Berachain

What is Berachain (BERA)?

Berachain is a layer-1 blockchain whose native token is BERA. It was created by a group of pseudonymous developers and its mainnet went live on 6 February 2025, together with an airdrop. Its distinctive design is Proof of Liquidity, a variant of delegated proof of stake meant to align the incentives of securing the chain with those of providing liquidity.

How Berachain works

Validators join the active set based on staked BERA, and the set holds the top 69 validators by stake. A validator with more stake is chosen to produce blocks more often. Each block's emission is split in two parts: a fixed base amount goes to the validator operator, and the rest flows through reward vaults according to the validator's allocation.

• Validators earn base rewards and incentive commission.
• Reward Vault stakers earn allocated emissions.
• Businesses attract emissions by funding incentives.
• Governance whitelists vaults and tokens and sets system parameters.

Berachain originally used two tokens, BERA and the non-transferable BGT. Proof of Liquidity moved on 8 July 2026 to a single-token model based on wrapped BERA, and BGT is deprecated.

Applications on Berachain can compete for emissions by offering incentives to validators and vault stakers, which is the basis for its liquidity-focused design.

BERA supply and token design

Genesis supply was 500 million BERA. The published allocation gave 48.9% to the community, including a 15.8% airdrop, 13.1% for further community initiatives and 20% for ecosystem research and development. Investors received 34.3% and advisors and core contributors 16.8%. Investor and contributor tokens followed one schedule: one-sixth unlocked after a one-year cliff and the rest vesting linearly over the next 24 months. BERA is issued as block emissions, so supply grows over time. Live circulating supply is shown in the market data on this page.

BERA is the native gas and staking token of the chain.

Official information is on berachain.com.

What to check before using BERA

• Vesting unlocks for investors and contributors run until early 2028, which can add supply pressure.
• Ongoing emissions mean supply is not capped, so holders can be diluted unless they stake.
• The move away from BGT shows the incentive design can change, and governance can change it again.
• Much of the chain's activity is driven by incentives, which can leave when emissions change.
• As a younger layer-1, it carries smart contract and bridge risks across its applications.