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Berachain Recent Events
On the evening of February 4, the Berachain Foundation officially announced that the Berachain token TGE will be carried out simultaneously with the mainnet launch. The tokenomics and Checker (or airdrop checker) will go live tomorrow (February 5). Additionally, the Berachain mainnet is set to launch on February 6, 2025. It is reported that on February 2, the Berachain Foundation announced that the Boyco market will close at 7:59 AM on February 3. On January 31, the name of Berachain was changed from Berachain to Berachain Foundation.
Berachain Overview
The establishment of Berachain can be traced back to 2021. It is a high-performance EVM-compatible blockchain built on the Proof of Liquidity consensus. Proof of Liquidity is a novel consensus mechanism designed to coordinate network incentives and establish strong synergies between Berachain validators and the project ecosystem. Berachain's technology is built on Polaris, a high-performance blockchain framework for building EVM-compatible chains on top of the CometBFT consensus engine.
Berachain's Proof of Liquidity model directly links network security with DeFi liquidity. Before its release, Berachain published a "Honeypaper" outlining its innovative design. The brand, which was released under "Q5," is finally becoming a reality.
Berachain's founder, Smokey, often attends various formal events wearing a Bera headgear and is an OG active in major DeFi communities. Many community members who join are DeFi enthusiasts. From Berachain's development, whether in NFTs or public chains, it has become a rising star in the public chain track.
Berachain Technical Architecture
Cosmos SDK + EVM
Berachain is built on the Cosmos SDK, which naturally has cross-chain interoperability and modular scalability. It is fully EVM-compatible through the Polaris EVM framework, creating a "dual-ecosystem traffic entry point."
Low Development Threshold: Developers do not need to learn a new language and can directly reuse toolchains (such as MetaMask, Hardhat).
Performance Optimization: Relying on the high-throughput architecture of the Cosmos SDK, Berachain's theoretical TPS far exceeds that of Ethereum, making it suitable for DeFi scenarios.
Modular Design: Flexible to Meet DeFi Needs
By modularly splitting EVM functions (such as the execution layer, settlement layer), Berachain allows developers to customize the underlying logic of smart contracts as needed.
Berachain Team
Berachain's core team is composed of several industry veterans with backgrounds in technology, developer relations, DeFi, research, and business development. They are experienced and diverse:
Dev Bear: Co-founder and Chief Technology Officer.
Smokey: Co-founder and Chief Smoking Officer.
Camila Ramos: Head of Developer Relations, former Head of Developer Relations at Fuel Labs and Software Engineer at PayPal.
Jack Melnick: DeFi Lead, former DeFi Lead at Polygon, former Vice President of Research at The Tie, and has experience at UBS.
Berachain Financing
In April 2023, Berachain completed a $42 million funding round led by Polychain Capital. This included OKX Ventures, Hack VC, Dao5, Tribe Capital, Shima Capital, Robot Ventures, Goldentree Asset Management, and others. In April 2024, Berachain announced that its Series B funding round had increased to $100 million, about 45% higher than previously reported. This round was participated in by Brevan Howard Digital, Polychain Capital, Hack VC, and Tribe Capital, among others.
Berachain Economic Model
The Berachain Foundation officially announced that the Berachain mainnet will launch on February 6, 2025. To address the bottleneck of Layer 1 public chains, Berachain has introduced a three-token model and a Proof of Liquidity (PoL) mechanism.
BERA: The gas token used for paying fees and basic settlements.
HONEY: Similar to DAI, it serves as a measure of value within the ecosystem.
BGT: A non-transferable governance token distributed through liquidity, binding the interests of long-term participants.
Additionally, the PoL mechanism controls inflation by adjusting the validators' Boost, ensuring the network's security and decentralization.
Berachain Summary
Berachain's technical highlights, community-driven approach, and three-token economic model, along with its lineup, have made it a "must-contend" area for airdrop players. As a rising star in the public chain track, it benefits from a strong community foundation, MEME culture characteristics, and other innovations. To maintain a stable position in the long run, the power of a single community or a few institutions is far from sufficient. Fortunately, Berachain's community and MEME are distinctive enough, and all of this will be tested by time.
Berachain Recent Events
On the evening of February 4, the Berachain Foundation officially announced that the Berachain token TGE will be carried out simultaneously with the mainnet launch. The tokenomics and Checker (or airdrop checker) will go live tomorrow (February 5). Additionally, the Berachain mainnet is set to launch on February 6, 2025. It is reported that on February 2, the Berachain Foundation announced that the Boyco market will close at 7:59 AM on February 3. On January 31, the name of Berachain was changed from Berachain to Berachain Foundation.
Berachain Overview
The establishment of Berachain can be traced back to 2021. It is a high-performance EVM-compatible blockchain built on the Proof of Liquidity consensus. Proof of Liquidity is a novel consensus mechanism designed to coordinate network incentives and establish strong synergies between Berachain validators and the project ecosystem. Berachain's technology is built on Polaris, a high-performance blockchain framework for building EVM-compatible chains on top of the CometBFT consensus engine.
Berachain's Proof of Liquidity model directly links network security with DeFi liquidity. Before its release, Berachain published a "Honeypaper" outlining its innovative design. The brand, which was released under "Q5," is finally becoming a reality.
Berachain's founder, Smokey, often attends various formal events wearing a Bera headgear and is an OG active in major DeFi communities. Many community members who join are DeFi enthusiasts. From Berachain's development, whether in NFTs or public chains, it has become a rising star in the public chain track.
Berachain Technical Architecture
Cosmos SDK + EVM
Berachain is built on the Cosmos SDK, which naturally has cross-chain interoperability and modular scalability. It is fully EVM-compatible through the Polaris EVM framework, creating a "dual-ecosystem traffic entry point."
Low Development Threshold: Developers do not need to learn a new language and can directly reuse toolchains (such as MetaMask, Hardhat).
Performance Optimization: Relying on the high-throughput architecture of the Cosmos SDK, Berachain's theoretical TPS far exceeds that of Ethereum, making it suitable for DeFi scenarios.
Modular Design: Flexible to Meet DeFi Needs
By modularly splitting EVM functions (such as the execution layer, settlement layer), Berachain allows developers to customize the underlying logic of smart contracts as needed.
Berachain Team
Berachain's core team is composed of several industry veterans with backgrounds in technology, developer relations, DeFi, research, and business development. They are experienced and diverse:
Dev Bear: Co-founder and Chief Technology Officer.
Smokey: Co-founder and Chief Smoking Officer.
Camila Ramos: Head of Developer Relations, former Head of Developer Relations at Fuel Labs and Software Engineer at PayPal.
Jack Melnick: DeFi Lead, former DeFi Lead at Polygon, former Vice President of Research at The Tie, and has experience at UBS.
Berachain Financing
In April 2023, Berachain completed a $42 million funding round led by Polychain Capital. This included OKX Ventures, Hack VC, Dao5, Tribe Capital, Shima Capital, Robot Ventures, Goldentree Asset Management, and others. In April 2024, Berachain announced that its Series B funding round had increased to $100 million, about 45% higher than previously reported. This round was participated in by Brevan Howard Digital, Polychain Capital, Hack VC, and Tribe Capital, among others.
Berachain Economic Model
The Berachain Foundation officially announced that the Berachain mainnet will launch on February 6, 2025. To address the bottleneck of Layer 1 public chains, Berachain has introduced a three-token model and a Proof of Liquidity (PoL) mechanism.
BERA: The gas token used for paying fees and basic settlements.
HONEY: Similar to DAI, it serves as a measure of value within the ecosystem.
BGT: A non-transferable governance token distributed through liquidity, binding the interests of long-term participants.
Additionally, the PoL mechanism controls inflation by adjusting the validators' Boost, ensuring the network's security and decentralization.
Berachain Summary
Berachain's technical highlights, community-driven approach, and three-token economic model, along with its lineup, have made it a "must-contend" area for airdrop players. As a rising star in the public chain track, it benefits from a strong community foundation, MEME culture characteristics, and other innovations. To maintain a stable position in the long run, the power of a single community or a few institutions is far from sufficient. Fortunately, Berachain's community and MEME are distinctive enough, and all of this will be tested by time.
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