Do $BERA stakers deserve some of the bribes and rewards that are now going fully to $BGT stakers seeing as the two balances have a multiplicative effect on the total $BGT emissions of the validator?
@NotNPH Not the take.
But if they meet some liquidity demand then yes, seems like it fits with the original idea of POL (incentives by bribes through validators as middlemen)
Single-sided-vaults have no place in native POL
That shouldn't be controversial
What the liquidity of your token is denominated in also doesn't change this
Stop crashing out!
How the new reward vault standards affect BeraPaw?
It doesn't really... We don't have protocol owned liquidity and we don't practice incentives recycling.
How it affects Berachain?
> Value will be better distributed across users, instead of protocol treasuries;
> A larger number of projects will be able to leverage Proof of Liquidity;
> More efficient incentive market order book;
> Clearer to everyone the purpose of a Reward Vault, and it's incentives schedule.
Stronger vaults. Better standards. Clearer alignment.
Welcome to Berabundance!
Interesting piece of token design which I dub (need a more positive term) "yield discrimination"
By giving one user incentives to hold a "yieldless" option other users earn a higher yield on the "staked" version of the same coin.
If done well both users are happy, gud flywheel
Yeet is the worst protocol in the whole world, in fact Iโve never seen such a disgrace in this space. Who honestly thought building a stupid ponzi was a good idea? People just throw away money for what? Worthless tokens man. They act like they have brains but in reality theyโre just a joke of a protocol. I mean who even calls themselves Lord Pemberton Squigglebottom, you really going to trust and put your money in that???
Took us some time to adapt to the final specs of @berachain mainnet but....
Devs be devving, native $BERA staking with trustless rewards is coming next week ๐
After that, 800%+ APR on staking $BGT
๐จ New Audit Alert ๐จ
@BeeBribes has posted a new audit bounty with a $1,700 reward!
BeeBribes is building a permissionless market for BGT liquidity incentives on Berachain ๐ปโ
Total nSLOC: 200
Looking for Solidity auditors
Check out the bounty now! Link below โฌ๏ธ
@0xxhofer@rob_inwoods We launched our testnet after RFA filing, no testnet rewards there because of that.
Might still do something with our RFA but we will follow the foundations guidelines.
Native staking of $BERA is largely unavailable to retail because of a 10k min stake requirement, validator custody and the inability to trustlessly get the rewards.
We are changing this.
Native staking from 100 $BERA and trustless rewards with minimal custody risk coming soon!
@0xxhofer@rob_inwoods We launched our testnet after RFA filing, no testnet rewards there because of that.
Might still do something with our RFA but we will follow the foundations guidelines.