On February 6, 2025, the long-awaited Berachain Mainnet officially launched, alongside its Token Generation Event (TGE). As a Layer 1 blockchain built on Cosmos SDK, Berachain is not only compatible with the Ethereum Virtual Machine (EVM), but also introduces the innovative Proof of Liquidity (PoL) consensus mechanism.
This makes it a rising star in the cryptocurrency world. The project has already attracted attention from investors, developers, and users, and it is expected to bring disruptive changes to decentralized finance (DeFi) and blockchain technology.
The official launch of Berachain Mainnet marks a significant step forward after more than a year of testing. This moment is important for investors and developers who have been closely following and eagerly awaiting the platform’s release. The mainnet launch represents not only the maturity of the technology but also a solid foundation for the future growth of the eco.
The Token Generation Event (TGE) allows users to participate in the Berachain eco by claiming tokens through wallets like Metamask and OKX Wallet. The BERA Genesis tokens have a total supply of 500 million, with 16.8% allocated to core contributors, 34.3% to investors, 15.8% for community airdrops, 13.1% for future community incentives, and 20% for eco development and research.
Additionally, BERA tokenomics show that the token supply has no cap, with an annual inflation rate of 10%. The HODLer airdrop rewards 10 million BERA (2% of the Genesis supply), and Binance’s listing circulation will start with 107,480,000 BERA, which is 21.5% of the total Genesis supply.
One of Berachain’s core innovations is the Proof of Liquidity (PoL) consensus mechanism. Unlike traditional blockchains that use Proof of Work (PoW) or Proof of Stake (PoS), PoL focuses more on the active participation of users and applications. By providing liquidity, users can earn rewards while helping to enhance the network’s security and stability.
Through this design, users who provide liquidity not only earn rewards but also gain a say in the platform’s decision-making process. Those holding BGT governance tokens can vote on major platform decisions, shaping the future of the network. This decentralized governance model gives community members more power and responsibility, increasing their sense of ownership and involvement in the platform.
Compared to other blockchains, Berachain’s Proof of Liquidity mechanism stands out because it emphasizes user-driven network security, rather than relying solely on validator rewards. This innovation gives Berachain a more efficient and fair consensus mechanism, which is crucial for its growth as a next-generation blockchain platform.
To promote the healthy growth of the eco, Berachain uses three different tokens, each with its own function:
This multi-token model ensures the long-term sustainability of the Berachain eco, while offering various opportunities for developers, investors, and users to participate and earn. With this token structure, Berachain not only boosts network security and usability but also encourages the rapid growth of DeFi projects and other blockchain applications.
Since the launch of Berachain Mainnet, the platform has seen rapid development, with more than 200 projects joining the Berachain eco. The community has also grown significantly, with the Discord community surpassing 50,000 members, indicating a strong and engaged user base.
This thriving community serves as a hub for developers, investors, and enthusiasts, providing a rich environment for new projects and collaborations. With continuous feedback and interaction, the platform is improving, and user suggestions are being actively implemented.
With the successful launch of Berachain Mainnet and the Token Generation Event, the platform is entering a phase of rapid development. In the future, Berachain plans to continue driving progress in DeFi and address key issues currently faced by blockchain technology.
The team has announced that in the coming months, they will introduce new features, including more DeFi applications, an NFT marketplace, and cross-chain functionality. These new features will further enhance Berachain’s competitiveness and help it carve out a stronger position in the ever-evolving crypto market.
In conclusion, the launch of Berachain Mainnet and the Token Generation Event marks a significant step for the platform’s future. With its innovative technical architecture, strong community support, and unique tokenomics, Berachain is on its way to becoming a key player in the cryptocurrency market. However, it’s important for investors to keep an eye on macroeconomic factors, as unexpected market fluctuations could still pose risks.