> For the complete documentation index, see [llms.txt](https://docs.liquidroyalty.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.liquidroyalty.com/quick-start/berachain.md). # Berachain
Berachain's innovative Proof-of-Liquidity (PoL) model aligns very well with Liquid Royalty's **Low float High FDV** design with initial liquidity seeding: At RTGE, listings typically seed initial liquidity (e.g. \~10% of supply) on Kodiak ([kodiak.finance](https://www.kodiak.finance/)) so the token is tradeable from day 1 with 24/7 liquidity. An optional **pre-sale** may be used for some listings; when it is, vesting (e.g. multi-year) is set per RTGE and is **not** a fixed protocol rule. Percentages in this section are illustrative only. That liquid market price for merchant lockups gives merchants visibility and a strong incentive to meet aggressive performance metrics (**commit to perform**). Merchant hit performance metrics, more real world royalty cashflow are tokenized on chain and fed into the PoL system, attracting deeper liquidity and strengthening the premium. This creates a flywheel where everyone wins: * **Merchant** shops gain a liquid market reference plus a performance-linked stake - **more committed to perform** * **Tokenholders** gains access to high-growth, incentive-aligned cashflows with deep liquidity powered by PoL * **Berachain validators** secure a pipeline of PoL incentives that are non-BERA denominated and backed by high-growth, real-world businesses Berachain builds businesses.