Berachain is an EVM-Identical Layer 1 blockchain utilizing Proof-of-Liquidity (PoL). This means that it changes from the normal Proof-of-stake to a consensus mechanism which prioritises provision of Liquidity.
Berachain started as an NFT project and grew into a L1 after identifying and wanting to solve the major gaps that happens onchain between Liquidity and security. On Berachain, projects can come and build without having no problem of Liquidity fragmentation. Which means seamless swaps for all tokens.
Berachain uses Proof-of-Liquidity, a concept that changes the way L1 economics are structured, prioritizing liquidity providers and applications over validator rewards at baseline.
This means that providing liquidity is given priority for securing the chain, unlike the Proof-of-stake mechanism. This in turn ensures that there is always enough liquidity to perform transactions.
Network incentives go towards enriching ecosystem liquidity, contributing to efficient trading, price stability, securing the chain, and increasing the network/user growth.
Building on Berachain ensures that decentralized applications are the first to benefit, fees earned from the network are redirected at these decentralized applications, and Berachain is also highly compatible with Ethereum Ercs and Evm standard.
$Bera serves as the native gas and staking token for Berachain, powering the network. $Bera is used to pay for transaction fees, and perform activities throughout the network. It has a total supply of 500,000,000 tokens. With 20% allocated for the ecosystem.
Tokenomics below :
Berachain is a L1 focused on aligning security and Liquidity provision. Eliminating the problem of Liquidity fragmentation and building an ecosystem that benefits all.
Website: https://berachain.com
Twitter: X.com/Berachain
Discord: https://discord.gg/berachain
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