After listening to community opinions and engaging in in-depth discussions with outstanding builders within and outside the Bera ecosystem, liquidity funds, veteran users, and large LPs.
We have formed the following v1.1 proposal regarding improvements to the Proof of Liquidity (PoL) system and how to better realize the value capture of $BERA:
For the complete proposal, please refer to the governance forum:
https://forum.berachain.com/t/pol-v1-1-bera-in-control/107
Core content of the proposal:
- Optimizing the allocation of incentive funds: Use the variable portion of BGT incentives to build permanent liquidity, including:
• Establishing BERA-HONEY/BERA-mainstream asset liquidity pools on BEX
• Staking $BERA to support validators for ecological projects
⁃ Targeted use of BEX fees: Strengthening liquidity construction for BERA mainstream trading pairs through an automatic incentive mechanism
⁃ Relaxing PoL participation standards: Lowering the entry threshold for new reward pools
We believe these improvements will:
- Fundamentally enhance the value capture capability of $BERA
- Expand the scope of protocols built around PoL (whether or not BERA is directly used)
- Increase the total revenue scale of incentives
- Maintain the asymmetric benefit advantage for BGT supporters and LST holders
We look forward to valuable feedback from the community. We are confident and hope to witness the Proof of Liquidity and Berachain develop into the ultimate accelerator for the application layer, and we look forward to the birth of the next industry-defining application on Bera.
