Proof of Liquidity
Proof of liquidity (PoL) is a mechanism that rewards users for their liquidity contributions to the Berachain ecosystem through native chain rewards, $BGT
. As the native dApp powering trading liquidity in the Berachain ecosystem, a number of BeraSwap pools will be eligible for $BGT
rewards.
Earning $BGT
The process for earning $BGT
through BeraSwap involves three simple steps:
Provide Liquidity: First, deposit liquidity into your chosen BeraSwap pool
Stake LP Tokens in Reward Vault: After providing liquidity, you'll receive LP tokens. Stake these tokens in the pool's staking contract
You can view and manage your staked positions in the reward vaults here: https://docs.berachain.com/vault
Whitelisting Pools for PoL Rewards
If you are a project that uses BeraSwap for your tokens' liquidity, you can apply to have your pool(s) whitelisted for $BGT
rewards. This process is conducted through Berachain governance, requiring a proposal to be submitted and voted on by $BGT
holders. More information will be provided on how to submit a proposal for whitelisting in the near future.