Berachain just took a chainsaw to its own token model. The layer-1 network completed the first stage of its Proof-of-Liquidity (PoL) Next upgrade via a mainnet hard fork on July 7-8, killing off the BGT token and consolidating rewards around WBERA and its staked counterpart, sWBERA.
What actually changed
The hard fork introduces fixed per-block emission rates. Validator operators now receive 0.4 WBERA per block, while reward vault distributors get 1.305 WBERA per block. That’s a clean, predictable payout structure replacing what was previously a tangled web of BGT governance votes, boost allocations, and multi-token reward flows.
BGT, the governance and emissions token that once sat at the heart of Berachain’s Proof-of-Liquidity mechanism, has been fully deprecated for all user-facing roles. That includes governance and reward allocation, the two things it was essentially designed for.
Any residual BGT allowances were automatically converted during the upgrade. BGT holders who still have tokens sitting around are being directed to redeem them through the Hub UI.
