This VCM represents the BERA token's role as a sole payment medium for blockspace purchases and the deflationary appreciation of extant BERA positions due to fee burning. Since the validators are remunerated in BGT and not BERA, all collected BERA fees are burnt.
This VCM represents the value extracted from operating an active-set validator:
The user address possesses a stake of at least 250.000 BERA, up to 10.000.000 BERA, counting both self-staked and directly staked by other users (Risk Exposure) Access to the active validator set is granted if the stake is within the top 69 (Access) The validator node software is installed, maintained, and operated correctly, producing blocks (Conditional Action) BGT emissions and the incentives from the Reward Vaults selected for boosted reward distribution are captured by the validator (Future Cashflow)