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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 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 token is $BERA, while the non-transferrable governance token is the Berachain Governance Token ($BGT).
Berachain tokens
+Berachain features three main native tokens:
1. BERA: This is the main gas token of the Berachain protocol. BERA also functions as an activation bond for validators, meaning that validators must stake a specific governance-determined amount of $BERA to become active validators.
2. BGT: The Berachain Governance Token ($BGT) is awarded to direct delegators and specific liquidity providers (LPs). When a validator proposes a new block, they receive $BGT, which is then distributed to specific delegators and liquidity pools. $BGT is non-transferable, can only be earned through validators, and is used for staking, governance proposals, and can be burned to obtain $BERA.
3. HONEY: This is Berachain's native stablecoin, primarily used across most Berachain native decentralized applications (dApps).
Everstake participation
+Everstake currently operates as a validator on the Berachain Public Testnet bArtio B2.
Berachain dApps ecosystem
+Berachain features several native dApps, including BEX, Berps, and Bend. These dApps implement the PoL framework of PoL Gauges, enabling users to provide liquidity and qualify for $BGT emissions.
- Bex: Berachain's native decentralized exchange.
- Bend: Berachain's native lending and borrowing exchange.
- Berps: Berachain's native perpetual protocol (perps) implementation.
- Honey Swap: Berachain's native swap for $HONEY stablecoin for stables.
- BGT Station: Berachain's native DApp for managing your $BGT rewards.
- Beratrail: Berachain's native block explorer.
- Faucet: Berachain's native faucet for $BERA (gas token).
Berachain Testnet faucets
+Third-party faucets:
