$BERA is not available at $10 very soon
Berachain's native token, $BERA, serves multiple essential functions within its ecosystem:
Transaction Fees:
#Bera is used to pay for gas fees on the Berachain network, facilitating seamless transactions.
Network Security:
Validators stake $BERA to participate in the Proof-of-Liquidity (PoL) consensus mechanism, enhancing network security and decentralization.
Liquidity Incentives:
Users providing liquidity in the ecosystem are rewarded with $BERA, promoting a robust and efficient decentralized finance (DeFi) environment.
Governance Participation:
While governance primarily involves the Berachain Governance Token (BGT), #Bera holders indirectly influence decisions by staking and participating in network activities.
These use cases position $BERA as a central component in Berachain's operations, driving transactions, security, liquidity, and governance within the ecosystem.
