Berachain is a high-performance EVM-identical Layer 1 blockchain designed to enhance liquidity and security in decentralized finance (DeFi). Unlike traditional blockchains that use Proof-of-Stake (PoS), Berachain introduces Proof-of-Liquidity (PoL), a consensus mechanism that ties network security directly to liquidity. Built using the Cosmos SDK, Berachain is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to deploy Ethereum-based smart contracts and dApps without modifications.
The network operates with a three-token model—BERA (gas token), BGT (governance token), and HONEY (stablecoin)—each playing a specific role in the ecosystem.
Berachain's Proof-of-Liquidity (PoL) model is designed to align incentives between validators, liquidity providers, and protocols. Instead of staking tokens like in Proof-of-Stake, validators must secure the network by directing liquidity to the ecosystem, ensuring deep liquidity for DeFi applications. The network rewards participants with BGT, a non-transferable governance token that can be delegated to validators to boost their rewards. Berachain is also EVM-identical, meaning it supports Ethereum smart contracts, tools, and upgrades without changes. The network’s three-token system ensures separation between transaction fees (BERA), governance (BGT), and stablecoin usage (HONEY), creating a more balanced blockchain economy.
Berachain was founded by pseudonymous developers known as Papa and Smokey.
BERA, the native token of the Berachain ecosystem, is available on various exchanges. At genesis, the total supply of BERA was 500 million, with an annual inflation rate of ~10%, governed by Berachain’s community.
Consider investing in Berachain (BERA)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available Berachain trading pairs on Bitget.
Berachain’s Proof-of-Liquidity model sets it apart from traditional blockchains, aiming to improve liquidity while securing the network. Its future depends on adoption, competition, and governance decisions. As with any crypto investment, it carries risks, so doing your own research is essential.