#ChartoftheDay Berachain, a high-performance Layer-1 (L1) blockchain that runs on a Proof of Liquidity (PoL) consensus, is quickly approaching 100 million unique addresses on its public testnet.
Berachain has been creating a buzz with its modular framework and unique PoL consensus in the crowded L1 space. Since its launch, its testnet has received great enthusiasm from the community, with the testnet and its faucet having experienced congestion many times.
Berachain’s Tri-token model, which consists of $BERA, $HONEY, and $BGT, is unique, too, with each serving distinct roles to enhance the ecosystem's functionality.
#Berachain is now on track to launch its #mainnet within the year after running its testnet for nearly a year. The mainnet launch will also be paralleled with the launch of Berachain’s mainnet token and governance token $BGT and its native stablecoin $HONEY as well as the token generation events (TGE) of many projects in the Berachain ecosystem especially DEXes.
Berachain was valued at over $1 billion in its last fundraising event. As an investor in Berachain, Bing Ventures looks forward to its mainnet launch and the impact it will bring.