The Berachain Foundation, the organization behind the innovative Proof-of-Liquidity (PoL) layer-1 blockchain, has announced a major $647 million airdrop of its native BERA token, coinciding with the mainnet launch on February 6, 2025.
BERA Airdrop
Coinciding with the mainnet launch, 79 million BERA tokens will be distributed to a diverse group of participants within the Berachain ecosystem. BERA trades at $8.2 according to Aevo data. Eligible participants include testnet users, NFT holders, and community builders. 34.5 million tokens are allocated mainly to Bong Bears NFT holders, with a focus on those bridging their NFTs to the Berachain network. Over 8.2 million tokens go to participants of public testnets Artio and bArtio.
BERA Tokenomics
BERA plays a key role in the Berachain ecosystem as a gas token and staking token. The token distribution includes 13.1% for community initiatives, 20% for research and development, 16.8% for initial contributors, and 34.3% for investors. This ensures Berachain's focus on community rewards and further development.
What is Berachain?
Berachain is an Ethereum Virtual Machine (EVM)-identical blockchain integrating a unique PoL consensus mechanism. It aims to solve the 'cold start problem' for early blockchains. The mainnet launch has generated significant buzz in the crypto community due to its innovative approach.
The Berachain mainnet launch and significant BERA token airdrop highlight a major step in developing a community-focused and innovative ecosystem.
