KZG 口罩哥
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The BERA coin is going to be listed on Binance tomorrow night. Let's summarize what it actually is.
BERA is a public chain developed based on the Cosmos ecosystem. Its biggest innovation is a mechanism called Proof of Liquidity (PoL), which essentially allows those providing liquidity to participate in blockchain security governance.
The entire system has three coins: BERA is the main coin used for gas fees, BGT is a governance token that cannot be traded, and HONEY is a stablecoin pegged to the US dollar.
Regarding token distribution, the total supply at inception is 500 million BERA, with an annual inflation rate of 10%. The circulating supply before the Binance listing is 107.5 million coins, accounting for about 21.5%.
By the way, tomorrow night there will be an airdrop of 10 million tokens to BNB holders, accounting for 2% of the total initial supply.
The team is anonymous, consisting of four people with bear codenames, who were early investors in OlympusDAO.
Last year, they raised 42 million USD, led by Polychain, with a valuation of 420 million USD.
The entire project focuses on the DeFi track and already has applications like DEX and lending platforms, and it can connect with both Cosmos and Ethereum.
This project is quite interesting as it uses the new Proof of Liquidity mechanism to solve the traditional PoS lock-up issue, and the ecosystem is developing well.
As for the new coin price, it's still the old rule, determined by the amount released in the short term.
BERA is a public chain developed based on the Cosmos ecosystem. Its biggest innovation is a mechanism called Proof of Liquidity (PoL), which essentially allows those providing liquidity to participate in blockchain security governance.
The entire system has three coins: BERA is the main coin used for gas fees, BGT is a governance token that cannot be traded, and HONEY is a stablecoin pegged to the US dollar.
Regarding token distribution, the total supply at inception is 500 million BERA, with an annual inflation rate of 10%. The circulating supply before the Binance listing is 107.5 million coins, accounting for about 21.5%.
By the way, tomorrow night there will be an airdrop of 10 million tokens to BNB holders, accounting for 2% of the total initial supply.
The team is anonymous, consisting of four people with bear codenames, who were early investors in OlympusDAO.
Last year, they raised 42 million USD, led by Polychain, with a valuation of 420 million USD.
The entire project focuses on the DeFi track and already has applications like DEX and lending platforms, and it can connect with both Cosmos and Ethereum.
This project is quite interesting as it uses the new Proof of Liquidity mechanism to solve the traditional PoS lock-up issue, and the ecosystem is developing well.
As for the new coin price, it's still the old rule, determined by the amount released in the short term.
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