Let's talk about $BERA Two things. First, $BERA stood on 4.4 again, which can be regarded as maintaining an upward trend. It's a key location. The rise from last night to now has something to do with the Pol v1.1 announced by @SmokeyTheBera. It is equivalent to pushing through the news surface, and the price of $BERA is "reasonable" to stand in this key position. Second, Pol v1.1 is a very critical proposal. It aims to solve some of the problems that Berachain encountered after it was launched on the mainnet, such as the weak value capture ability of $BERA, etc. How is it done? In fact, it is to exchange 20% of the ecological bribe for $BERA, and at the same time, the amount of $BGT incentives given to the ecology will not be affected. Berachain will add the $BERA to the LPs of mainstream trading pairs such as BERA-HONEY AND BERA-WBTC. In the future, 20% of this rate will become a dynamic rate, priced according to the efficiency of the incentive – the higher the efficiency, the lower the rate. It's essentially a part of the bribe that converts it into protocol-owned liquidity (also known as PoL). This liquidity, in turn, will bring fee income to Berachain, reducing the circulation of $BERA in the secondary market. These revenues are also used to buy back $BERA. Its "protocol asset accumulation + self-hematopoietic model" is an optimization of traditional DeFi liquidity mining. The downside is that $BGT is able to capture fewer bribes — after all, some of them go to the Berachain protocol, and iBGT yields like @InfraredFinance will drop. As a result, the iBGT to BERA exchange rate decreases. However, if the $BERA appreciates, iBGT will still rise. It's acceptable for people on the U-standard, but it's not so friendly for investors on the BERA/iBGT coin standard. All in all, I'm very happy with this update from Berachain. They saw the previous problem and adjusted accordingly – weakening $BGT enhancing $BERA. $BERA The price of the price increases, the ecological incentives will increase, and the bribery of BGT will also increase. Taking $BERA value capture capability as an eco-driven is a very correct choice.