Berachain is a high-performance, EVM-compatible Layer-1 blockchain that leverages the innovative Proof of Liquidity consensus mechanism to seamlessly integrate liquidity and security at the network level. It has a two-token system: BERA, used for gas fees and staking, and BGT, a non-transferable token for governance and rewards.The BERA token serves as the native token, enabling transactions, governance, and staking.

Berachain was founded by a team of blockchain developers and DeFi experts, including Dev Bear, Man Bera, Smokey The Bera, and Papa Bear.

• High scalability: Berachain uses an advanced consensus mechanism to support a high number of transactions per second.

• EVM-compatible: Supports Ethereum-based smart contracts and dApps seamlessly.

• Two-token model: Uses BERA for gas and staking, while BGT is for governance and rewards.

• Governance: BERA holders can vote on protocol upgrades and decisions.

Berachain is positioned as a key player in the DeFi sector, addressing critical scalability and efficiency challenges. Ranked among the top 100 cryptos by market cap, BERA is expected to grow as the DeFi market expands. Analysts see Berachain as a crucial infrastructure layer for decentralized finance solutions.

The current price of Berachain (BERA), as of 7 February 2025, is ₹700. You can buy BERA from crypto exchanges like CoinSwitch.

• DeFi trading: Trade digital assets with low fees and high-speed transactions.

• Staking: Stake BERA tokens to earn passive rewards.

• Lending and borrowing: Use BERA in DeFi lending platforms.

• Governance: Participate in network decisions by voting with BERA tokens.

• High scalability and low transaction fees.

• Strong focus on DeFi applications.

• Governance and staking opportunities for token holders.

• Faces competition from established DeFi blockchains.

• Adoption depends on DeFi market growth.

• Market volatility common in crypto investments.

• Start investing in BERA with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for all users.

• Easily manage your transactions and portfolios on the app.

Berachain (BERA) is a DeFi-optimized blockchain aiming to revolutionize decentralized finance. The native token, BERA, has a total supply of 500M BERA tokens, allocated as follows: 

• 13.01% for the community

• 16.82% for early contributors

• 34.31% for private investors

• 15.8% for airdrops

• 20.06% for ecosystem incentives

The Initial Exchange Offering (IEO) took place from 10 June to 11 June 2024, on Binance Launchpad, with a sale price of $0.05 per token, raising $100,000. BERA tokens are used within the ecosystem to power DeFi transactions, staking, and governance, positioning Berachain as a high-performance blockchain for financial applications.