Berachain hard fork to replace dual-token model with WBERA rewards
Berachain is set to hard fork Wednesday at 4 pm UTC to replace its dual-token incentive system with a simpler model centered on BERA and Wrapped BERA (WBERA). The upgrade ends BGT emissions and shifts block rewards to fixed WBERA distributions, with incentives moving to the staked form, sWBERA. Berachain says the new setup is more sustainable and could raise APRs, though yields may be volatile in the first few days. The transition happens in two stages: WBERA emissions started Tuesday, and the hard fork stops BGT emissions Wednesday. BGT-linked reward vaults and liquid staking incentives will be phased out afterward. Market conditions remain weak ahead of the change. BERA fell 7% in 24 hours and is down 88% over the past year. TVL declined 3% to about $56 million, and network revenue remains very low compared with incentive payouts.
