As a Layer 1 public chain, Berachain is committed to building a high-performance, easy-to-use and feature-rich infrastructure to attract developers and projects to build decentralized applications (dApps) on it. From the existing information, some of Berachain’s key features and advantages include:
1. Easy Migration: Berachain may provide a convenient way for existing dApps on Ethereum or other L1 to migrate to its network relatively easily, reducing migration costs and complexity.
2. Three-token system: Berachain adopts a unique three-token mechanism, namely BERA (network gas token), HONEY (native algorithmic stablecoin) and BGT (non-transferable governance token), which are used to pay transaction fees, realize value exchange within the ecosystem and participate in on-chain governance decisions.
3. Community and ecosystem building: As of the end of 2023, Berachain has received significant community support. The Discord community has more than 50,000 members, and more than 100 teams have expressed interest in developing projects on the platform or have already started. development.
4. Technology Development Plan: According to previous reports, Berachain has completed multiple rounds of financing and plans to release a public test network in the next few weeks, followed by the main network later this year. With the release of the main network, we can expect more specific ecological projects to be launched, covering DeFi, NFT, games, social and enterprise-level solutions.