Berachain is a Layer 1 blockchain developed based on Cosmos SDK with high compatibility with EVM and operates on the novel Proof of Liquidity (POL) consensus mechanism. Berachain has successfully raised a total of 142 million USD in 3 rounds of funding and the project is currently valued at 1.5 billion USD, the funds leading the funding rounds include: Polychain capital, Framework Ventures, Brevan Howard Digital.
2. Tokenomics
- Total Supply: 500,000,000 BERA - HODLer Airdrop Reward: 10,000,000 BERA (2% of total supply)
- Circulating supply upon listing on Binance: 107,480,000 BERA (21.50% of total supply)
3. Team
Berachain's development team is also the Bong Bears NFT development team.
- Smokey The Bera: Co-founder of Berachain (https://x.com/SmokeyTheBera)
- Dev Bear: CTO at Berachain (https://x.com/itsdevbear)
