Search results for "BGT"

The BGT allocation data for the Berachain PoL expanded BeraSwap trading pairs has been released.

Gate.io News bot, according to Wu Shu, after the expansion of Berachain PoL to Reward Vaults, the five trading pairs initially set up by the official BeraSwap have significantly reduced their validator BGT allocation ratio due to the lack of bribery incentives. The specific data shows that the total BGT allocation of these five trading pairs is 6.69%, and the individual trading pairs are 0.26%, 0.26%, 2.87%, 1.65% and 1.65% respectively. The yield on two of these stablecoin pools dropped to 3.3%. Data also shows that the OMH-Honey LP received the highest BGT allocation ratio, reaching 34%. Among the 55 Reward Vaults currently running, 37 maintain a bribery incentive mechanism, with total incentive funds reaching 4.48 million USD, and 1.02 million USD has been distributed. The total value of the BGT allocation obtained through these bribery incentives reached 5.6 million USD, with a bribery return rate of 5 times.
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Berachain releases White Paper, which will replace the incentive mechanism with the PoL mechanism and adopt a dual token model

The Berachain Foundation is launching a new Layer 1 public chain that is fully compatible with EVM. It adopts the Proof of Liquidity (PoL) mechanism, where validator rewards are linked to network application demands. The economic model uses a dual-Token design, with BERA used for stake and transactions, and BGT as a non-transferable governance Token. The Foundation will gradually transition to complete decentralization governance.
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Berachain White Paper: Aligning the value of the network with the value of the Application Layer through a dual-token model and reward distribution mechanism

Berachain Foundation releases Layer 1 blockchain White Paper, aiming to align the value of the network with the value of applications through the Proof of Liquidity (PoL) mechanism. In terms of the economic model, BERA is used for staking and trading, while BGT is used for governance and rewards. The PoL mechanism ensures the security and decentralization of the network by adjusting the Boost of validators to control inflation.
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Berachain Foundation: PoL will go live on March 24, and governance enters the first phase.

PANews March 21 news, the Berachain Foundation announced that PoL (Liquidity Proof) will officially go live on March 24, governance will enter the first phase, and the incentive mechanism will begin to take effect, with a new reward pool being distributed. This change means that BGT holders will have more control and profit opportunities, deciding the flow of incentives to support users, applications, and validators' incentive distribution.
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Stride announces expansion to Berachain and launches Liquidity Tokens BGT

BlockBeats News, on September 27, Cosmos ecosystem Liquidity stake protocol Stride announced its expansion to Berachain. Due to the non-transferability of Berachain's governance token BGT, Stride has launched its Liquidity version.
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