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Upgrading Curve's Gameplay to L1: The Opportunities and Risks of Berachain
Author: @lasertheend
Blockchain is continually iterating, but over the past few years, most emerging Layer 1 projects have primarily focused on performance and throughput, with few disruptive solutions on how to guide ecosystem prosperity and enable applications and underlying tokens to 'achieve mutual success'. It wasn't until the emergence of Berachain that the industry shifted its focus back to economic incentive models: it attempts to deeply integrate DApp applications with blockchain underlying incentives through a new system called Proof of Liquidity (PoL).
For seasoned players familiar with DeFi's 'incentive and liquidity games', you can think of Berachain as 'Curve' upgraded into a complete Layer 1. It embeds mechanisms similar to Curve's 'Gauge Wars' or 'bribery mechanisms' into L1's consensus and rewards, forming a new game theory between applications, validators, and users. How does this design work? What opportunities and risks does it mean for retail investors? Let’s systematically analyze it.
Blockchain is continually iterating, but over the past few years, most emerging Layer 1 projects have primarily focused on performance and throughput, with few disruptive solutions on how to guide ecosystem prosperity and enable applications and underlying tokens to 'achieve mutual success'. It wasn't until the emergence of Berachain that the industry shifted its focus back to economic incentive models: it attempts to deeply integrate DApp applications with blockchain underlying incentives through a new system called Proof of Liquidity (PoL).
For seasoned players familiar with DeFi's 'incentive and liquidity games', you can think of Berachain as 'Curve' upgraded into a complete Layer 1. It embeds mechanisms similar to Curve's 'Gauge Wars' or 'bribery mechanisms' into L1's consensus and rewards, forming a new game theory between applications, validators, and users. How does this design work? What opportunities and risks does it mean for retail investors? Let’s systematically analyze it.
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