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Monteluna
@monteluna
Going through the Berachain POL v1.1 proposal. A short and sweet on first glance: 1. Cut BGT emissions as a whole. 2. Redirect some of the cuts into subsidizing major BERA pairs to drive removing BERA from the market and locking into LP (BERA-HONEY, BERA-wBTC, etc). 3. BGT boost incentives should only be in BERA, and take a cut of these incentives to be owned directly by the chain as Chain Owned Liquidity. It's like if the Ethereum Foundation took a page out of OlympusDAO and market made it's own DEX with an enshrined on-chain Aerodrome using the chain's native token. Do not be distracted by the Berabaddies anon. There's some good stuff on chain here. https://forum.berachain.com/t/pol-v1-1-bera-in-control/107
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gegè
@eichenkundiger
feel like bera is a good degen farm chain and cool to experiment due to POL design but I don‘t see how serious businesses will b building on top of it i.e. how it will get adoption outside of gamblers
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Monteluna
@monteluna
Time will tell. I think this is better than pure Ethereum since the chain is actually aligned with financial incentives to supply capital and grow liquidity. I really only supply funds to Aerodrome these days for lock reasons, but I have yet to see a good reason to supply liquidity on any other chain or L2. I also don't generally engage in memecoins or gamblefi. Just majors supplying LP to WETH pairs focusing on defi apps.
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gegè
@eichenkundiger
yeah, as a defi farmer myself, I really like what they are doing it's what drives crypto forward. it's what keeps mee excited thru all those years I would hope for the eth foundation to monitor it and think about implementing similar mechanics along the way. ethereum the protocol has all the activity already, it would have infinitely more impact than on another ghost chain
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Monteluna
@monteluna
Too late for ETH. The current POS stakers would never vote to drive their validator rewards to capital farmers. If you're a capital supplier, you could just move your capital to berachain today. It would be years before the EF would do anything for the financiers of Ethereum. They can barely keep the app developers happy.
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