The Berachain Foundation announces the launch of its mainnet and a significant BERA token airdrop on February 6, 2025.
Overview of the Airdrop
The Berachain airdrop coincides with the mainnet launch, distributing 79 million BERA tokens to various ecosystem participants. These include testnet users and NFT holders, such as Bong Bears and other projects. Additional token claims are available for social media participants.
Tokenomics of BERA
BERA acts as both a gas token for transactions and a staking token to secure the Berachain network. Allocation includes 13.1% to community initiatives, 20% for ecosystem R&D, and 34.3% for investors. Berachain plans additional token distributions through a partnership with Binance.
What is Berachain?
Berachain is an Ethereum Virtual Machine-identical blockchain featuring a unique PoL consensus mechanism, enhancing network security and scalability. It aims to solve the 'cold start problem' with robust user engagement and attracted significant early funding.
Berachain positions itself as a strong competitor in the blockchain space with a focus on community development and engagement.