This is the first time I've seen a protocol try to use PoL to its full potential.

They've never resorted to grifting, even when faced with significant challenges, and have never stopped building.

https://x.com/smileefinance/status/1927736050140512594?s=46

First, take your time to read the article, 
not only to understand how you'll make money but also to see how important Smilee is to Berachain.

Since the article is so well-written, I feel it would be pretentious and presumptuous of me to try to simplify it. 

Therefore, I will only highlight some key aspects to focus on.

To start, this is genuine engineering.

It's not your typical protocol update but an entirely new kind of LST (Liquid Staking Token) mechanism.

No more APY, no more auto-compounding; the money goes directly to bribing.

More bribes mean better APR and more effective use of BGT. Basically, take your BGT and do whatever you want with it.

Smilee

They are also introducing gFund.

I'm oversimplifying it, but think of it this way:
-You stake BERA.
-gFund treats this as a loan.
-They use that BERA in the most efficient way to generate returns for you, and the profits are used to increase bribes further.

To resume everything think of it like Smilee was tired of making eye contact with PoL and decide to dump PoS to ask PoL for a deepthroat