The highly anticipated Berachain, utilizing Proof of Liquidity (PoL) consensus, has officially launched its mainnet after raising $142 million across two funding rounds—with its latest valuation reaching $1.5 billion. Major exchanges like Binance, OKX, Bybit, Upbit, and Bithumb have announced listings for $BERA, with trading set to begin at 9 PM UTC on February 6.
Q5 Arrives: Berachain Mainnet Goes Live
Known for its "Q5" meme timeline, Berachain confirmed its mainnet launch for February 6, ending the wait for this pivotal moment. The project also released its tokenomics:
- Core Contributors: 16.8%
- Investors: 34.3%
- Airdrop: 15.8%
- Community Incentives: 13.1%
- Ecosystem Fund: 20%
Investor and team tokens will unlock linearly after one year. Eligible users can check and claim airdrops via the official portal. Note: The Boyco campaign is excluded from the first airdrop wave.
$1.5B Valuation: Can PoL Gain Traction?
Berachain’s Proof of Liquidity (PoL) model, leveraging $BEAR and $BGT tokens, aims to create a DeFi-native blockchain. Key milestones:
- April 20, 2023: Raised $42M (Series A) led by Polychain, with participation from Hack VC, OKX Ventures, and others.
- April 12, 2024: Secured $100M (Series B) co-led by Framework Ventures and Brevan Howard Digital, boosting valuation to $1.5B.
👉 Explore Berachain’s PoL mechanism in depth
FAQ
1. When does $BERA trading start?
February 6, 9 PM UTC on Binance, OKX, and other major exchanges.
2. How do I claim my airdrop?
Use the official claim portal. Avoid third-party links.
3. What’s unique about Berachain’s PoL?
It incentivizes liquidity provision over staking, aligning with DeFi protocols' needs.
👉 For institutional insights, visit OKX Ventures
Risk Disclosure: Cryptocurrency investments carry high volatility and risk of capital loss. Assess risks prudently.
### Keywords
- Berachain
- Proof of Liquidity
- $BERA token
- Mainnet launch
- Tokenomics
- Airdrop
- DeFi