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About Berachain
Berachain is an EVM-Identical Layer 1 blockchain that employs Proof-of-Liquidity (PoL) for its consensus mechanism. This EVM-identical setup ensures full compatibility with all the tooling that comes native with the EVM, allowing Berachain to seamlessly integrate any EVM updates or forks without requiring modifications.
Delegating step-by-step
Staking with Everstake is not yet available. Stay tuned for updates!
faq
What is PoL?
+Proof-of-Liquidity (PoL) is an innovative consensus mechanism that is build upon the main PoS concept of securing a chain by staking native tokens, but on on top of it, PoL adds additional soulbound governance tokens that determine a staker's potential reward weight and reward those providing liquidity to the chain via governed reward vaults.
This approach separates the roles of the gas and security token from the governance token used for reward allocation. In Berachain's system, the native gas and staking token is $BERA, while the non-transferrable governance token, $BGT (Bera Governance Token), serves the function of economic incentives. Read more about PoL here.
Berachain tokens
+Berachain's consensus model is based on the Proof-of-Stake (PoS) framework and consists of two key components:
$BERA – Validators secure the chain by staking the native gas token - BERA.
$BGT – A soulbound governance token, distributed by validators for proposing new blocks, and ultimately rewarded to users who provide liquidity to the ecosystem.
Learn more about Berachain Tokenomics here.
Everstake participation
+Everstake currently operates as a validator on the Berachain Public Testnet bArtio B2.
Berachain native dApps
+Berachain features several native dApps, including BeraHub, BEX, and Honey Swap.
- BeraHub - a place to manage all things BGT and access Berachain liquidity through BEX.
- BEX - Berachain's native decentralized exchange.
- Honey Swap - allows users to trade approved stables and assets for $HONEY.
Berachain Testnet faucets
+Third-party faucets: