Berachain launches proof-of-liquidity system

Berachain (BERA), an EVM-based layer-1 blockchain, is set to launch its proof-of-liquidity (PoL) system today, as reported by The Block. This system, marking the start of its on-chain governance, will initially distribute BGT, Berachain's governance token, to selected decentralized finance (DeFi) pools. Initially focusing on these liquidity pools, the plan includes future expansion into additional reward vaults beyond the initial decentralized exchange (DEX) pools. The PoL system enables users to supply liquidity while maintaining access to their assets.