Difference between revisions of "Berachain (BERA)"

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(Created page with "Berachain is an EVM-compatible layer one blockchain, built using the Cosmos SDK, and secured by the Proof-of-Liquidity Consensus Protocol. ==Basics== *Based in: *Started in / Announced on: *Testnet release: *Mainnet release: ==History== ==Audits & Exploits== *Bug bounty program can be found [insert here]. ===Bugs/Exploits=== ==Governance== ===Admin Keys=== ===DAO=== ===Treasury=== ==Token...")
 
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==Technology==
==Technology==
*[[Whitepaper]] or docs can be found [https://staging.docs.berachain.com/ here].
*[[Whitepaper]] or docs can be found [https://staging.docs.berachain.com/ here].
*Code can be viewed [insert here].
*Code can be viewed [https://github.com/berachain here].
===Implementations===
===Implementations===
*Consensus mechanism: Proof-of-Liquidity (POL)
*Consensus mechanism: Proof-of-Liquidity (POL)
*Algorithm: [[Cosmos]] SDK
*Algorithm: [[Cosmos]] SDK / [[Tendermint]]
*[[Virtual Machine (VM)|Virtual Machine]]: EVM
*[[Virtual Machine (VM)|Virtual Machine]]: EVM
*Development language:
*Development language:
Line 41: Line 41:
*[[Latency]]:
*[[Latency]]:
===How it works===
===How it works===
* From their [https://staging.docs.berachain.com/ docs] (9-9-2022):
''"Berachain is an EVM-compatible layer one blockchain, built using the Cosmos SDK, and secured by the novel Proof-of-Liquidity Consensus Protocol. Proof-of-Liquidity (POL), as an extension of Delegated Proof-of-Stake (dPOS), is facilitated by users staking assets to secure the chain, in return for rewards. However, unlike [[Delegated-Proof-of-Stake (DPoS)|dPOS]], Proof-of Liquidity enables users' staked assets to be put to productive use by providing liquidity as a common good. This liquidity is routed through a concentrated liquidity virtualized [[Automated Market Makers (AMM)|AMM]], and a [[Perpetual Contract|perpetual]] exchange, allowing for best-in-class capital efficiency. "''
===Fees===
===Fees===
===Upgrades===
===Upgrades===

Revision as of 05:32, 12 September 2022

Berachain is an EVM-compatible layer one blockchain, built using the Cosmos SDK, and secured by the Proof-of-Liquidity Consensus Protocol.

Basics

  • Based in:
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release:

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

  • From their docs (9-9-2022):

"The system's economics are tied together through a tri-token structure:

  1. Bera is the chain’s native gas token.
  2. Honey is a USD stablecoin used as a medium of exchange throughout the system, that is minted in part through overcollateralized lending.
  3. Bera Governance Token (BGT) is minted to Berachain’s most long-term aligned users and protocols, who are responsible for the control and operation of the blockchain, and who are held to account."

Other Details

Coin Distribution

Technology

Implementations

Transaction Details

How it works

  • From their docs (9-9-2022):

"Berachain is an EVM-compatible layer one blockchain, built using the Cosmos SDK, and secured by the novel Proof-of-Liquidity Consensus Protocol. Proof-of-Liquidity (POL), as an extension of Delegated Proof-of-Stake (dPOS), is facilitated by users staking assets to secure the chain, in return for rewards. However, unlike dPOS, Proof-of Liquidity enables users' staked assets to be put to productive use by providing liquidity as a common good. This liquidity is routed through a concentrated liquidity virtualized AMM, and a perpetual exchange, allowing for best-in-class capital efficiency. "

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

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