Binance Officially Announces the 7th Project on the HODLer Airdrops Page – Berachain (BERA)!
Users who subscribed their BNB to Simple Earn products from 00:00 on January 22, 2025 (UTC) to 23:59 on January 26, 2025 (UTC) will be eligible to receive the BERA airdrop. Detailed information about the HODLer Airdrops is expected to be available within 12 hours, and the new token will be distributed to users’ Spot Accounts at least 1 hour before trading begins.
Binance will officially list BERA at 13:00 on February 6, 2025 (UTC) and open trading against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. BERA will be assigned a “Seed Tag”.
BERA Airdrop Details
- Token Name: Berachain (BERA)
- Genesis Total Token Supply: 500,000,000 BERA
- Max Token Supply: Unlimited (10% yearly inflationary rate based on the emission mechanism)
- HODLer Airdrop Allocation: 10,000,000 BERA (2% of the genesis total token supply)
- Circulating Supply at Binance Listing: 107,480,000 BERA (21.50% of the genesis total token supply)
Related: Binance Introduces Animecoin (ANIME) on HODLer Airdrops
Introduction to Berachain
Berachain is a Layer 1 blockchain built on Cosmos SDK, featuring high EVM compatibility and operating on a unique Proof of Liquidity (POL) consensus mechanism. With POL, Berachain effectively addresses two major challenges in blockchain: liquidity and decentralization.
The combination of POL and CometBFT – a consensus engine based on Cosmos SDK – enhances transaction processing speed while reducing operational costs. Furthermore, Berachain’s EVM compatibility allows Ethereum developers to seamlessly migrate their applications to Berachain with minimal modifications.
The project successfully raised $142 million across two funding rounds from top-tier investors, including Polychain Capital, Framework Ventures, and several other leading investment firms.
Berachain will officially launch its mainnet on TGE – February 6, 2025, marking a significant milestone in the development of its ecosystem
