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Berachain hard fork to replace dual-token model with WBERA rewards

Covered by 3 sources · 3 articles

3 outlets - including Crypto-economy, Cryptobriefing and Cointelegraph - are covering this story. TL;DR: Berachain executes an upgrade that halts emissions of the non-transferable governance token BGT. The new system distributes fixed amounts of Wrapped BERA (WBERA) as block rewards. The network’s total value locked (TVL) stands at $56…

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Berachain Hard Fork Begins Shift to WBERA Rewards, Setting Stage for BGT Phase‑Out
Crypto Economy Jul 8, 22:27 UTC

Berachain Hard Fork Begins Shift to WBERA Rewards, Setting Stage for BGT Phase‑Out

TL;DR: Berachain executes an upgrade that halts emissions of the non-transferable governance token BGT. The new system distributes fixed amounts of Wrapped BERA (WBERA) as block rewards. The network’s total value locked (TVL) stands at $56…

Berachain hard fork replaces dual-token model with WBERA rewards
Crypto Briefing Jul 8, 10:33 UTC

Berachain hard fork replaces dual-token model with WBERA rewards

The hard fork's shift to WBERA rewards may centralize governance power, challenging the balance between economic and political influence.

Berachain hard fork to replace dual-token model with WBERA rewards
Cointelegraph Jul 8, 10:21 UTC

Berachain hard fork to replace dual-token model with WBERA rewards

Berachain launched the first stage of its PoL Next upgrade, which will phase out the BGT token and shift the network's reward system to WBERA.