📌All You Need To Know About Berachain
Berachain is an EVM-equivalent L1 built on the Cosmos SDK and powered by Proof of Liquidity. Berachain's technology is built on Polaris, a high-performance blockchain framework for building EVM-compatible chains on-top of the CometBFT consensus engine that doesn't exist. Or does it 👀
Berachain has just launched their testnet - Artio. (https://medium.com/berachain-foundation/the-bera-era-has-begun-49a18c6d77c0)
Steps to try out their testnet
Go to: https://artio.faucet.berachain.com/#dapps
- Scroll up, or click on the top right button with the faucet logo
- Enter wallet and claim testnet $BERA
Go to BEX: https://artio.bex.berachain.com/
- Add chain to Metamask, switch network
- Swap $BERA to $HONEY
Go to https://artio.honey.berachain.com/
- Redeem $HONEY for STGUSDC
Go to https://artio.bend.berachain.com/
- Supply and borrow $HONEY
Go to https://artio.berps.berachain.com/
- Deposit $HONEY into the vault
- Long/short with $HONEY as collateral
Tri-token Model
- BERA, network token used to send transactions, ie the "gas token."
- BGT, governance token. Non-transferable and acquired by depositing liquidity in native BEX.
- HONEY, the native consensus collateralized stablecoin
Raise
• Raised a 42M Series A @ 420.69M FDV
• Investors: Polychain, Hack VC, dao5, Tribe Capital, Shima Capital, CitizenX, Robot Ventures and others
Tokenomics
• TBD
Ecosystem
Infrared (intent-centric strategy for navigating Proof-of-Liquidity)
Kodiak (Berachain’s Native Liquidity Hub)
Beradrome (Restaking and liquidity marketplace)
Berachain NFT Collection (Bong, Boo, Baby, Band, Bit Bears)
HoneyJar (unofficial community NFT project)
And many more over at - https://www.berachain.com/#ecosystem
Berachain Socials
Telegram: https://t.me/BerachainPortal
Discord: https://discord.com/invite/berachain
Github: https://github.com/berachain
Twitter: https://twitter.com/berachain
Website: https://www.berachain.com/
🫡 Follow for curated alpha -> https://t.me/kirbycrypto
#Berachain