🍀 @berachain just had some important updates.
We have all seen the limitations of Berachain PoL V1, where the utility of $BERA was not highly valued, and the cash flow in the ecosystem was lacking flexibility. The market's stagnation is also a factor that reduces attraction for users, but a significant change is inevitable.
And PoL V2 has been launched, with the main purpose of expanding the utility and demand for $BERA without altering the role of $BGT or disrupting the existing vault mechanism, allowing $BERA holders on both CEX exchanges and DeFi products to earn profits on-chain without needing a third party.
The V2 update also includes a buyback mechanism and converts other token incentives into $BERA, as well as a commitment to support LST Staking. Recently, $USDT has also been approved as collateral to mint stablecoins on the Bera network alongside $USDC and $BYUSD.
This news is expected to further boost $BERA. Are you holding this project?
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