Transformation from logistics manager to blockchain expert
Lao Mo, 43 years old, is a typical 'slash-generation' individual. During the day, he is a department manager at a logistics company, responsible for coordinating warehousing and transportation; at night, he is a blockchain investment enthusiast, keen on researching various emerging projects. He is slightly overweight, has dark skin, and spends his years shuttling between warehouses and offices, always wearing a shrewd yet easy-going smile. Lao Mo's friends all know he is a 'hands-on' person who can find extraordinary opportunities in ordinary life.
Lao Mo's journey in blockchain began in 2019. At that time, he and a friend opened a small supermarket, but business was struggling due to the impact of the pandemic. By chance, he heard his friend mention the soaring stories of Bitcoin and Ethereum. At first, he didn't believe it, but with a mindset of trying, he bought some Bitcoin. Unexpectedly, a month later, his investment doubled. This experience completely drew Lao Mo into the circle, and he began to study blockchain in his spare time, gradually transforming from a novice to a somewhat well-known investment expert.
A WeChat message opens a new world
That morning, Lao Mo had just returned from the warehouse and was sitting on his home balcony drinking tea. Suddenly, his phone rang, and it was a message from his old friend Lao Li: "Mo Ge, have you heard about Berachain and Lista DAO? They've recently launched a collaborative project with good returns that's suitable for experienced players like you."
Putting down his teacup, Lao Mo immediately opened his computer and began to carefully study this project. As an experienced blockchain investor, he quickly discovered the unique aspects of this project.
"The design of the Berachain Vault project is very clever," Lao Mo wrote in his investment notebook. "It not only solves the liquidity problems of traditional DeFi projects but also enhances user participation enthusiasm through a triple reward mechanism."
Detailed homework by tech-savvy investors
Lao Mo particularly noticed Berachain's technical architecture. It is an emerging Layer 1 public chain that uses an innovative Proof of Liquidity (PoL) consensus mechanism, operating with a three-token model: BERA for paying gas fees, liquidity tokens for mining, and a stablecoin NECT. This design reminded Lao Mo of his early experiences with Ethereum, but it was clearly more refined and complete.
At the same time, it features the 'Proof of Liquidity' (PoL) mechanism. Traditional blockchain verification mechanisms are divided into two categories: Proof of Work (PoW) and Proof of Stake (PoS). PoW requires a large amount of computing power, such as Bitcoin mining; PoS requires users to stake tokens to become validators, like the mechanism after Ethereum's transition.
The PoL model of Berachain is entirely different. It requires users to provide liquidity (such as depositing tokens in decentralized exchanges) to become validators. The advantage of this mechanism is that:
Lowering entry barriers: Users do not need high-performance devices or large amounts of tokens, just provide liquidity to participate.
Dual earnings: Users can earn transaction fees from providing liquidity and additionally earn on-chain rewards through validating nodes.
Ecosystem stability: The PoL mechanism can effectively enhance the liquidity of funds on-chain, attracting more users to participate.
The ecosystem of Berachain also includes multiple modules, such as decentralized lending platforms, liquidity mining tools, and a token model focused on on-chain governance. These modules together form a high-efficiency and sustainable blockchain ecosystem.
Lao Mo's old friend Lista DAO is a decentralized autonomous organization composed of a group of experienced DeFi developers and community members. Their goal is to provide simple and easy-to-use DeFi tools for ordinary users, lowering the entry barriers. This time, Lista DAO and Berachain collaborated to launch a cross-chain vault, specifically addressing the challenges faced by non-Ethereum users in participating in the Berachain ecosystem.
The core function of the cross-chain vault is to help users transfer assets between different chains. For example, BSC users like Lao Mo can seamlessly convert assets on BSC (like BTCB) into the tokens required by the Berachain ecosystem through the vault. All of this is done through the smart contracts of Lista DAO, requiring users only a few steps to complete the cross-chain operation.
In addition, Lista DAO’s vault also offers some additional incentive measures, such as:
Reward tokens: Users participating in the vault can receive additional LISTA tokens issued by Lista DAO for community governance or trading.
Security assurance: The vault's contract has passed security certification from a well-known auditing agency, ensuring the safety of user assets.
Low fees: Compared to traditional cross-chain bridges, Lista DAO's vault significantly reduces fees, saving costs for users.
While drinking tea, Lao Mo nodded: "This PoL model of Berachain is indeed interesting; it is more flexible than traditional PoW and PoS. The cross-chain vault of Lista DAO is even a tailor-made tool for us BSC users, saving a lot of trouble."
He then studied the project's reward mechanism and token economics, discovering that the collaborative project between Lista DAO and Berachain not only has considerable returns but also relatively controllable risks. The design of the vault is very transparent, allowing users to check the flow of funds at any time, and the rules for reward distribution are clearly defined.
"Today's projects are increasingly focused on user experience," Lao Mo murmured to himself while looking at the computer screen. "In the past, participating in new projects often required complex operations; now, just depositing BTCB allows automatic participation in the entire ecosystem."
An enticing plan with triple rewards
When checking the project details, Lao Mo was deeply attracted by the triple reward mechanism. Through Berachain Vault, users can receive:
Native token rewards of Berachain ($BERA)
Governance token rewards of StakeStone (up to 1.5%)
Ecological rewards of LISTA
Especially when he saw that the first batch of participating users could also receive an additional reward of 150 STO tokens, he immediately marked it as important in his notebook.
"This time point is crucial," Lao Mo said in the group. "According to official news, user points can accumulate until April 14, when they can be withdrawn. This gives us enough time to observe the project's development."
Data speaks for itself
What interested Lao Mo even more was that the project's TVL (Total Value Locked) had exceeded $1 billion. "This data indicates that the project has gained market recognition," he analyzed in the group, "and the addition of Lista DAO and StakeStone has brought more credibility to the project."
After a whole day of research, Lao Mo decided to participate in this project. However, he did not immediately invest all his funds but instead deposited a small amount of BTCB for testing. "Every new project must be approached with caution," he often says, "no matter how good the opportunity, risk must be controlled."
Three-dimensional monitoring by professional investors
In the days that followed, Lao Mo closely monitored the project's progress. He paid special attention to three aspects:
The development of Berachain's ecosystem, especially the situation of new project additions
The value change of StakeStone's governance token
Community activity of LISTA
"Contemporary blockchain projects must not only focus on returns but also on the ecosystem," Lao Mo shared his experience in the group. "A good project must have a balance of technology, economic model, and community."
Conclusion
This cautious and professional investment attitude is precisely why Lao Mo has been able to establish himself in the blockchain world for so long. For him, each project is a learning opportunity, not just a tool for making money. Through the Berachain Vault project, we see the continuous innovation and progress of the DeFi ecosystem, as well as how investors like Lao Mo participate in blockchain investment with a professional perspective and pragmatic attitude.
In the world of Web3, opportunities coexist with risks. As Lao Mo says: "Investment is not only a technical skill but also an art. Understanding how to balance risk and reward is key to going further in this opportunity-filled field."
Opportunities in blockchain do not only belong to technical experts; as long as one is willing to learn and dare to try, anyone can find their own blue ocean.
