Odaily Planet Daily News Berachain announced that it will officially launch the "Proof-of-Liquidity (PoL) system today, marking the launch of the first phase of on-chain governance. The PoL system is designed to distribute its governance token BGT decentralized by incentivizing users to provide DeFi liquidity to Berachain. Unlike traditional PoS models, users can pledge assets to a designated liquidity pool to obtain non-transferable BGTs for participation in governance and reward allocation. Verifiers rely on the user-entrusted BGT to enhance their consensus influence, and network security is thus deeply bound to ecological liquidity. Currently, PoL will be deployed from some DEX liquidity pools and will be expanded to more reward vaults in the future. As of the time of the launch of the main network, Berachain has accumulated over US$3 billion in total lock-ups through its Boyco liquidity platform, and the relevant funds will be allocated to the PoL stage.