🔸 Next Monday, @berachain will enter the Governance Phase1 phase, and the PoL flywheel will be officially launched.
🔸 Although BearChain went live on mainnet in early February, until now, PoL is only in the Phase0 phase, as only 5 official pools can mine BGT.
🔸 And on 03/24, the BGT mining pool of Eco Dapp will be activated, which means:
✅ Eco-Dapp can provide "token incentives" for its own BGT mining pools.
✅ Validators can earn this incentive by staking BGT into the mining pool of the ecological Dapp.
✅ Users can mine BGT in the mining pool of the ecological Dapp, and group the corresponding ecological coin LP.
✅BGT holders can receive additional dividends from validators on token incentives for ecological Dapps.
To put it simply, Berachain will officially take off from next Monday, and you can keep an eye on the price of $BERA.
🔻 The approved list of the first batch of mining pools will be announced tomorrow, so let's talk about which pools and ecocoins should be looked at.
As new BGT mining pools emerge, the current BGT mining landscape will also change.
This is because validators can choose to release the BGT generated into the new BGT mining pool. Therefore, we can expect the APR of the current 5 official mining pools to decline.
So which pools will validators send BGT to? Validators are logically driven by "profits" and tend to discharge BGT to mining pools that "give the most token incentives".
We searched the BearChain Governance Forum for the incentive proposals submitted by various projects, and listed the top 16 protocols with the largest token incentives - their LP pools may receive the most BGT output.
The specific token incentive details are placed at the end, and if you are too lazy to read it, you can directly read the summary part.
Briefly:
▪️ @OlympusDAO For OHM/BERA AND OHM/HONEY, more than 100,000 U per week is incentive.
▪️ @KodiakFi WBERA and HONEY/WETH/WBTC/Yeet four large pools, each pool will give users about 3~45,000 U per week incentive + 50% pool fee.
▪️ @InfraredFinance provides about 37,500~75,000 U per week for its iBERA/BERA and iBGT/BERA.
▪️ @BullaExchange, @moneygoesburr, and @0xBeraPaw can also provide their BERA/IBGT, wgBERA/NECT, HONEY/NECT/USDC, BERA/LBGT with weekly token incentives worth tens of thousands of U.
▪️ Most of the above pools are located on Kodiak, so expect the protocol to receive a lot of TVL.
▪️ Follow $OHM / $IBERA / $IBGT / $YEET / $wgBERA / $LBGT Ecocoin, DYOR, non-investment advice.
🔗 You can view all Reward Treasury proposals here:
Weekly protocol incentives for reward vaults by project (top 16)
Calculation: BERA=6U, ETH=2000U, BTC=85,000U
1/Kodiak (OHM/BERA): Total budget for FY2025 is 2 million OHM (up to about 840,000 U per week)
2/ Kodiak (OHM/HONEY): 69,000 OHM in the first three months (about 5,750 OHM per week, 126,000 U)
3/Kodiak (wBTC/eBTC): 1 wBTC per week (about 85,000 U)
4/Kodiak (wETH/weETH): 25 wETH per week (about 50,000 U)
5/Kodiak (WBERA/HONEY): Up to 7,500 per week
BERA+50% pool transaction fee (about 45,000 U+)
6/BEX (WBERA/iBERA/STABEL): The total budget is 150,000 BERA and iBERA. (If calculated according to 12/24 weeks, it is about 37,500 U~75,000 U per week.) )
7/Kodiak (BERA/iBGT): The total budget is 150,000 BERA and iBERA. (If calculated according to 12/24 weeks, it is about 37,500 U~75,000 U per week.) )
8/Kodiak (BERA/iBERA): The total budget is 150,000 BERA and iBERA. (If calculated according to 12/24 weeks, it is about 37,500 U~75,000 U per week.) )
9/Kodiak (WBTC/WBERA): Up to 5,000 BERAs per week + 50% of the pool transaction fee (about 30,000 U+)
10/Kodiak (WETH/WBERA): Up to 5,000 BERA per week + 50% of the pool transaction fee (about 30,000 U+)
11/Kodiak (YEET-BERA): Up to 5,000 BERA per week + 50% pool transaction fee (about 30,000 U+)
12/Kodiak (USDa-sUSDa): 25,000 USDC per week for 52 weeks.
13/Bulla (BERA/iBGT): 30% weekly fee distribution (about $15,000) indefinitely
14/Burrbear (wgBERA/NECT): 1225 BERA per week, 1225 wgBERA per week for 7 weeks. (Total approximately $14,700 per week)
15/Burrbear (NECT/HONEY/USDC): about 2,000 BERA (about 12,500 U) per week
16/Berapaw (BERA/LBGT): 1500~2500 BERA per week, 500-1500 LBGT per week (about 12,000 U~24,000 U in total)
Show original
17
5.19K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.