Berachain Mainnet Is About to Introduce the Minimum Incentive Rate (MIR)!
At the community’s request, to reduce emissions from flowing to reward vaults (RVs) that do not provide any incentive rewards, Berachain will officially introduce the MIR mechanism.
🐻 What Is MIR?
The goal of MIR (Minimum Incentive Rates) is clear:
Make WBERA emissions more efficient, ensuring that each block receives the corresponding incentive rewards.
🐻 How Does MIR Work?
MIR requires each RV to provide, for every 1 WBERA received, at least 0.75 units of the current incentive token as a reward.
For example:
• 1 WBERA = 0.75 URPROTOCOLTOKEN
• 0.2 WBERA = 0.15 URPROTOCOLTOKEN
🐻 What Happens If an RV Does Not Meet the Minimum Incentive Rate?
Automatic Reward Distribution (ARA), also known as the Automatic Cutting Board, will automatically filter out the good RVs that meet the MIR requirements and reach or exceed the minimum incentive rate.
Then, the validator’s emissions will be reassigned per block to these qualifying RVs, improving emission efficiency.
⏰ Launch Date
MIR is already live on the Bepolia testnet, and will正式 launch on the Berachain mainnet on September 18.
🐻 What Does This Mean?
• Users: Potentially earn rewards more efficiently.
• RV Managers: Must ensure that incentives meet the minimum requirements in order to continue receiving emissions.
$BERA
At the community’s request, to reduce emissions from flowing to reward vaults (RVs) that do not provide any incentive rewards, Berachain will officially introduce the MIR mechanism.
🐻 What Is MIR?
The goal of MIR (Minimum Incentive Rates) is clear:
Make WBERA emissions more efficient, ensuring that each block receives the corresponding incentive rewards.
🐻 How Does MIR Work?
MIR requires each RV to provide, for every 1 WBERA received, at least 0.75 units of the current incentive token as a reward.
For example:
• 1 WBERA = 0.75 URPROTOCOLTOKEN
• 0.2 WBERA = 0.15 URPROTOCOLTOKEN
🐻 What Happens If an RV Does Not Meet the Minimum Incentive Rate?
Automatic Reward Distribution (ARA), also known as the Automatic Cutting Board, will automatically filter out the good RVs that meet the MIR requirements and reach or exceed the minimum incentive rate.
Then, the validator’s emissions will be reassigned per block to these qualifying RVs, improving emission efficiency.
⏰ Launch Date
MIR is already live on the Bepolia testnet, and will正式 launch on the Berachain mainnet on September 18.
🐻 What Does This Mean?
• Users: Potentially earn rewards more efficiently.
• RV Managers: Must ensure that incentives meet the minimum requirements in order to continue receiving emissions.
$BERA
