Crypto.com has listed Berachain after a string of recent listings on several major centralized exchanges.
Berachain (Bera) has been officially Listed On the Crypto.com app, allows users to buy tokens with more than 20 other Fiat currencies. This growth adds another milestone to the rapidly growing project, which has already received listing on some prestigious centralized exchanges including Mexc, Upbit and Bithumb.
After her crypto.com listing, Bera hit an all -time high level of $ 14.99. Although the price has fallen by about 50%, the press time has settled at about $ 7.65 as time.
Officially berachain Launched On 6 February, after one year anticipation after the release of its public testnet. During this period, the project acquired more than $ 100 million in funding.
The origin of Berachain can be detected back in the popular NFT collection known as “Bong Beer”. The NFT series was formed by a four-person team of co-founders named Pseudo, who goes by Monicors Homi Bera, Dev Beer, Papa Bear and Smoki The Bera.
The project is receiving a lot of traction for its innovative evidence of the consensus unanimous mechanism. However, a gaming-chain executive expresses his concern about the project the blockThe way Berachain first raised important funds through NFT, the way it later raised important funds before pivying to create a blockchain.
How does Berachain work?
Berachain is an EVM-S’s layer 1 blockchain built on the modular EVM-centric consensus client framework known as a beaccur. This liquidity gives a novel evidence of the unanimous mechanism, which separates it from the specific proof-of-set network. Bera Berachain acts as both gas and stacking tokens for the network.
In addition to Bera, the Berachain network includes BGT and Honey. There is a BGT stacking tokening that can only be earned by providing liquidity to exchanges and lenders such as Defef Primitives on-Chain. Unlike traditional staking tokens, BGT cannot be purchased on the open market – it should be earned through active participation in the network. Users who acquire BGT can choose to burn it to get bera. Once BGT is burnt, it becomes unbreakable. Those who accumulate their BGT tokens also generate honey, the stabechoin of the network as a prize through protocol fees and users “bribe”.
