Berachain rolls out next phase of proof-of-liquidity system

Berachain deploys the next phase of his system of proof of liquidity, expanding governance and emissions beyond his native Bex pools.

So far, only Berachain (He) Native exchange, Bex, was used to distribute rewards. Other decentralized requests may request incentives through new reward chests from March 24, according to Berachain official announceNt. This will help them develop by drawing liquidity.

The liquidity swimming pools of several decentralized financing platforms were included overall the corners, with more later to add. This opened a more transparent system where users have more control over how incentives are allocated and projects compete for the awards.

With the POL de Berachain model, the active ingredients remain active in DEFI, unlike traditional blockchains of the proof of assistance, where users lock the tokens for security. Network activity is limited in POS systems because marked tokens are often not available for loan or trading.

The system used by Berain Ensure that the validators refer rewards to the network rather than keeping them. The applications that stimulate activity on blockchain and help its growth receive these awards. The governance token, BGT, gives holders the possibility of voting on validators and projects receives support, thus determining how these awards are distributed.

The first approved chests focus on Dex liquidity pools, which allow users to easily exchange tokens. These pools were selected according to their liquidity, their safety and their importance for the network. The pairs of liquidity on Bex, Kodiak, Beradrome and other protocols featuring key assets like Bera, Honey and BGT, as well as the main Stablecoins, are among the first approved vaults.

Beraines has cultivated Quickly since the launch of its main network on February 6. The platform now has $ 3.1 billion in total locked value and nearly a billion dollars in stablescoins in circulation. The negotiation volume in February was only $ 1.9 billion, according to Defilma data.

Following launchBera reached a record summit of $ 18.82 before falling within its current $ 6.03 to $ 6.93. The network has an entirely diluted volume of $ 3.37 and a market capitalization of $ 728 million on March 24. The new governance initiative is expected to attract more users and contribute to more in -depth growth in blockchain.