**Stride liquid staking for Berachain is now live 🎉**

Berachain's gov token, BGT, is non-transferable. Meaning you can't trade it or use it as collateral. All you can do is stake it.

So today we're introducing stBGT, our liquid wrapper for BGT.

**Check out stBGT here 👉 ** <https://bera.stride.zone>

Or keep reading for a a quick explanation of how stBGT works 👇

Users who supply liquidity on Berachain receive BGT as a reward. But since BGT is non-transferable, it's impossible to directly convert to stBGT. Instead, if you want to get stBGT you have to 1) supply liquidity, then 2) deposit those LP tokens into a Stride vault. When you deposit Berachain LP tokens into a Stride vault, you will receive your BGT rewards as stBGT.

Or if you like, you can simply buy stBGT from [Beraswap](<https://hub.berachain.com>).

Once you have stBGT, you can do many things with it. Stake your stBGT to earn staking rewards Pair with BERA and LP the stBGT/BERA pool on Beraswap. Use it as collateral to borrow against (integrations soon!) At any time, convert stBGT 1:1 to BERA

**Now about that airdrop...**

In order to bootstrap stBGT, 200,000 USDC will be airdropped to early users.

200k USDC will be airdropped in 75 days.

To earn points for the drop, LP the stBGT/BERA pool on BEX and deposit LP tokens in the Stride vault.

Users earn points proportionate to stBGT/BERA LP tokens, 200k USDC evenly distributed to points holders.

For complete airdrop details, see blog post 👉 https://www.stride.zone/blog/the-200k-usdc-points-program-for-stbgt