberry, its core features and functionalities; including leveraged yield farming and lending, as well as a guide to using the protocol.
If you still have any questions after reading the documentation, please see the FAQs section or hop into our discord server.
Why Build Blueberry?
DeFi is hamstrung by a lack of on-chain hedging and leverage capabilities, forcing users to rely on centralized solutions with counterparty risk. Blueberry seeks to bring as much capability as possible on-chain with an improved user experience. The protocol also seeks to level the playing field for liquidity provision, allowing anyone with a web 3 wallet to perform sophisticated Liquidity Provision strategies like a market maker.