1. Overview of Berachain Berachain’s origins trace back to the Bong Bears NFT series launched in August 2021. The project was initiated by four anonymous founders who identified themselves as native crypto enthusiasts. Inspired by OlympusDAO, the Bong Bears team created several new NFT collections, such as Boo Bears, Babyars, and Band Bears. As the project evolved, the team realized that traditional Proof-of-Stake (PoS) mechanisms, while enhancing network security, could reduce on-chain liqui...