What happens when bulla and an OHMie have a one night stand?
Apiary.Finance is a treasury-backed protocol designed to perpetually accumulate $BGT (Berachain Governance Token) through Berachain's Proof of Liquidity (PoL). This is a joint collaboration project by The Bullas and Vase Finance.
Core Mechanics:
If $APIARY price > treasury backing -> yield is swapped into $APIARY and distributed to staked $APIARY
If $APIARY price < treasury backing -> 100% of yield is used to buy and burn $APIARY until $APIARY market cap is greater > the protocol treasury.