Blockchain is constantly changing, and Berachain is a new attempt at something different. It looks like Ethereum, works just like Ethereum, but has a way to keep the network secure. Not only does Berachain place tokens like other blockchains, it also uses liquidity proof to ensure that the network remains active and powerful.
In this guide, we will learn what Berachain is, its main features Liquidity proof, EVM is the same as Beaconkit framework. We’ll also compare Ethereum vs. berachain, Explore the Berachain ecosystem and view its DEFI applications such as Bex, Bend and Berps. Additionally, we will cover Berachain Tokenomics, details about Berachain airdrops and how to get the airdrop.
What is Berachain?
Belling is a high-performance layer 1 blockchain designed to be the same as an Ethereum Virtual Machine (EVM). It introduces a unique consensus mechanism called Proof of Liquidity (POL) Stay liquid and secure in its network.
The main features of Berachain
Liquidity proof
In many blockchains, to help keep the network secure, people lock their tokens in a process called staking. During this time, these lock tokens cannot be used for anything else. Berachain does things differently.
It uses a system called Liquidity proof or POL proof. In this system, users are encouraged to actively use them in the network, rather than just locking tokens. This means that while tokens are still helping to keep the network secure, they also work in a variety of applications and services. This method not only maintains security, but also makes the network lively and efficient.
The same EVM
Berachain is designed to work exactly like Ethereum’s system and is known as the Ethereum Virtual Machine (EVM). This means that any application or smart contract running on Ethereum can also run on Berachain without any changes.
Developers can use the same tools and code they are already familiar with. Additionally, Bellasin can adopt these changes immediately as long as Ethereum is updated or improved. Additionally, it leverages Ethereum’s execution clients Geth, Eragon and Nethermindhandles smart contracts.
Beaconkit framework
Berachain has its own modular framework, called Beatonkit, which improves the performance and flexibility of blockchains. This toolkit allows developers to build and customize layer 1 blockchains by adding different components. Custom block builder, summary layer, and data availability layer.
Beaconkit also brought it cometbft, A specially designed consensus engine The application of Byzantine fault resistance, Enter any EVM-compatible system. With this modular setup, Berachain can easily adapt to new technology needs and support a variety of decentralized applications (DAPPs)
Ethereum vs. Belassin
| Belling | Ethereum | |
| Consensus mechanism | Proof of Liquidity (POL) | Certificate of Shares (POS) |
| EVM compatibility | Exactly the same | EVM compatible |
| Local token | $Same | eth |
| Liquidity incentives | Verifiers must provide liquidity to participate | Verifier interests ETH, no liquidity requirements |
| Governance Model | Voting with a non-transferable BGT (Berachain Governance Token) | ETH Stakers vote on governance recommendations |
| Modular framework | Build flexibility and customization with Beaconkit | Using Ethereum’s core framework with optional layer 2 solutions |
Berachain Ecosystem
The Berachain ecosystem is rapidly expanding with multiple new tokens to be launched as part of the upcoming TGE (Token Generation Event). These tokens will play a vital role in a variety of decentralized applications, DEFI platforms and governance systems within the network.
Some of the upcoming tokens include Bearcage’s $Bear, Terplayer’s $TERP and Puffpaw’s $Vape. Other expected releases are $Wagmi of Wagmipad, $OOGA of Ooga Booga and $Bura of Panda Bera. These tokens will contribute to different aspects of Bellasin, including trading platforms, liquidity mechanisms and NFT-based projects.
Berachain Defi App
Bakers
Bex is a native of Bellachi Dispersed exchangecommonly known as dex. On BEX, users can directly trade different cryptocurrencies without central authority or intermediaries. The platform uses something called an automated market maker (AMM) system.
In this system, the user can provide pairs of tokens for the liquidity pool. When other users trade these tokens, a small fee is incurred. That fee is then distributed to these liquidity providers, allowing them to receive rewards over time. This setup not only helps trade, but also encourages users to contribute to the liquidity of the platform, thereby improving the overall health and efficiency of the exchange.
bending
The bend is a Loan Platform In the Berachain ecosystem. It operates without detaining the user’s assets, which means that the user always maintains control over their funds. On the curve, users can deposit stable stablecoins that are designed to maintain stable value and are often hung on traditional currencies such as the US dollar. By storing these stable stability, users can earn interest over time.
Instead, those who wish to borrow can provide other cryptocurrencies as collateral to access these stable shares. The system allows users to leverage their assets without selling them, providing flexibility and additional financial opportunities in the Berachain network.
berps
Berps is a Decentralized leverage trading platform On Berachain. It enables users to trade permanent futures contracts with up to 100 times leverage.
All trading activities on Berps use honey as a major token for collateral, deposits and expenses. By providing liquidity to Berps, users can participate in the POL reward library and obtain governance tokens, thereby further integrating it into the Berachain ecosystem.
Berachain Tokenomics
Berachain has three models designed to ensure network security, dispersion and liquidity. These three tokens are Bera, BGT and Honey, each of which plays a different role in the ecosystem.
- it: It is the main token used to trade fees, points and secure the network. The total supply at launch is 500 million BERA, with an inflation rate of 10% per year, which can be adjusted through governance. Allocations are among the core team (16.8%), investors (34.3%) and communities (48.9%). Community tokens are used for airdrops, incentives for developers, and growth of the ecosystem. To prevent sudden dumps, Bella follows an attribution schedule, where the token locks for a year and then gradually unlocks over the next two years.
- BGT (Berachain Governance Token): It is non-tradable and can only be earned by providing liquidity. The more liquidity the user provides, the more BGT it earns. BGT holders control the network by voting on key decisions such as protocol upgrades, reward allocations, and governance recommendations. This ensures that only active participants influence the system.
- Honey: This is Berachain’s Stablecoin, fixed with the US dollar and backed in a mixed way of crypto assets. Users create honey by depositing approved collateral into vaults. It is the main currency used in Berachain decentralized applications, lending platforms and trading markets. Honey helps keep the ecosystem stable by ensuring the smooth operation of the trading and loan markets.
Details of Berachan Antrop
Berachain is launching airdrops for its BERA tokens, donating 15.8% of its 500 million supply to early supporters and community members. This is to reward those who contribute to the network before the mainnet is released.
Who got the airdrop?
- TestNet Users: People who are actively using Berachain’s testnet, such as Artio and Bartio, will get a portion of the air conditioner. More than 8.2 million BERA tokens were prepared for them.
- NFT holders: A large amount of airdrops are attributed to people who own Bong Bears NFTS and other collections such as Boo, Bond, Band, Band, Baby and Bit Bears. If the user bridges their NFT to Berachain, they will also qualify.
- Community Contributors: Approximately 1.25 million BERAs are allocated to active community members. This includes people engaged to Berachain on social media and contribute to the discussion, not DAPP accounts or team members.
- Binance BNB Holder: Binance is working with Berachain to allocate 10 million BERA tokens to BNB to Simple Earl Program for Binance subscriptions and for a specific period in January 2025.
How to get a bar Airpan?
If you are eligible, you can use Berachain’s Airdrop Inspector Tool. To claim tokens, you will need an EVM-compatible wallet, such as MetAmask or OKX wallet.
in conclusion
In short, Berachain is a new layer 1 blockchain trying something different. It works like Ethereum, but can be proven by liquidity, not just hidden tokens. This means that cybersecurity and liquidity go hand in hand.
Developers can build here without changing too much because it is the same. Token? There are three Berachain tokens – Bera, Bgt and Honey, each doing their own job to keep things going. Airdrops, ecosystems, funds – all of which builds Bellacin’s speed.
FAQ
What funds has Berachain raised?
Berachain completed several funding, ensuring Total $142 million. In 2023, the company raised $42 million in a Series A financing led by Polychain Capital, with Hack VC and Shima Capital participating.
Since then, in April 2024, Berachain has earned another $100 million in the Series B B rounds co-led by Brevan Howard Digital and Framework Ventures, and has received contributions from Polychain Capital and others.
Is Berachain a good investment?
Investing in Berachain brings opportunities and risks. The platform’s innovative proof-proof consensus mechanism and EVM compatibility position it as a promising player in the blockchain space.
But, like all cryptocurrencies, Bera’s price fluctuates greatly. Bella’s price dropped sharply after its mainnet release and airdrop.
What is Berachain Qi Pan?
Berachain Airdrop is a distribution activity that distributes 15.8% of its total supply to early supporters and community members. The program is designed to reward participants such as TestNet users, NFT holders, and active community contributors.
How does Berachain tax?
The taxation of Bera tokens in Berachain depends on the regulatory framework of the country of residence. Usually, cryptocurrencies are considered Property or financial assetstransactions involving them may be subject to Capital gains tax. Income earned from activities such as points or airdrops may be considered taxable income.
