Overview
NotInterpol is a decentralized project focused on securing liquidity in DeFi ecosystems, specifically on Berachain. Its main product, InterPoL, is a platform offering governance-controlled liquidity lockers to ensure secure liquidity management, aiming to reduce rug-pulling risks and enhance user confidence in liquidity positions. InterPoL allows developers and liquidity providers to securely lock liquidity while retaining the benefits of staking.
Key Features
Rug-Proof Liquidity Lockers
InterPoL employs a mechanism called “rug-proofing,” which allows liquidity providers to lock their tokens securely, reducing the risk of exit scams or rug-pulls. The lockers support flexible configurations, including permanent locks, ensuring long-term security in liquidity management
Customizable Lock Periods
Users of InterPoL can choose between different lock durations to tailor their liquidity management strategy. The system offers both temporary and permanent locks, giving projects and users options based on specific goals and the level of security they require
Integration with Berachain’s Proof of Liquidity (PoL)
InterPoL leverages Berachain’s Proof of Liquidity (PoL) framework, providing users with access to yield-generating opportunities on locked liquidity. By participating in PoL, users can manage liquidity positions for rewards within the broader Berachain ecosystem. InterPoL facilitates this integration with options to create liquidity lockers and stake LP tokens
BGT Rewards and Delegation
The platform issues rewards in Berachain’s native token, BGT, which can be earned through staking LP tokens. Users also have options for BGT delegation, allowing them to increase their yield by assigning tokens to validators. Boost options on delegated BGT further enhance rewards, creating a dynamic ecosystem for liquidity managers
Platform Tools and Integrations
Honey Locker and Honey Queen
The Honey Locker tool is a specialized feature for managing and migrating liquidity. Users can easily integrate staking contracts and manage liquidity across protocols. Honey Queen acts as the DAO-regulated component, maintaining the whitelisting of approved protocols, gauges, and actions available for InterPoL users, thus enhancing the platform’s governance structure
Partner and Staking Protocol Integrations
InterPoL collaborates with several DeFi and liquidity platforms within Berachain, such as Ramen Finance, Memeswap, and Honeypot Finance. These integrations streamline liquidity management and enhance user experience with cross-platform liquidity operations
Usage and Developer Access
InterPoL is open for developers and individual users. Setting up a liquidity locker is straightforward through its app, requiring only a token deposit and lock period configuration. It also supports arbitrary function execution, allowing custom interactions with specific protocols for optimized staking and liquidity strategies. Developers can use InterPoL’s APIs for seamless integration with their projects and to automate aspects of liquidity management
Governance and Security
The InterPoL ecosystem is overseen by Honey Queen, a DAO-regulated entity that manages protocol integration, ensuring a secure and transparent environment for liquidity lockers. Honey Queen’s governance model allows the community to participate in whitelisting decisions, strengthening the security and robustness of InterPoL’s offerings.
