#币安上线BERA Binance launched Berachain (BERA) on February 6, 2025. Here is the relevant information:

Background of the launch

Berachain is a high-performance, Ethereum Virtual Machine (EVM) compatible Layer-1 blockchain that uses a unique "Proof-of-Liquidity" consensus mechanism. Its mainnet was launched on February 6, and a large-scale token airdrop was carried out at the same time.

Airdrop and launch details

• Airdrop plan: The Berachain Foundation airdropped approximately US$632 million worth of BERA tokens, of which approximately 80 million tokens were allocated to eligible users. In Binance's HODLer airdrop plan, users who subscribed BNB to the Binance Simple Earn product between January 22 and January 26, 2025 are eligible to receive part of the 10 million BERA tokens, which account for 2% of the total supply.

• Launch time: BERA was launched on Binance at 13:00 UTC on February 6, and supports trading pairs such as BTC, USDT, USDC, BNB, FDUSD and TRY.

• Token supply: The total supply of BERA is 500 million, with an annual inflation model of 10%. The circulating supply at the time of launch was 107.48 million, accounting for 21.5% of the total supply.

Market performance

• After the launch, BERA opened at $9.76 on Binance, and then the price fluctuated. On February 7, the price was about $6.98.

• In the early days of the launch, the price of BERA reached a high of $14.83, but then fell back to about $8, showing a large volatility.

Other information

• In addition to Binance, other major cryptocurrency exchanges such as Bybit, Bitget, MEXC and KuCoin also launched BERA on February 6.

• Berachain’s mainnet attracted over $3.1 billion in user deposits through its pre-launch platform Boyco before its launch.