Phase 1: GROW
Last updated
Last updated
This is the early-days phase. As the name suggests, the objective here is to build up the treasury, focusing on deploying it to leverage the synergies and flywheels of the entire Berachain Ecosystem to boost our Protocol-owned Liquidity, which -by design- will earn yield in the form of $BGT and other tokens for the treasury.
During phase 1, the Debasing mechanism power will be set at βLowβ to better distribute the tokens and better grow the Treasury through bonds, Rebases will reward stakers with the good old high APY, the Buy/Sell tax will be set at 3% split in this way.
1% to Protocol-owned Liquidity
1% to the Treasury
1% to the team