POL Staked WBERA
SWBERA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SWBERA (POL Staked WBERA) is Berachain's native yield-bearing receipt token issued directly through the chain's Staking Vault. The protocol benefits from strong active development tied to core Berachain upgrades, including the BRIP-0004 hard fork and the PoL Next architecture that directs emissions into sWBERA. Tokenomics are structurally sound with non-dilutive yield generation derived from Incentive Auctions rather than programmatic token inflation. However, standalone token metrics reveal significant weaknesses: there is no independent community or governance layer for the token, secondary market liquidity is thin ($8K-$60K daily volume with limited DEX pool depth), and while Berachain maintains an institutional audit repository, specific audit reports for the individual staking vault contract were not verified. No qualifying red-flag events, exploits, or regulatory actions were identified. The overall score of 5.55 reflects strong first-party protocol development balanced against derivative utility, thin DEX liquidity, and an absent standalone community.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About POL Staked WBERA (SWBERA)
SWBERA (POL Staked WBERA, also referred to as sWBERA) is a yield-bearing staking receipt token native to Berachain. It is issued directly through Berachain's official WBERA Staking Vault when users deposit native BERA or wrapped BERA (WBERA). As a first-party protocol asset, SWBERA represents a staked position within the network's Proof of Liquidity architecture, serving as a liquid staking mechanism integrated directly into the core chain rather than operating as an independent third-party derivative.
The token's supply expands and contracts mechanically in response to staking and redemption activity, operating without a fixed supply ceiling or traditional vesting schedule. SWBERA generates non-dilutive yield accrued from the network's Incentive Auctions and protocol-level reward distributions rather than standard inflationary token minting. Following core protocol developments, including the BRIP-0004 hard fork and subsequent PoL Next network upgrades, reward emissions were structured around the staking vault mechanism.
While SWBERA maintains a clean operational history with no recorded smart contract exploits, hacks, or depeg events, the asset carries several structural and market risks. Secondary market liquidity remains limited, with low decentralized exchange pool depths and daily trading volumes ranging between $8,000 and $60,000. Additionally, the token has no standalone community governance or token-holder voting layer, with parameters such as validator commissions (ranging from 5% to 20%) and the 69-validator set cap managed at the base protocol level. While Berachain maintains a public repository of organizational audits, no verified, named third-party audit report specifically evaluating the individual sWBERA staking vault contract was documented in available data.