Not sure if this is the right place, but I thought it would be nice to start a gov forum to discuss how Berachain and proof of liquidity can also accrue value to $bera token. There have been a couple of posts on X mentioning this issue already, like for example:
I must say I pretty much agree with OP here. POL as a concept is pretty genius, but from my point of view (new to berachain community, but a pretty old timer in crypto), incentives are flowing across all parties in the network, except $bera token.
As bribes go up, people are incentivized to accumulate BGT and BGT lsts.
As bribes go down, people might leave BGT lsts for stables, and native bgt is burned for bera.
So, the selling pressure on $bera is higher on the downside than the buy pressure on the upside. I wonder if the community sees it this way.
One idea I’d like to know your thoughts is if it makes sense to use native dapps (bex, berps, bending) fees as the instrument to accrue value to $bera token through buyback & burns.
Just as an example, currently, Bex is generating $24M in annualized fees. There are different ways to do this, such as a direct buyback and burn program or auctions in which the fees are accumulated for a certain period of time. Then, community members can use $bera to bid for the basket of fees, burning the $bera of the winning bid.
In my opinion, at the moment, there’s a risk that $bera token doesn’t capture the value going through the network, which can hinder the ability of bera attracting new eyes from other ecosystems.