ChainCatcher news, the Berachain Foundation has released its network white paper. According to the white paper, Berachain is an EVM-compatible Layer 1 blockchain designed to create value for applications, aiming to align the value of the network with the value of the applications built on it through the Proof of Liquidity (PoL) mechanism. With its core innovation of Proof of Liquidity (PoL), it changes the traditional incentive mechanism of Proof of Stake (PoS) by linking the rewards of validators to the demand for applications on the network.In terms of the economic model, BERA is used for staking and trading, while BGT is used for governance and rewards. The issuance of BGT is closely related to the staking of BERA, and BERA can be redeemed by burning BGT. Additionally, the PoL mechanism controls inflation by adjusting the Boost of validators, ensuring the security and decentralization of the network.