What Is Berachain (BERA)?
Berachain is a high-performance EVM-identical Layer 1 blockchain designed to enhance liquidity and security in decentralized finance (DeFi). Unlike traditional blockchains that use Proof-of-Stake (PoS), Berachain introduces Proof-of-Liquidity (PoL), a consensus mechanism that ties network security directly to liquidity. Built using the Cosmos SDK, Berachain is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to deploy Ethereum-based smart contracts and dApps without modifications.
The network operates with a three-token model—BERA (gas token), BGT (governance token), and HONEY (stablecoin)—each playing a specific role in the ecosystem.
How Berachain Works
Berachain's Proof-of-Liquidity (PoL) model is designed to align incentives between validators, liquidity providers, and protocols. Instead of staking tokens like in Proof-of-Stake, validators must secure the network by directing liquidity to the ecosystem, ensuring deep liquidity for DeFi applications. The network rewards participants with BGT, a non-transferable governance token that can be delegated to validators to boost their rewards. Berachain is also EVM-identical, meaning it supports Ethereum smart contracts, tools, and upgrades without changes. The network’s three-token system ensures separation between transaction fees (BERA), governance (BGT), and stablecoin usage (HONEY), creating a more balanced blockchain economy.
Who Are the Founders of Berachain?
Berachain was founded by pseudonymous developers known as Papa and Smokey.
How Many Berachain (BERA) Tokens Are in Circulation?
BERA, the native token of the Berachain ecosystem, is available on various exchanges. At genesis, the total supply of BERA was 500 million, with an annual inflation rate of ~10%, governed by Berachain’s community.
How to Buy Berachain (BERA) on Bitget?
Consider investing in Berachain (BERA)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available Berachain trading pairs on Bitget.
Is Berachain Token a Good Investment?
Berachain’s Proof-of-Liquidity model sets it apart from traditional blockchains, aiming to improve liquidity while securing the network. Its future depends on adoption, competition, and governance decisions. As with any crypto investment, it carries risks, so doing your own research is essential.
Simple 3-step guide to buying BERA today in Djibouti
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Berachain using a payment method of your choice:
Buy Berachain with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Berachain order.
How to buy crypto with credit/debit cardBuy Berachain with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Berachain is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Berachain order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Berachain order.Buy Berachain with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Berachain order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Berachain in your Bitget spot wallet
Bitget—where the world trades Berachain
How to buy Berachain for free
- Learn how to earn Berachain for free through the Learn2Earn promotion
- Earn free Berachain by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Berachain airdrops by joining ongoing challenges and promotions
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FAQ
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Djibouti, located on the Horn of Africa, is a territory of dry shrublands, volcanic landforms, and beaches along the Gulf of Aden. Its primary languages are French and Arabic. The Djiboutian franc is the official currency of Dijinouti is Djiboutian franc (DJF), and the country has a population of 1,020,765 as of the year 2022. Using the P2P platform and other crypto deposits, you can buy Berachain(BERA) and other cryptocurrencies on Bitget.
The Bitget website and app are available in both French and Arabic, which are the two official languages of Djibouti.
Wherever you are in Djibouti, you may use the Bitget platform to begin your cryptocurrency trading journey. The country of Djibouti is home to numerous stunning cities, such as Ali Sabieh, Tadjourah, and Obock.
The Goda and Mabla Mountains in Djibouti are protected from the hot and dry environment of the rest of the nation. Around 90% of Djibouti's territory is desert, and the nation is home to a variety of coral and fish species. The low-lying Lake Assal in the Danakil Desert is one of the world's saltiest bodies of water.
The 27th of June is Djibouti's Independence Day. In Djibouti, we commemorate the country's proclamation of independence from France in 1977 by having a national holiday. Lake Assal, Day Forest National Park, Lake Abbe, Khor Ambado Beach, Arta Beach, Hamoudi Mosque, and Place Menelik are just a few of the stunning sites in Djibouti. The top cryptocurrency exchange in Djibouti is Bitget.