Berachain Ecosystem

Cosmos Ecosystem

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,".

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The company plans to use the fresh capital to expand its presence in Hong Kong, Singapore, Southeast Asia, Latin America and Africa. The firm currently has a test version of its blockchain available that has processed 100 million transactions, according to the funding announcement.

Berachain

Berachain is an EVM-compatible layer 1 blockchain utilizing Proof-of-Liquidity consensus mechanism.

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