Berachain Introduces Novel Proof-of-Liquidity Consensus Mechanism
Berachain, a new EVM-compatible L1 blockchain, introduces Proof-of-Liquidity (PoL) - a novel consensus mechanism that combines network security with liquidity provision. The system uses two tokens:
- $BERA: Native gas token for security
- $BGT: Governance token for liquidity providers
Key features:
- Validators can stake multiple tokens as liquidity
- Integrated BeraHub for swapping, bridging, and LPing
- $150k BERA rewards available through Euler markets
The ecosystem incentivizes participation through an Incentive Marketplace where protocols can reward users with native tokens for interactions.
[BeraHub](https://hub.berachain.com/) provides a streamlined user experience for financial operations.