How to Participate in the Berachain Testnet Airdrop (Part 2)

Introduction to the Berachain Testnet Airdrop

Berachain is a high-performance Layer 1 blockchain that is EVM-compatible, built on the innovative Proof-of-Liquidity (PoL) consensus mechanism. This novel mechanism aims to align and optimize incentives within the network, fostering strong collaboration between Berachain validators and its ecosystem of projects. The technology underlying Berachain is constructed on Polaris, a robust blockchain framework that facilitates the creation of EVM-compatible chains on the CometBFT consensus engine.

Berachain has successfully raised $142 million from prominent investment funds, including Polychain Capital and HashKey Capital, among others.

On June 10th, the upgraded version, Berachain V2, officially launched, marking a crucial step in the platform’s preparation for its transition to the mainnet. This new version continues to focus on developing the Proof of Liquidity (PoL) consensus, which balances returns among validators and other ecosystem participants, including users and applications. This not only allows Berachain V2 to expand liquidity swiftly but also enhances the economic security of its ecosystem.

Berachain V2 represents a significant leap from V1, introducing new structures to improve the diversity of execution and consensus clients. This provides users with a seamless, consistent, and smooth experience. Investors can now participate in the Public Testnet V2 program, engage more deeply with the ecosystem, and receive airdrops in the near future.

Related: Guide to Participating in the BeraChain Testnet Airdrop (Part 1)

How to Participate in the Berachain Testnet Airdrop

Step 1: Faucet

• Visit the Faucet.
• Enter your MetaMask wallet address and click “Drip Tokens”.
• Ensure you have at least 0.01 ETH tokens on the Ethereum mainnet to make the faucet request.

Step 2: Interact with dApps on Berachain

Swap Tokens

• Go to Swap.
• Click “Connect” to add the network and connect your MetaMask wallet.
• Proceed to swap tokens (it’s recommended to swap about 60% of your BERA to HONEY).

Add Liquidity

• Visit Pools.
• Click “+Add” (choose the HONEY – WBERA pair).
• Enter the amount of liquidity and confirm in your wallet.

Mint HONEY Tokens

• Access Mint HONEY.
• Connect your wallet and select “Redeem”.
• Receive the amount of HONEY and proceed to redeem it for STGUSDC.
• Re-mint by entering the amount of STGUSDC just redeemed into HONEY and clicking “Mint”.

Borrow or Lend

• Go to Borrow Honey.
• Click “Borrow Honey” to deposit collateral and borrow HONEY tokens.

Add LP and Earn BGT Tokens

• After adding LP and earning BGT tokens, visit Gauge.
• Click “Add” and enter the amount of HONEY tokens to delegate.

Trade

• Navigate to Trade.
• Connect your wallet and click “Start Trading”.
• Execute any spot trading pair.

Berachain V2 not only offers an opportunity to engage with a cutting-edge blockchain ecosystem but also promises substantial benefits for investors and users.