Berachain has initiated the first phase of its PoL Next upgrade, marking a significant change in its tokenomics by discontinuing the use of the BGT token. This upgrade replaces the previous dual-token system, centralizing rewards distribution through the WBERA token.
According to CoinTelegraph, this shift aims to streamline the platform’s incentive structure and improve the overall user experience by consolidating rewards into a single token. The move is expected to simplify operations and potentially enhance liquidity within Berachain’s ecosystem.
For Japanese investors and traders, this development reflects a broader trend of crypto projects optimizing token models to increase efficiency and market appeal, which could influence trading strategies across FX and crypto markets in Japan.