[Berachain to Conduct PoL Next Upgrade on July 7, BGT Token to Be Phased Out] Foresight News reports that the Berachain Foundation announced via a tweet that the PoL Next upgrade will go live on the mainnet from July 7 to July 8. Key updates include: the phasing out of the BGT token (the governance token BGT and related Boost mechanism under the original Proof-of-Liquidity model will be gradually retired); the introduction of BERA and sWBERA (BERA will become the primary economic unit, while sWBERA will serve as a new value accrual layer aimed at providing more concentrated protocol rewards for long-term participants); and the implementation of the ERAs mechanism (projects will need to demonstrate real on-chain revenue and utility to qualify for token emission incentives, rather than competing through Boost voting).