$BERA
+1.98%
$BGT
The BeraChain Flywheel $BERA Berachain found a way for liquidity pools on new DeFi apps to directly receive liquidity from validators through a staked token pool. As a staker, you could earn rewards from token inflation, trading fees, swap fees, and block capture fees—essentially a 4x reward boost. As a staker, I wouldn’t say no to such a reward boost. And as a DeFi project owner, I’d be happy to onboard my app to a blockchain infrastructure that directly takes care of my liquidity through validators. Thousands of DeFi apps will onboard to Berachain because they’ll get enough liquidity for their apps—liquidity that isn’t available on other chains. DeFi apps will pair their tokens against $BERA in native pools, driving protocol-side demand. DeFi apps will launch their tokens through a launchpad where retail participants will need to hold $BERA to access ICOs on Berachain. DeFi farmers will get massive pools of opportunities with three-digit APRs, driving more TVL to Berachain. Transaction fees on Berachain will be paid in $BERA, and Berachain will burn 100% of these fees while passing priority fees to validators, similar to Ethereum and Polygon. There will be a race to acquire $BGT tokens—$BGT being the staking and governance token for Berachain. $BGT will be non-transferable and non-mintable, and you’ll be able to redeem $BERA against $BGT. The only way to earn $BGT is by providing liquidity in liquidity pools. Since most liquidity pools will be paired against $BERA, you’ll need $BERA to earn $BGT, which grants a 4x reward boost through token inflation. The inflation rate of $BGT will be determined by governance. Validators can also bribe you to approve their desired token inflation toward specific liquidity pools. Once you stake your $BGT, you become part of the governance, earn bribes, and simultaneously receive token inflation rewards in $BGT and capture fees. The flywheel will goes Ooga Booga.
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