Berachain is a Layer 1 blockchain compatible with the Ethereum Virtual Machine (EVM), distinguished by its innovative Proof of Liquidity (PoL) consensus mechanism. This system aims to secure the network while aligning incentives between validators, liquidity providers, and dApp developers. Since its launch, Berachain has attracted significant attention, including an airdrop of 79 million $BERA tokens to reward early contributors and a Total Value Locked (TVL) reaching $1.77 billion in one day, ranking it 7th among blockchains in terms of TVL.
The Berachain ecosystem is based on three distinct tokens:
$BERA , used for transaction fees and staking.
$BGT (Bera Governance Token), a governance token obtained through liquidity provision.
$HONEY, a native stablecoin pegged to the dollar.
This tri-token model, combined with PoL, strongly encourages liquidity and could transform the blockchain economy. However, is this approach really a sustainable step forward or does it risk complicating the ecosystem and limiting its adoption?
With such growth since its launch, can Berachain compete with established blockchains like Ethereum, Solana or Avalanche? Or are we simply witnessing a passing craze driven by attractive incentives?
Do you think that Proof of Liquidity is a revolution for DeFi or just a passing trend?
