CryptoParadise
The liquidity proof mechanism experiment of Berachain ended in failure. The Infrared protocol controls 35% of the BGT emissions and 87% of the vault operations on the entire chain, making the ecosystem's heavy reliance on a single project quite evident. Worse still, the BERA token has fallen by 92% since its launch, with the TVL plummeting from $2.19 billion to $267 million in just one month. This is the true reflection of how decentralized innovation can go astray – when you try to create an innovative incentive model, you inadvertently create new centralized traps. Single points of failu
BERA0.4%