The live price of Berachain is - per (BERA / USD) with a current market cap of $378.51M USD. 24-hour trading volume is - USD. BERA to USD price is updated in real-time. Berachain is -% in the last 24 hours with a circulating supply of 119.47M.
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| Today | - | 0% |
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Berachain is an EVM-equivalent Layer 1 blockchain that operates using a Proof of Liquidity (PoL) mechanism. Unlike traditional Proof of Stake (PoS) or Proof of Work (PoW), Berachain’s PoL model integrates network security with liquidity provision, ensuring that validators, users, and protocols all contribute to these critical aspects.
At the core of Berachain’s infrastructure is BeaconKit, a modular consensus client platform designed for seamless compatibility with the Ethereum Virtual Machine (EVM). This allows developers to efficiently deploy and scale decentralized applications (DApps) using existing Ethereum tools and infrastructure.
The Berachain ecosystem supports a wide range of decentralized applications, including automated market makers (AMMs), real-world asset tokenization platforms, and Layer 2 scaling solutions. Through integration with the BEX decentralized exchange and other DeFi protocols, Berachain aims to offer users deep liquidity and robust decentralized financial activity.
During its testnet phase, Berachain successfully deployed over 250 DApps and secured a substantial total value locked (TVL) ahead of its mainnet launch. With a focus on security, liquidity, and composability, Berachain is committed to creating an optimized environment dedicated to decentralized applications and financial systems.
BERA is the native utility token of the Berachain network, primarily used for governance and network operations. It serves as the gas token for transaction fees, enabling smooth execution of activities within the ecosystem. Additionally, BERA is used for staking, where validators lock tokens to secure the network and earn participation rewards. In the Proof of Liquidity (PoL) model, BERA is also involved in liquidity provision, aligning network security with economic activity.
Berachain was founded by a group with extensive experience in decentralized finance (DeFi). The founding team includes Dev Bear, Man Bera, Smokey The Bera, and Papa Bear, who have been deeply involved in DeFi investing and ecosystem development since 2015.
BERA is the native utility token of Berachain and serves several key functions within the network:
BERA has no maximum supply. It has an annual inflation rate of 10%, depending on the issuance model.
Berachain supports a variety of decentralized applications, including automated market makers (AMMs), real-world asset tokenization platforms, and Layer 2 scaling solutions. One of its flagship applications is BEX, a decentralized exchange focused on liquidity provision and decentralized trading.
Berachain utilizes a Proof of Liquidity (PoL) consensus mechanism that combines network security with liquidity provision. This model incentivizes validators, users, and protocols to maintain deep liquidity while securing the blockchain. Additionally, Berachain is built using BeaconKit, allowing full compatibility with Ethereum tools and smart contracts.
The Berachain to other currencies exchange rate?
