Introduction to Berachain and Its Launch
Berachain is a new Layer 1 blockchain that launched its mainnet on February 6, 2025, featuring an innovative Proof of Liquidity (PoL) consensus mechanism for better security and liquidity. In connection with its launch, Berachain airdropped about $632 million in its BERA token to eligible users, distributing 79 million tokens from an initial total of 500 million
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Understanding Proof of Liquidity (PoL)
The scheme is called Proof of Liquidity (PoL), which manages the provision of the usage and staking of crypto tokens but does not lock them up. This tends to keep tokens in use for other purposes, including trading, yet still secures the network. The system thus aims at creating a balance between validators that secure the network and protocols that support its growth. For instance, in Berachain, using PoL allows users to lock their tokens in liquidity pools and then get rewards for this position. Their tokens will remain liquid for their transactions. Rewards are earned based on participation or cooperation among all the users. Using PoL makes crypto activities easier, with the promise that everyone gets rewards for acting on these roles.
Trading Begins for BERA Token
Trading for BERA began on several exchange platforms on February 6, 2025. Kraken, Bybit, and KuCoin have listed it so far. The withdrawal dated February 7, 2025, will be activated soon. Berachain is designed to support the decentralized finance arena, gaming, and Web3 applications. Its trading and growth are expected to be massive in 2025.