TL;DR
- Berachain governance approved new reward vaults with incentives for long-term debt and increased liquidity in key tokens.
- The Bectra hard fork will activate this Wednesday, integrating Pectra execution-layer features without requiring changes to existing contracts.
- Berachain wallets will function as smart accounts, allowing batch transactions, scheduled payments, and gas fees paid in HONEY.
Berachain confirmed two major updates this week aimed at improving the experience for users and developers, while strengthening its incentive model.
First, the network governance approved Batch 10 of reward vault requests, expanding the tools available for projects running on its infrastructure. This batch includes mechanisms that reward long-term debt holders and strategies to increase liquidity of important tokens within the ecosystem.
Berachain Activates Bectra
Among the highlighted vaults is a proposal from BakerDAO, which will implement specific rewards for users who use its stablecoin BREAD in lending operations. Additionally, new initiatives from Yeet and Stream Protocol update their incentive systems for the YEET/wgBERA and xUSD/HONEY pairs respectively. All requested amendments to existing vaults were also approved, ensuring the continuity of their operations with optimized conditions.
At the same time, Berachain announced that it will activate the Bectra hard fork this Wednesday. This update fully implements the new execution-layer features from Pectra, making it the first Layer-1 blockchain outside of Ethereum to adopt these tools. Thanks to its compatibility with the Ethereum Virtual Machine, the more than 200 active applications on the network won’t have to modify their contracts to take advantage of the improvements.
Wallets Now Function as Smart Accounts
The most noticeable change for users will be the transformation of traditional wallets into smart accounts. This will allow them to batch multiple transactions into a single operation, set spending limits, pay fees with the stablecoin HONEY, and schedule automatic payments. Before this update, these features were only possible through custom contracts or third-party solutions, which involved extra costs and security risks.
Berachain maintains its Proof of Liquidity consensus model, which secures the network by incentivizing liquidity providers. This model allows users to earn yields by contributing assets to the system, instead of simply staking tokens. With Bectra, the network equips itself with more efficient and secure tools
