L1-network Berachain reveals details of BERA's $632m airdrop
25.02.2025
The Berachain team will distribute 15.8% of BERA's 500 million tokens to the community during the Airdrop
The Berachain Level 1 (L1) modular blockchain team has revealed details of the BERA airdrop. The project's underlying network is scheduled to launch today, February sixth.Berachain Airdrop Details
Berachain will distribute BERA tokens to a wide range of participants in its community. The majority of the airdrop will go to holders of Bong Bears non-fungible tokens (NFTs) and related collections, including Bond, Boo, Baby, Band, and Bit Bears. Here's a detailed breakdown of the BERA coins in a future giveaway:- the community will get 48.9%, of which 15.8% will go to airdrop, 20% to research and development and 13.1% to other user rewards;
- investors will receive 34.3%;
- early adopters will receive 16.8%.
Focus on early adopters
As part of the airdrop, tokens will be given to members of Berachain's test networks - Artio and bArtio. In addition, the developers have allocated an additional 1.25 million BERA for community members who are active on social platforms. Exceptions are the accounts of decentralized applications (dApp) and the project team. In collaboration with the world's largest crypto exchange Binance, the Berachain team will also distribute 10 million BERA to BNB holders. Users who signed up for the “BNB to Simple Earn” program between January 22 and January 26 are eligible for the reward. Berachain's approach aims to reward early users and active participants in the emerging ecosystem. Verification of eligibility to participate in the BERA airdrop can be done through a special Berachain checker that the project team unveiled today. After the launch of the main network and token generation (TGE), BERA will appear on major crypto exchanges such as Binance and MEXC.What is Berachain
Berachain is a modular Tier 1 blockchain platform compatible with the Ethereum Virtual Machine (EVM). The project runs on a new consensus-based Proof-of-Liquidity (PoL) algorithm, a modification of delegated Proof-of-Stake (PoS). PoL allows to participate in staking and simultaneously provide liquidity for different dApps and services in the ecosystem. The peculiarity of Berachain is that the platform uses three types of tokens, each of which performs a unique function:- BERA is used to cover transaction fees;
- BGT provides the right to participate in network management;
- HONEY acts as a stablecoin.