The latest Berachain documentation is extensive and worth a deep dive!
Here are the highlights:
🔸 The amount of $BERA staked is directly proportional to the probability of becoming a block producer! The more $BERA staked, the higher the likelihood of becoming a block producer!
🔸 The base reward for each block is 0.5 BGT, with rewards using an inverse exponential decay model based on the delegated BGT Boost. Initial rewards grow rapidly, but as the boost increases, the reward growth slows and eventually approaches zero!
🔸 PoL integration requires only one additional contract, easily supporting dApps!
🔸 Any user holding BGT can participate in governance, with 10,000 BGT required to create proposals. To prevent malicious attacks, Berachain has launched the Guardian System.
🔸 Fully collateralized $HONEY stablecoin, soft-pegged to the US dollar, and supports USDC and BYUSD (PYUSD) as collateral, with the possibility of adding new stablecoins through governance in the future!
🔸 The newly released HONEY documentation reveals the safety mechanism "Basket Mode," which is an automatic safety feature that activates when collateral assets become unstable.
For more details, please click the original link: http://docs.berachain.com