Berachain to Hard Fork, Swap Dual-Token Model for WBERA Rewards
Berachain is set to undergo a major protocol change this Wednesday that will reshape how the network pays incentives to participants. The upgrade, scheduled for 4:00 p.m. UTC, will retire the current Bera Governance Token (BGT) emissions and switch Berachain’s reward design to fo...
➤ Berachain is implementing a hard fork to transition from a dual-token incentive model (BERA/BGT) to a single WBERA reward system. ➤ This change aims to simplify rewards, potentially increase APR, but may introduce initial volatility and uncertainty for users. ➤ The upgrade occurs amidst subdued network activity and a recent decline in BERA token price and TVL, making the post-fork period a key test for the new incentive structure.
