$BTC
Berachain (BERA) is a Layer-1 blockchain that introduces a unique Proof of Liquidity (PoL) consensus mechanism, aiming to enhance network security and liquidity provisioning. The Berachain ecosystem utilizes a tri-token model:
BERA: The native token used for transaction fees and validator staking.
BGT (Bera Governance Token): A non-transferable token earned through productive activities within the ecosystem, granting governance rights.
HONEY: A USD-pegged stablecoin used for collateral-backed transactions.
On February 6, 2025, Berachain launched its mainnet and initiated a significant airdrop of over $600 million in BERA tokens. Approximately 79 million BERA tokens, representing 15.8% of the total supply, were distributed to eligible users.
As part of this initiative, Binance included Berachain in its HODLer Airdrops program. Users who subscribed their BNB to Binance's Simple Earn products between January 22 and January 26, 2025, were eligible to receive a portion of 10 million BERA tokens, accounting for 2% of the total supply. The distribution was based on historical snapshots of BNB balances during this period.
Following the airdrop, BERA was listed on Binance on February 6, 2025, at 13:00 UTC, with trading pairs including BTC, USDT, USDC, BNB, FDUSD, and TRY.
The Berachain airdrop strategy aims to decentralize its network by distributing a significant portion of the BERA supply to various stakeholders, including NFT holders and participants in community initiatives.
For a detailed overview of the Berachain airdrop and tokenomics, you might find the following video informative:
