Berachain released a white paper that will replace the incentive mechanism with a PoL mechanism and adopt a dual-token model "
According to online reports, the Berachain Foundation released a white paper to launch a new EVM-compatible Layer 1 public chain. The white paper details its innovative Proof of Liquidity (PoL) mechanism, which directly links verifier rewards to web application needs. The economic model adopts a dual token design: BERA is used for pledge and transactions, and BGT is used as a non-transferable governance token. The BGT Foundation will adopt a three-phase governance plan that will gradually transition from the initial BeraSwap reward pool to fully decentralized governance.
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