#BERAonBinance

Berachain is a high-performance, Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain that utilizes a unique Proof-of-Liquidity (PoL) consensus mechanism. This design encourages users to provide liquidity to decentralized finance (DeFi) applications, thereby enhancing network security and liquidity efficiency.

The network employs a tri-token system:

$BERA: Serves as the native gas and staking token, used for transaction fees and validator staking.

$BGT: The governance token, allowing holders to participate in network decision-making processes.

$HONEY: A native stablecoin used within the ecosystem.

On February 6, 2025, Berachain launched its mainnet and initiated a significant airdrop, distributing approximately $1.1 billion worth of $BERA tokens to early supporters.