- Berachain mainnet and TGE launch is scheduled for February 6, 2025.
- $142M was raised from top-tier VC firms, including Polychain and Framework Ventures.
Berachain, an Ethereum Layer 1 Blockchain has officially confirmed the launch of its mainnet and token generation event will happen on February 6, 2025.
The announcement comes with anticipation as crypto enthusiasts eye Berachain’s Proof of Liquidity (PoL) consensus model. Berachain is designed to align security and liquidity in its ecosystem.
Berachain’s Proof of Liquidity Model Disrupts Layer 1 Incentives
Berachain’s Proof of Liquidity (PoL) mechanism is positioned to disrupt traditional Proof of Stake (PoS) models. It will fuel blockchain security with decentralized finance (DeFi) activity. Instead of requiring validators to stake idle tokens, PoL mandates liquidity provision, ensuring that capital remains productive within the ecosystem.
Berachain’s ecosystem consists of three core tokens. $BERA serves as the blockchain’s native gas token, powering transactions. BGT (Berachain Governance Token) is a non-transferable token earned through liquidity provision and can be redeemed 1:1 for BERA. HONEY functions as the protocol’s stablecoin, facilitating transactions and incentives within the network.
“Proof of Liquidity is a game-changer. It forces networks to maintain economic activity rather than locking up capital with no use,” said Berachain co-founder Smokey, emphasizing how the mechanism could reshape blockchain incentives.
NFT Holders Speculate on Airdrop Eligibility as Floor Prices Soar
Ahead of the mainnet launch, speculation around token airdrops has intensified, particularly among holders of Berachain’s ecosystem NFTs—such as Bong Bears, Bond Bears, and Boo Bears. Many community members believe these NFTs will play a role in early token allocations.
The market has reacted swiftly, pushing NFT prices to new heights. Bond Bears surged 38%, reaching a floor price of 103 ETH ($288,000), a sharp rise from last month’s 75 ETH. Bong Bears, one of the most sought-after assets in the ecosystem, now command a staggering floor price of 330 ETH ($924,000)
Berachain has secured $142 million in funding across two rounds, attracting backing from top-tier crypto venture capital firms like Polychain Capital, Framework Ventures, and others. The blockchain’s public testnet, Artio, successfully onboarded thousands of developers since its launch in January 2024.
Beyond its novel consensus mechanism, Berachain is integrating cross-chain messaging, bridging protocols, and data availability solutions to ensure interoperability with existing Layer 1 and Layer 2 networks.
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