Berachain, the innovative Layer 1 blockchain, has officially launched its PoL v2 governance mechanism on the mainnet. This update marks a significant shift in the distribution of incentives within the Berachain ecosystem. With the introduction of PoL v2, 33% of the Proof of Liquidity (PoL) incentives, formerly allocated to the Berachain Governance Token (BGT), will now be directly distributed to BERA token stakers. The remaining incentives will be automatically used for BERA token buybacks, aiming to bolster the value of the BERA token. Berachain states that "PoL v2 is designed with a structure that simultaneously strengthens token value and liquidity." The platform also plans to expand support for Liquid Staking Tokens (LSTs) in the future, further enhancing the utility and attractiveness of the Berachain network. This move is expected to incentivize BERA token staking and participation in the Berachain ecosystem. ```