$BERA

$BERA is the native token of Berachain, a high-performance blockchain framework compatible with the Ethereum Virtual Machine (EVM). Here's what you need to know about $BERA:

*Current Price and Market Data*

- Current price: $3.10

- Market capitalization: $371.39 million

- 24-hour trading volume: $75.62 million

- Circulating supply: 119.45 million BERA

- Total supply: 501.97 million BERA

*Use Cases*

- *Spam Prevention Mechanism*: $BERA tokens are used to pay fees for transactions on the Berachain network.

- *Staking*: Validators staktokens (250,000-10 million) to secure the network and receive BGT rewards.

- *Governancholders can participate in governance decisions, although specific details about governance are not provided.

*Berachain's Unique Features*

- *Proof of Liquidity (PoL)*: A consensus mechanism that secures the netwlllllllincentivizes liquidity allocation.

- *Modular Design*: Allows for the development of Layer 1 blockchains tailored to specific needs without sacrificing interoperability or performance.

- *Tri-token Model*: Berachain's economic structure involves multiple tokens serving distinct purposes ¹.