Today's topic will be about Binance listing Bera Chain.
As you know, Binance Turkey has listed the Bera token of the Bera Chain ecosystem today.
Now, let's take a look at this together.
Bera Chain is an EVM-compatible Layer 1 project.
EVM, which stands for Ethereum Virtual Machine, is a virtual machine that runs smart contracts on the Ethereum Blockchain.
It also combines liquidity and security by using Proof of Liquidity.
This ensures both efficiency and network security.
Since Bera Chain is an ecosystem, it has a token called Bera and also a stablecoin called Hone.
Bera can be used for gas fees and staking...
Honey serves as a stablecoin for transfers within the ecosystem.
As I was browsing the site, I noticed the following values.
It has reached a Total Value Locked (TVL) of $3.1 billion and has completed 672 million transactions.
So what do these numbers mean?
Let me explain that right away.
TVL, which stands for Total Value Locked, shows the total value locked in a DeFi protocol.
It represents the total of pools, such as staking pools.
And the $3.1 billion TVL value here really excited me.
Because it's a much higher amount than what I’ve seen in recent projects.
I can also say it's higher than most projects.
They have also established some very large partnerships.
Some of them include Google Cloud, Layer Zero, Magiche, and Paypal.
Why am I mentioning these?
Because these were the most important parts for me.
They have partnered with Google Cloud in the field of cloud technology to provide credit.
Magiche is already a very large NFT platform that you all know.
Here, they’ve formed a collaboration with Berachain for NFT trading.
Additionally, they’ve created a system compatible with Paypal and Berachain’s stablecoin, Hone.
They’ve created a nice and user-friendly site. I visited the Berachain website and reviewed it.
When we open the homepage, it shows that the Mainnet is Live.
Also, they’ve added a claim airdrop button here.
If you’ve used the platform before or carried out transactions on it, you may have received an airdrop. Don’t forget to check!
