Berachain shares new Proof of Liquidity proposal with 33% incentives going to BERA rewards

“During the unstaking period, the unstaked BERA amount will not receive further rewards,” continued Smokey.

Smokey also noted several other tokens which have implemented similar models, which include HYPE (HYPE), ENA (ENA) and KAITO (KAITO). The model also supports LST staking, which would enable BERA stakers to earn validator rewards alongside yield from Proof of Liquidity.

When the proposal first went live, the mainnets native token BERA saw a sharp spike in value, reaching as high as $2.25. However, the high was short lived as it quickly corrected itself back to the borderline $2.00 to $2.10 range and has not recovered since.

Despite the brief jump, Berachain‘s token saw a surge in trading volume following the proposal’s release. In the past 24 hours, BERAs daily trading volume increased by 315.10%, indicating a renewed interest among traders who may be tempted by the promise of rewards that could come about for holders.

At press time, BERA has gone up as much as 1.8% in the past 24 hours. It is currently trading hands at a price of $2.05.