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Berachain's $632M airdrop kicks off mainnet launch

Berachain's $632M airdrop kicks off mainnet launch

GrafaGrafa2025/02/07 06:00
By:Isaac Francis

Berachain (CRYPTO:BERA), a Proof-of-Liquidity layer-1 blockchain, launched its mainnet on February 6, 2025, accompanied by an airdrop of approximately $632 million worth of its native BERA tokens.

This airdrop aims to reward early supporters and active participants within the Berachain ecosystem.

The Berachain Foundation announced the distribution of nearly 80 million BERA tokens to eligible users.

The launch marks Berachain's entry into the crypto scene as a next-generation L1 blockchain designed to push boundaries in speed, scalability, and innovation.

The airdrop targets various contributors, with a significant portion allocated to holders of Bong Bears NFTs and its derivative collections, including Bond, Boo, Baby, and Band Bears.

Testnet participants will receive over 8.2 million tokens, and active community members on platforms like Discord and X will also receive a share.

Additionally, BNB (CRYPTO:BNB) holders involved in Binance's Simple Earn program are eligible for a portion of the tokens.

The token allocations can be viewed on the Berachain airdrop checker, with initial claims starting February 6.

Users who earned an allocation from social engagement and the "Request for Broposal" campaign can claim starting February 10.

The BERA token will function as the network’s native gas token, facilitating transaction fee payments, and as a staking token, contributing to the overall security of the Berachain network.

Berachain operates on a Proof-of-Liquidity (PoL) consensus model.

This mechanism aims to turn liquidity into security, ensuring a secure, high-performance blockchain while benefiting the ecosystem.

Berachain also supports decentralised finance (DeFi), gaming, and other Web3 applications.

At the time of reporting, the Berachain (BERA) price was $8.13.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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