Berachain’s ‘Proof of Liquidity’ Goes Live Today, Governance Proceeds to Phase 1
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The PoL activation kicks off the distribution of rewards to newly created reward vaults – smart contracts where users can deposit their PoL-eligible assets to receive BGT rewards.
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Berachain, an EVM-based Layer-1 blockchain, has initiated a significant change in its operational structure, activating its proof-of-liquidity (PoL) system and progressing to Governance Phase 1 on March 24.
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Unlike traditional PoS systems that primarily reward validators, Berachain’s PoL directs network incentives towards the crucial goal of enhancing ecosystem liquidity
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