Sky Protocol launches interpretation of AI proxy framework based on liquidity proof

Berachain public chain, its core mechanism is liquidity proof (PoL), which officially launched the first phase of governance a few days ago. This means that on-chain protocols can apply for BGT tokens from the foundation, which is regarded as an important milestone in the development of the PoL ecosystem. At the same time, Sky Protocol (former MakerDAO), with a total lock-in value of nearly US$5 billion, also announced the launch of Polaris, an AI proxy framework based on liquidity proof, aiming to expand DeFi application scenarios. In addition, Berachain also announced the appointment of former Polygon technical director Paul O'Leary as the new technical director.

BGT token issuance starts: A key step in the huge ecological flywheel?

BGT token issuance mechanism is the core of the Berachain PoL model, which closely links the interests of users, validators and protocols. BGT is a soul-bound token and cannot be traded in the market and can only be obtained by participating in ecosystem activities (such as providing liquidity). BGT can be destroyed and exchanged for BERA (Berachain Fuel Token) in a 1:1 ratio, but this process is irreversible.

Users holding BGT can participate in Berachain governance, such as voting to decide which liquidity pools receive BGT rewards. The launch of the first phase of governance marks the opening of this huge ecological flywheel effect, and the incentive mechanism will gradually play a role.

It is reported that more than 500,000 BGT tokens will be issued every week, and the annualized inflation rate is theoretically controlled within 10%. More than 11 agreements have been submitted for applications.

The old DeFi protocol deploys the AI ​​proxy framework in Berachain

Sky Protocol, as a pioneer in the DeFi field, actively embraces innovation and launches the Sky Agent Framework proxy framework. The Polaris framework is the first time that Sky Agent Framework has been deployed on public chains outside Ethereum. Its goal is to introduce US$7.5 billion USDS into the Berachain ecosystem, combine a powerful DeFi liquidity engine with a liquidity proof mechanism, and further expand the scope of DeFi applications.

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