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Berachain Approves Batch 15: Development of BGT Ecosystem

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by Giorgi Kostiuk

5 hours ago


Berachain has recently approved Batch 15 of reward request forms, a crucial step in expanding the BGT cryptocurrency ecosystem and enhancing ongoing projects.

Expansion of Berachain Governance with RFRV Batch 15

The approval of Batch 15 signifies Berachain’s commitment to transparent governance and independent oversight. This decision invites broad community input and impacts ecosystem tokens like BGT.

The Berachain Governance Guardians Council actively supports this process. Joon Kim, one of the council members, stated: "The new Governance Guardians board consists of five individuals... among them are Joon Kim of the Celestia Foundation, Matt from Asymmetric Research, and Janitoor, a veteran within the Berachain community." These three members are independent from Berachain’s core team, offering an outside perspective.

Increased Community Engagement through New Incentives

The community response to this initiative has been active, reaffirming Berachain’s dedication to community participation and comprehensive governance. The new financial implications could lead to increased protocol engagement and liquidity. BGT holders now have clearer paths for ecosystem growth through new vault incentives.

Past Batches Stimulate Growth in Protocol Interactions

Past batch approvals have led to expanded stablecoin support and NFT lending integrations, indicating similar potential outcomes for Batch 15. Experts predict that this could similarly boost active on-chain participation and total value locked (TVL) in the future.

The approval of Batch 15 of reward request forms reinforces the commitment to transparent governance and community engagement, which may contribute positively to the future growth of Berachain and its ecosystem.

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