Berachain, an Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain built on the Cosmos SDK, will officially launch its mainnet on February 6, 2025. The Berachain Foundation confirmed the launch date in a statement on X.
Innovative ‘Proof of Liquidity’ Consensus Mechanism
Berachain operates under a unique “proof of liquidity” model, where users must provide liquidity to decentralized finance (DeFi) protocols before securing the network. This approach harmonizes security and liquidity while aligning validator incentives.Funding and Ecosystem Support
The project raised $100 million in a Series B round led by Framework Ventures and Brevan Howard Digital. Earlier, it secured $42 million in a private token round from Polychain Capital. The Berachain mainnet will integrate cross-chain messaging protocols, custody solutions, and DeFi primitives at launch.Berachain’s Tri-Token System
Berachain employs three native tokens:Key Highlights:
By tying network security to liquidity provision, Berachain aims to create a more efficient and capital-rich blockchain ecosystem. - BGT (staking token): Earned by providing liquidity and used in governance.
- Bera (gas token): Used for transactions and can be obtained by burning BGT.
- Honey (stablecoin): Distributed as validator rewards.
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