Planet Daily News: Berachain announced the official launch of its "Proof-of-Liquidity" (PoL) system today, marking the first phase of on-chain governance. The PoL system aims to incentivize users to provide DeFi liquidity for Berachain and decentralize the distribution of its governance token BGT. Unlike the traditional PoS model, users can stake assets in designated liquidity pools to obtain non-transferable BGT for participating in governance and reward distribution. Validators rely on user-delegated BGT to enhance their consensus influence, with network security deeply linked to ecosystem liquidity depth. Currently, PoL will be deployed starting from some DEX liquidity pools, with plans to expand to more reward vaults. Prior to mainnet launch, Berachain has accumulated over $3 billion in total locked value through its Boyco liquidity platform, with related funds to be allocated to the PoL phase.