Berachain: EVM L1 secured by Proof-of-Liquidity, tri-token system.
Berachain, an EVM-compatible L1, uses Proof-of-Liquidity and a tri-token system (BERA, HONEY, BGT) for governance and rewards.
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What is Berachain (BERA)?
Berachain is a Layer 1 blockchain compatible with the Ethereum Virtual Machine (EVM). Constructed using the Cosmos SDK, its security is ensured through an innovative Proof-of-Liquidity consensus mechanism. Berachain utilizes a unique three-token system consisting of BERA (the native gas token), HONEY (a native stablecoin), and BGT (a non-transferable governance token). Users can earn BGT by staking BERA or designated 'permissioned' tokens, allowing them to benefit from the HONEY generated by the blockchain's infrastructure as a reward for participating in governance.
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Berachain price live information
As of now, Berachain is trading at 3.838 USD, with a 24-hour trading volume of approximately 44.69M USD. The BERA to USD price is updated in real time. Over the past 24 hours, Berachain has increased by 18.13%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 414.46M USD. Currently, there are 107 989 298 BERA in circulation out of a maximum supply of 500 509 298 BERA.
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