What is Berachain?

Berachain is an EVM-compatible layer 1 blockchain, built using the Cosmos SDK, and secured by the novel Proof-of-Liquidity Consensus Protocol.

Berachain has a tri-token system of bera (the native gas token), honey (a native stablecoin) and BGT (the "non-transferrable" Bera Governance Token). Users who stake bera or "other permissioned tokens" will earn BGT over time, allowing them to "capture honey generated by the underlying chain architecture as a reward for their participation in governance,".