🔩 Core mechanism disassembly (due to its complexity, we will explain it as easily as possible) one ️⃣ Background knowledge understanding: What is BGT? BGT (Berachain Governance Token) is Berachain's native governance token, similar to veCRV, which is non transferable and can only be pledged to obtain block rewards. To obtain BGT, it is usually necessary to provide liquidity (such as in HONEY/BERA pools)