Overview

How was BeraPaw structured?

Governance

BeraPaw's protocol is will be born as a Decentralized Autonomous Organization (DAO) and $PAW holders are the owners of the protocol. Through voting and proposal creation the owners will have full power over the protocol. Users that choose to stake their $PAW will still be able to use fully their governance power. Since the BeraPaw incentivizes $PAW staking, a treasury will be held by the protocol to provide liquidity to it.

Treasury

The treasury assets are owned and managed by BeraPaw's governance. Its primary function is to provide liquidity for the $PAW token, all rewards gained from it will be given to $PAW holders. The treasury may at some point engage in other activities as long as the governance allows it.

LBGT

The LBGT contract is responsible for abstracting and holding the underlying BGT while also providing all the blockchain rewards to its holders, chain voting power and the possibility of burning for BERA. Every LBGT minted is backed by BGT in 1:1 ratio.

PAW

PAW is BeraPaw's governance ERC20 token that can be staked on PAW Staker and traded on DEXes across the ecosystem.

PAW Staker

When PAW holders stake their tokens they can participate in BeraPaw's governance, delegate BGT to validators and receive protocol rewards.