#CryptoFees101 1. What Is Berachain & BERA Token?$BERA
A high-performance EVM-compatible Layer 1 blockchain using a novel Proof-of-Liquidity (PoL) mechanism to tie liquidity provision with network security .
BERA is its native utility token, used for gas fees, staking by validators, and governance .
2. Triple-Token Ecosystem
HONEY – a stablecoin backed by centralized assets (e.g., USDC).
BGT – a governance token, non-transferrable and earned through participation .
3. Airdrop & Tokenomics
10 million BERA (2% of total supply) was airdropped to Binance users who staked BNB via Simple Earn between Jan 22–26, 2025 .
Overall supply distribution:
Genesis supply: 500 million BERA
Circulating at launch: ~107.5 million (21.5%) .
4. Binance Listing Launch
Official listing and trading of BERA on Feb 6, 2025 at 13:00 UTC.