Berps Vault
The Berps Vault, or $bHONEY Vault, is a Tokenized Vault allows users to deposit $HONEY, which is then borrowed by traders to create trades.
bHoney Vault Rewards
Users who deposit can expect to be rewarded in $HONEY from any of the fees generated by trades, and/or $BGT.
When a user depositors $HONEY, they are automatically given a corresponding amount of $bHONEY to represent ownership of $HONEY in the Berps Vault.
As long as a user has $bHONEY, any trading fees will be distributed to depositors at the time that they withdraw their $HONEY, which burns their equivalent in $bHONEY previously received.
If a depositor would like to qualify for $BGT rewards, they would need to stake their $bHONEY into another contract which would qualify them to receive $BGT whenever emissions is directed to the Berps Vault.
Learn more here about Depositing & Withdrawing $HONEY.
Berps Vault & PoL
The Berps Vault is also an eligible reward vault for Validators to distribute $BGT emissions to and is one of a few native Berachain dApps eligible at the start to receive $BGT emissions.