Berachain to expand PoL rewards beyond BEX pools starting March 24

Berachain’s unique evidence of proof of liquidity will be officially posted on March 24, expanding the distribution of award beyond Bex pools to other applications and chests.

In an article on March 21 on X, Berachain Foundation announcement That his PO will be posted on March 24, with more boxes introduced into the reward pool.

Originally, Berachain (He) Pol was launched in Bex Pools only to distribute BGT to allow decentralized governance on the channel.

Now, from Monday, it will extend beyond Bex to more applications and chests, which means that they will also be able to win rewards. The first batch of applications for applications has already been approved. For the moment, the awards will be limited to the Dex pools, but new vaults and use cases will be approved from next week. For holders of the Berachain BGT governance token, this means that they will now be able to decide where the awards will go.

Berachain proof of liquidity proof

Berachain’s blockchain aims to resolve the disalcrading of incentives in the blockchains of proof of bet. In a typical POS Blockchain, users must lock their tokens to secure the blockchain and earn awards for jealizing. Although crypto locking is good for safety, it is bad for the blockchain economy because it means that less crypto is used in applications and transactions. Consequently, users simply prefer to mark their assets to get rewards to use DEFI applications built on the blockchain.

Berain Was built to resolve this dilemma between security and DEFI activity through his novel Police consensus mechanism. In a typical POS blockchain, the validators obtain awards to validate transactions and transmit part of these awards to their delegates according to their issues. However, on Berachain, validators must allocate most of their rewards – which are won in BGT – at the safe of the application of the application rather than keep everything for them. This encourages requests to bribe the validators – generally in the form of their native tokens – to encourage them to send them more BGT. The end result is a competitive environment where validators are encouraged to support the best applications.

Meanwhile, the Berachain Bera token is negotiated at $ 6.35, down 57% on its summit of $ 14.99 set on February 6 when it was launched. Since he crashed his post-launch peak About $ 4 in a few days, the price has evolved laterally in the range of about $ 4 to $ 5 to a bullish escape at $ 9 between February 18 and 21, supported by an increase in volume. The momentum continued at the beginning of March, the price culminating $ 9.2 before facing the resistance, then retreating. After that, the price gradually deniedStabilizing around the level of support of $ 6. The volume has also decreased, suggesting that traders are waiting for the next catalyst.