the @berachain bribe market is insanely competitive. mfers are bribing in size for 1.1 efficiency, and avg active incentives per day (last 3m) is 281k*. thats essentially people bidding on the new issuance of the token. now contrast this with every other L1 ever, where the inflation just occurs and goes to validators without anyone bidding for it thats so much more revenue for the chain and specifically, for the native tokens of the chain (via BGT staking - and soon BERA staking) * active incentives != incentives paid

this is actually p annoying for builders like me who wanna bribe with higher efficiency but its p bullish for the chain with a bear on it