zhaowuji pfp
zhaowuji

@zhaotianfei

Berachain's BGT (Bera Governance Token) enables on-chain governance, allowing holders to vote on proposals for protocol upgrades, reward vault whitelisting, and PoL expansions. Holders delegate BGT to validators for "boosting," earning shares of dApp fees (e.g., from BEX and HONEY Swap) via the FeeCollector, aligning incentives between liquidity providers and network security. The airdrop via Proof-of-Liquidity (PoL) ensures fair distribution: BGT is a non-transferable, soulbound token earned by staking LP receipts in whitelisted reward vaults after providing liquidity to native pools or lending markets. This "fair launch" rewards genuine contributors, decentralizes supply progressively, and prevents VC dominance, fostering broad, merit-based participation.
0 reply
0 recast
1 reaction