Why BeraPaw ?
BeraPaw abstracts all boring tasks required to interact with Proof of Liquidity (PoL), while addressing key challenges like centralization, inefficiencies, and conflicts of interest. By automating the complexities of PoL and offering enhanced yields, BeraPaw provides a user-friendly solution that improves the PoL experience for all participants.
$LBGT x BGT
With $LBGT, users no longer need to worry about selecting validators, dealing with delegation queues, manually claiming rewards, or reinvesting earnings while offering seamless entry and exit from BGT positions while providing superior yields.
For protocols employing multi-layered yield farming strategies, distributing native BGT yields to users is very complex or maybe impossible. By utilizing $LBGT, protocols can streamline the returns to their users. This approach not only boosts overall yields but also positions these protocols as more competitive players within the DeFi ecosystem.
With $LBGT, protocols, seasoned DeFi users, and newcomers can easily operate on PoL without associated complexities. This makes $LBGT the optimal choice for those seeking a frictionless and high-performing PoL experience.
BeraPaw x Centralized BGT Wrappers
In Berachain’s PoL, validators are meant to compete for BGT delegations by offering the highest possible rewards to delegators. However, when a validator controls its own BGT, it creates a conflict of interest and potential centralization issues. Validators with control over BGT may prioritize shifting profits toward themselves, engaging in off-chain deals, or manipulating incentives instead of distributing fair rewards to the holders of their BGT wrappers.
This centralization also affects chain governance. Validators with concentrated control over BGT can disproportionately influence on-chain decision-making, weakening the decentralized principles of Berachain. Over time, this could lead to skewed governance decisions that benefit a select few rather than the broader ecosystem.
BeraPaw takes a fundamentally different approach. By not operating its own validator, BeraPaw instead optimizes BGT delegations across all validators in a decentralized, transparent manner. By also distributing chain voting power to the community we maintain a fair competition among validators and protocols, ensure that rewards are maximized for users, and safeguards the chain’s decentralization and security.