Native Honey supply on Berachain has been decreasing since Q5 Launch in February. I am thinking one of the ways for Berachain to reverse this course and to have more native $HONEY on chain is for Berachain to somehow apply native yield to $HONEY. Focusing on $BERA value accrual is great. But I believe paying attention to $HONEY and making that a more attractive asset would drive more Berachain dex volume and therefore more value accrual of $BERA itself.
Are there any thoughts of a portion of bribes actually going toward $HONEY in the form of a yield distributed just by holding the token. The Honey would have to be staked though.
Berachain has some insane yield mechanisms and I know some of the brains in Berachain foundation can make this work.
I’m thinking this could be a fungible token that rebases similar to how Ethena operates with sUSDE.
Better yet. Why not have all bribes go into $HONEY and that be the reward mechanism. This would remove a lot of sell pressure from $BERA.