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

3d ago
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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.

Berachain is preparing a hard fork that will replace its dual-token incentive model with one centered on its main BERA token.

Set for Wednesday at 4 pm UTC, the hard fork will end Bera Governance Token (BGT) emissions and shift the network's incentive system to Wrapped BERA (WBERA), the Berachain Foundation announced in a Tuesday X post.

Following the upgrade, the network will distribute fixed amounts of WBERA instead of BGT as block rewards. The change replaces Berachain's previous dual-token model, which split the network's functions between the transferable BERA token and the non-transferable governance token BGT.

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3d ago
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bearish:

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