The Berachain Foundation has announced a significant $647 million airdrop, which coincides with the mainnet launch on February 6, 2025.
BERA token airdrop
Berachain has announced the airdrop of 79 million BERA tokens to its participants. According to Aevo, BERA is trading at around $8.2, valuing the total airdrop at $647 million. Tokens will be distributed among testnet users, NFT holders, and experienced community members. Bong Bears NFT holders and related projects such as Bond and Boo Bears will receive 34.5 million tokens.
BERA tokenomics
The BERA token will serve as a gas and staking token in Berachain. According to the tokenomics details, 13.1% will go to community initiatives, 20% is reserved for research and development, 16.8% for initial contributors, and 34.3% is allocated to investors.
What is Berachain?
Berachain is an Ethereum Virtual Machine (EVM)-compatible blockchain utilizing the unique PoL consensus mechanism focused on improving security and scalability. Berachain raised $142 million in two funding rounds, setting the stage for the mainnet launch.
Berachain's BERA airdrop emphasizes its commitment to rewarding community participants and strengthening the ecosystem. The mainnet launch marks a significant milestone in blockchain development.
