TechFlow News: On May 22, Berachain announced the next-phase roadmap for its Proof-of-Liquidity (PoL) evolution, according to official sources. Berachain noted that most blockchains treat tokens like faucets—value flows out with minimal reflux—leaving the blockchain itself to bear the economic operational costs without capturing commensurate value. PoL Next aims to break this cycle by converting every dollar of token emissions into compounding returns for $BERA holders.
PoL Next will be rolled out in three phases:
Phase One: Reduce inflation—from 8% down to approximately 5%—and establish dedicated emission channels for native on-chain projects; consolidate long-idle reward treasuries to minimize meaningless distributions and increase the impact per emitted token.
Phase Two: Simplify the token model by retiring the BGT token entirely; all incentive value will accrue exclusively to SWBERA, resulting in a single-token ecosystem, one yield path, and a unified value destination.
Phase Three: Launch the Emission Return Agreement (ERA), enabling high-growth teams to apply for customized, stage-aligned emission streams as non-dilutive growth capital. Protocols must deliver a minimum fixed return within 3–12 months and permanently share a portion of future revenue with Berachain. ERAs will eventually fully replace the existing incentive marketplace.
In addition, Berachain unveiled its implementation timeline: PoL Next will go live on the Bepolia testnet on May 26; the Fusaka EL hard fork is scheduled for May 27 at 16:00 UTC; and mainnet deployment is planned for late June. Remaining BGT tokens can still be redeemed for BERA via the Hub; future emission rewards will be claimable in WBERA or SWBERA form.
