Chatting with the Governance team / Guardians shortly with a few goals in mind re: improving PoL efficiency
1) Removing vaults which have rampant action-based self-farming
2) Eliminating vaults which functionally hold vanity TVL generating no economic value
3) Promoting vaults which have demonstrated the potential to drive sustainable revenue from on or offchain sources.
In parallel, we'll be working to validate some of our thoughts on soft tweaks to PoL which would enable $1 in BGT emitted to return >$1 to the protocol and tokenholders over time.
Putting this out in public forum so that a

Many have asked me about the DAT buys - to which my answer has always been “I’ve got no idea and couldn’t share MNPI if I did”
Sharing this here for those interested.
tl;dr is that it’s vast majority in cash / stables and has plans to buy more BERA 🫡

it’s funny how many folks think they’d kill it in tradfi / tech as they lose faith in crypto
Dawg the majority of the natives I’ve met are some of the most undisciplined, delusional, entitled folks in the labour market
Grass is always greener, Pareto distro always wins

The next step for us as a team + eco is to go from effectively offering public goods to directly capturing value.
Imo Bera has a unique opp to leverage the fact that PoL emissions go to apps, not just Bera staking.
It’ll be an attitude shift but a huge W if we pull it off properly.

Took down my post re: Bera rev streams for now (but tossing this here for public accountability and to revisit in future)
Will give it a bit more time to play out internally and then share more with increased detail for those who are curious.
In the interim, we are / have been in the market for teams building interesting rev generating products which may be accretive for enshrinement within Bera. DMs open if folks want to learn more!
H/t to @crypto_condom and others who may have engaged less politely etc

Berachain has quietly added a 7 fig annualized rev stream in the past couple of months, and is in the late stages of adding another.
First milestone is sustainability - then becoming the buyer of last resort - then becoming the constant buyer.

Bm Folks,
I wanted to put something out here to set the story straight in light of the recent hit piece. I also didn’t want to write a knee-jerk response without getting feedback from our legal team (given allegations made) and some of our largest stakeholders who have been exceptionally supportive, so my apologies for the lag time here.
To get straight to the point: the story’s framing is (A) incomplete and (B) inaccurate. We understand there is an appetite for dramatic narratives in a market where everyone is down bad, but this story in particular seems to be put together with the direct inp

Kodiak perps quietly doin more volume than Bullpen and Insilico
Let the boys run it back

A new wave of Bera projects is slowly making their way to market, joining the eco as the OGs mature into steadily cashflowing businesses with sustainable revenues and rapidly expanding product lines.
They’re unscarred by words like “RFA” and “Boyco” and well prepared for an evolving face of crypto - less performative bs, less purely speculative games, more real products. They’ve got tailwinds behind them from mid 8 figs of DAT buys.
Many will miss some of the most obvious opportunities possible.
Bet on the Beras who dare to dream

I see a lot of discussion about Overton Windows but much less about other pieces of Overton furniture.
I'm personally in the market for Overton Doors, Carpets, and Bedframes.

No jinxes but I’m quite proud of how the Bera team + eco handled the last few days. Users come first.
Now we gotta land the plane and get funds back to people, QAing the claims page now.
Back to business as usual next week - eco TGEs, new launches and more.
Revenge arc.

Quick status update
- exchanges and core partners have received binaries, should hopefully upgrade and enable deposits etc within the next day or so
- bridges should be live, LZ is up and Ethena has re-enabled transfers out of Bera
- is up to date, still some UI issues with Berascan I believe
- modifying some banners to indicate that network is back up
- some pricing is still likely weird between BEX being frozen, some APRs still off in Hub etc
Will continue to update as much as possible esp as we work on returning funds to users.
Thanks folks!

hit some squats today and ended up finally either slipping a disc or pulling some back muscles
think i've officially graduated to Unc status 🕊️🕊️🕊️

Yieldmaxxing on Bera has allowed people to 2x+ their positions quite feasibly.
OriBGT trades at $4.30 (
sWBERA trades at $2.32 after just a couple months of compounding (
The Bera Yearns for the Mines. Put it to work.

AWS outages hitting a bunch of sites atm, best to check back in a bit

what are your fav crypto native pods?
we've got some stuff to yap about quite soon