Reference
FAQ
Short answers to common questions.
General
Is it live?
Not yet. Get Berrier is pre-launch; contracts and the $BERRIER address are published at launch.
Can I be liquidated?
Not on a note. Both sides are fully escrowed. A Credit loan is a separate Morpho position and can be liquidated.
CARRY
What is the worst case?
A final close below the barrier: you receive stock at S0, which may be worth much less than your deposit, plus the coupons you earned.
Can I exit early?
Transfer or sell your leg, or borrow against it. There is no early redemption.
GUARD
Why do I post USDG as well as stock?
To prefund the maximum coupons. Whatever is not used comes back.
Mechanics
What price is used?
The Chainlink round at or just after the scheduled official close.
What if nobody runs the crank?
The series waits; anyone can run it later and the outcome is unchanged.
Token
Where does BERRIER value come from?
Fees buy it back and reserves set a redeemable floor. Its price can still fall.
Developers
Is there an SDK?
@getberrier/sdk is planned. Until then, use the interfaces with viem.