We love memecoins. We love Defi. We love NFTs. What if we took the best of these, mashed them together, and created a new category in itself?

Introducing “hybrid liquidity”, a newly created token standard to enable liquidity in multiple forms. Exclusively built on Berachain.

Note: DYOR, NFA, but remember, the bears on the internet are always right anon.

“Check your wallets”

“Time for CTO!”

“The founder has died”

“Steady lads”

“3,3” “6,6” “9,9” “69,69”

Crypto is marked with iconic, euphoric-inducing milestones and announcements, sparking unprecedented excitement during their time. Our memories are filled with the joy and craziness of those periods, where we truly believed that web3 would

make us a millionaire save the world,

make us a billionaire cure cancer, and

make us a gabillionaire rid the world of poverty.

Make our families gabillionaires too All at the same time.

Yet now, we’re painfully aware of the flaws in certain designs. NFTs generally lack liquidity. Defi protocols by and large lack community. Memecoins – purely memes, lack utility.

All these fall prey to the bear market in their own ways, unable to sustain the attention they initially commanded.

But yet, we love Memecoins, aping into a token, its “fair” distribution, its 100x from launch. We love Defi, its 1000% APR, looping and stacking yield. We love NFTs, the community, the exclusiveness, the drops and utilities.

So that’s where we started, and fantasized: what if we put them together, in one, glorious, token standard?

Introducing Bonzi404 – an experimental hybrid-liquidity token standard. One standard to rule them all.

Bonzi404 is a token standard designed to allow projects to enable liquidity, utility and build community (through scarcity), modularly through three separate components:

As an interchangeable Token to NFT standard, its swap rate is intermediated by a conversion pool which can be customized to dynamically adjust the rate of exchange between the token and NFT standard.

Its design its modular in nature, offering projects the ability to:

·         Use the token standard to enable liquidity (standard activities like yield farming, trading on DEXes, Perps dude just use it for Berachain’s POL retardio).

·         Use the NFT to build up your cult and identity.

·         Use the Conversion Pool to introduce Defi mechanics and rewards to your holders (offering more flexibility than the other 404 standards which only have a fixed exchange rate)

We say, Bonzi404 enables you to build and stack native liquidity, native utility, and native scarcity, all in one standard.

How so? We say, Yes We Can.

Native Liquidity – a token component for deeper liquidity

In its simplest form, having an interchangeable token standard gives your NFT holders deeper liquidity, enabling more efficient trading and price discovery.

Yes, a project could release a separate token altogether, but that often leads to liquidity fragmentation or an inconsistent treatment between token and NFT holders (hello apes).

Bonzi404 combines both the NFT and token standard in one single standard, ensuring that value accrual to token and NFT holders are aligned and consistent.

Plugging the token component into standard Defi protocols like DEXes, Perps etc provide greater liquidity options for holders altogether, allowing easier discovery and access.

Native Utility – use cases for both the NFT or Token standard

Bonzi404 being a dual NFT/token standard means that a project has a wider range of options in offering utility to their holders.

With NFTs, you have the native utility to plug into GameFi protocols, create “membership” access tiers, build identities with a PFP, and identify core supporters.

At the same time, unlock immediate financial utility by allowing the token component to be traded on DeFi platforms. Enable lending and borrowing, yield farming, leverage trading etc.

Deposit into an LP on KodiakFi, stake on Beradrome to earn $oBero.

Swap to $IRED, lock it to $VIIRED, and accept bribes.

Use bribe revenue to earn $BERA, and Yeet it away.

Lend it on GummiFi, loop it 69x, get levered to the tits, and take the yield to go long on IVX.

Yes, we get carried away, but with the Bonzi404 standard, anything is possible. Particularly so on Berachain with POL, you can now provide compounded utility to holders in multiple ways.

Native Scarcity – reward and build your community

Can current 404 standards provide similar benefits? Somewhat, but one key innovation with Bonzi404 is its dynamically-managed swap rate (by means of the conversion pool component).

Why? How? What?

Intermediating a dynamic swap rate opens up the design space to reward holders, allowing different types of incentives to accrue to different holders by toggling price and total supply.

For example, consider design choices for a project wanting to introduce deflationary reflection by redistributing transaction revenue to holders. Traditionally, this is achieved by a direct airdrop or a buyback and burn mechanism, but now, projects can instead redirect this revenue to the conversion pool to algorithmically increase the swap rate as they wish.

The conversion pool intermediation also means future-generation NFTs (or seasonal NFTs) can be released (increasing supply) without financially diluting genesis NFT collections (disinflationary expansion). Since the conversion pool enables a pre-determined swap rate between the Token and an NFT collection, as long as the same token pool is used, price for the genesis collection effectively be kept constant, while releasing a second generation with its own pre-determined swap rate.

In short, Bonzi404 allows you to natively control and manage scarcity by managing the conversion pool component, dynamically adjusting token supply and NFT supply as needed.

Hybrid liquidity is a paintbrush for infinite economic games.

Bonzi404 was designed with the vision of taking the best of memecoins, Defi, and NFTs, to create a new category on Berachain, to have one single token standard to rule them all.

In the coming months, we’re excited to release a series of experiments based on the Bonzi404 standard, to showcase its potential, and will be releasing more information on how exactly we’re plugging into the Berachain ecosystem.

Build your community, as if you had NFTs.

Loop that shit, earn that yield, as if you had full access to all Defi protocols.

Introduce whatever deflationary (or inflationary) economic mechanics or incentives you want as you swap between token and NFT.

Enable liquidity at every level, to design the best of all Bonzis.

Welcome to hybrid fucking liquidity, Bonzi404, a new token standard to enable infinite economic games, exclusively on Berachain.

[Disclaimer: Bonzi404 is experimental in nature. While you may make generational wealth because of its novelty and ambition, you may also lose all the money in such experimental projects. Please manage your risk accordingly.]