Berachain announced that the mainnet will launch on February 6
ChainCatcher news, Berachain announced that its mainnet will officially launch on February 6, 2025.
Previous news, the Berachain Foundation released the network white paper. Berachain is a new type of EVM-compatible Layer 1 blockchain designed to align the value of the network with the value of the applications built on it through the Proof of Liquidity (PoL) mechanism. Its core innovation of Proof of Liquidity (PoL) changes the traditional Proof of Stake (PoS) incentive mechanism, linking the rewards of validators to the demand for applications on the network.
In terms of the economic model, BERA is used for staking and trading, while BGT is used for governance and rewards. The issuance of BGT is closely related to the staking of BERA, and BERA can be exchanged by burning BGT. Additionally, the PoL mechanism controls inflation by adjusting the Boost of validators, ensuring the security and decentralization of the network.