Berachain Governance Token
⸺ by Charles Iliya Krempeaux
The berachain governance token (BGT) is a native token of used for governance.
Berachain Governance Token is often shortened to either BGT of $BGT.
One key part of 's design is the separation of the gas token from the governance token ($BGT). The hope is that this separation helps address the risk of staking centralization and encourages a more balanced distribution of control of the blockchain-network.
Once an has been awarded $BGT, it cannot be transferred to another . It can however be delegated to try to earn and accumulate rewards. And it can be traded one-for-one with the gas token .
$BGT can be earned and accumulated by performing certain actions with a .
A holder of $BGT can delegate $BTG to earn and accumulate various rewards.