Cryptocurrency Knowledge

What is BERA?

GET TO KNOW BERA

Table of Contents

What is Berachain (BERA)?

Berachain (BERA) is an EVM-compatible (EVM-compatible) Layer 1 blockchain.
which focuses on decentralized finance (DeFi) using a Proof-of-Liquidity (PoL) consensus system.
To integrate security with the liquidity of the system, Berachain is built on the Cosmos SDK and has developed from NFT projects.
Became a chain with the BeaconKit SDK, a modular development kit. The BERA token is used for as a gas value,
Staking and governance

Native Blockchain:

Berachain is a traditional (Native) Layer 1 blockchain that runs independently and is built on the Cosmos SDK.
For flexibility of modification (modularity) and high efficiency

Protokola Konsensus:

Berachain uses a Proof-of-Liquidity (PoL) consensus system
It combines a Proof-of-Stake (PoS) system with liquidity incentives.
The transaction validators place the BERA stake.

Founder/Date founded:

It was founded in 2023 by a team that uses pseudonyms, which include names like Smokey The Bera.
By Berachain, it started out as a meme NFT project before becoming a blockchain.
The team specializes in DeFi and is backed by venture capital companies (VCs).
Like Polychain Capital, the main network (Mainnet) launched in February 2025

Objective/Use case:

Berachain was created to solve the problem of liquidity dispersion and balance incentives in the DeFi system through the PoL mechanism.
To build a sustainable economy, Vision: To lead an EVM platform for easily accessible dApps. Use cases cover DeFi
(such as AMMs, lending, derivatives), GameFi, NFTs and various infrastructures)

Total supply/Limit or Unlimited:

The total supply is limited to 1,000,000,000 BERA.

Supply Deflation:

Berachain has a partially deflationary supply reduction property through a buyback-and-burn mechanism.
On the protocol's revenue, which helps resist the roughly 1.44% annual inflation caused by the release of new coins.

Source:

https://www.berachain.com/

https://messari.io/project/berachain

https://www.gate.com/blog/5934/Berachain-Mainnet-Launch--What-s-the-Value-Behind-It -

https://blog.berachain.com/blog/berachain-governance-update-pol-v2-usdt-collateral-and-rfrv-batch-17-approved

https://coinmarketcap.com/currencies/berachain/

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