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Berachain
Overview
Location
Canada
Launched
2021
Catagory
Fundraising Round
Series B
Valuation
$1.5B
Cumulative Amount
$211M
About Berachain
Berachain is an EVM-compatible layer one blockchain, built using the Cosmos SDK, and secured by the novel Proof-of-Liquidity Consensus Protocol. The project aims to allow users to stake tokens while providing liquidity to DeFi protocols in parallel.
Berachain has a tri-token system of bera (the native gas token), honey (a native stablecoin) and BGT (the "non-transferrable" Bera Governance Token). Users who stake bera or "other permissioned tokens" will earn BGT over time, allowing them to "capture honey generated by the underlying chain architecture as a reward for their participation in governance" .
Berachain is the pseudonymous co-founders' second project, after the NFT project Bong Bears, a collection of "100 absolutely zooted NFT bears getting baked."
Coin or Token
Price
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Volume(24h)
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24h Change
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7d Change
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30d Change
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Fundraising
Investors | Type | Location | Year Founded | # Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2016 | 159 | info@polychain.capital | ||
Fund | United States of America | 2017 | 73 | ed@hack-vc.com | ||
Fund | United States of America | 2022 | 37 | -- | ||
Fund | United States of America | 2018 | 49 | hello@tribecap.co | ||
Fund | United States of America | -- | 180 | -- | ||
Fund | United States of America | 2021 | 15 | -- | ||
Fund | United States of America | 2019 | 110 | sayhello@robvc.com |
Founders & Team
Smokey the Bera
Homme Bera