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Berachain Joint Venture: HONEY is fully collateralized and will simplify the redemption process

According to online reports, in response to Berachain's failure to redeem HONEY to USDC for a long time, Berachain Joint Venture @SmokeyTheBera issued an article on the X platform saying that community members in the Asia-Pacific region are worried about HONEY collateral, but in fact HONEY is completely mortgaged. Currently, the collateral is mainly BYUSD (Bridge Paypal USD). If you want to redeem it, you can bridge it to ETH and redeem it in the Curve pool, or send it to CEX for direct redemption. This operating process will be simplified in the future.

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