The Berachain Foundation has announced a significant $647 million airdrop of its native BERA tokens, aligning with the mainnet launch set for February 6, 2025.
BERA Token Airdrop
79 million BERA tokens will be distributed to various participants within the Berachain ecosystem. This includes testnet users, NFT holders, and community builders. The focus will primarily be on holders of Bong Bears NFTs and related projects like Bond, Boo, Baby, Band, and Bit Bears, who will receive 34.5 million tokens, especially those bridging their NFTs to the Berachain network.
Tokenomics of BERA
BERA serves as the gas token for transactions and a staking token to secure the network within the Berachain ecosystem. The token allocation includes 13.1% for community initiatives, 20% for ecosystem research and development, 16.8% for initial core contributors, and 34.3% for investors.
What is Berachain?
Berachain is an Ethereum Virtual Machine (EVM)-identical blockchain that integrates a unique PoL consensus mechanism, improving the network’s security and scalability. The mainnet launch addresses the 'cold start problem' and offers meaningful interactions for users and applications right from the beginning.
With the mainnet launch and token distribution, Berachain aims to solidify its ecosystem and reward active participants, attracting significant attention within the crypto community.
