Can Berachain break the DEFI liquidity dilemma?

In the rapidly developing blockchain technology world, BERACHAIN ​​is setting off its waves with its active community culture and innovation consensus mechanism.As the new generation of lay1 Blockchain, Berachain aims to provide high security, decentralization and scalability, and at the same time use the power of the cause culture and the community to create a dynamic ecosystem.

BERAChain tried to solve the liquidity problem in the DEFI field with its unique triple currency model and liquidity consensus proof (POL) mechanism.By dividing the currency into basic currencies, pledged currencies and liquid currencies, the three -generation currency model provides users with more participation and incentive mechanisms.At the same time, the POL consensus mechanism has improved the security and performance of the network through the dual consideration of equity and time.On January 10, Berachain launched the test network Artio and plans to launch the main network in the second quarter of this year.

The origin of the bera: fromBong bearsTo beraChain

BERAChain is a public chain based on Memme culture. Its initial origin can be traced back to the non -alternative to the tokens (NFT) series Bong Bears. It is four anonymous founders (SMOKEY The BERA, PAPA BeAR, Homme Bera, Dev Bear, Dev Bear) Initially, they claim to be an aboriginal of cryptocurrencies.The name BERA, which deliberately spelled, is one of the most famous words “HODL” to pay tribute to the most famous single word.

The BONG Bears team was inspired by the Betal Agreement Olympusdao. In the fall of 2021, Olympusdao’s OHM tokens were as high as $ 1,300.(Since then, the price has fallen to about $ 10 per OHM.) Bong Bears followed the footsteps of Olympusdao, which quickly received attention in the encrypted community.And quickly created the first variable -based NFT collection, which gave birth to a number of new sets -Bond Bears, Boo Bears, BABY Bears, Band Bears, and BIT.At present, the total value of NFT in the Bong Bears series has reached 400E+.

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The development of blockchain at any time.The BONG Bears team recognizes that while the traditional equity certificate (POS) mechanism, while increasing the security of the chain, it will lead to reduced liquidity on the chain, affecting the operations of transactions and liquidity providers (LP).In addition, the pledge mechanism also has the problem of centralized pledge and limited rewards.In order to solve these problems, the Bong Bears members are determined to develop a new Layer1 public chain to solve the long -term DIFI liquidity dilemma.

BERAChain Lianchuang Smokey The Bera mentioned in the history of BERACHAIN ​​previously shared that the core members of the Berachain team experienced the great significance of liquidity to DEFI after experiencing bulls and beef in the currency circle. Compared, Safe and interoperability, etc., liquidity is the basis of all this.The BERA team absorbed the experiences and advantages of successful projects such as Olympus Dao’s POL (Protocol Owned Liquidity) concept and Terra’s native stablecoin concept, and avoided their shortcomings.

In terms of consensus mechanism, BERACHAIN ​​uses the most cutting -edge liquidity consensus proof mechanism. Through liquidity providers, liquidity mining, liquidity proof and liquidity governance, etc.Coordination with verification.In terms of overall framework, BERAChain uses COSMOS SDK and Polaris EVM to build a modular EVM framework to provide an execution environment for the smart contracts on BERACHAIN. Any project can use Berachain to integrate and build a new modular EVM.In terms of token model, BERAChain created the three -generation currency model to separate the GAS Token and the governance token, and to a certain extent solve the problem of liquidity loss caused by token pledge.In terms of culture, the BERACHAIN ​​community has a good atmosphere, has MEME culture, and does not exclude Ponzi, which greatly accelerates the construction and development of the Berachain ecosystem.

The development of Berachain has attracted widespread attention and support.It has achieved remarkable achievements in financing. On April 20, 2023, BERACHAIN ​​announced their 42.069m Series A financing.This round of financing is led by multiple well -known institutions and individuals, including Polychain Capital, OKX Ventures, Hack VC, DAO 5, TribeCapital, Shima Capital, RobotVentures, Goldentree Asset Management, etc.In addition to these institutions, the founders of 20 Defi projects participated in the investment, including the former partner of Dragonfly Capital and the founder of Celestia, Mustafa Al-Bassam and the founder of Tendermint, Zaki Manian.

POL+Three Generations Model: BeraChain Technical Features and Advantages

Although BERACHAIN ​​originated from the cause of the cause, it is not a weak technical Meme chain.This point was fully verified when BERACHAIN ​​announced that its Public Test Network ARTIO was launched. With less than 10 days of ARTIO, it attracted more than 1 million test network users and more than 70 ecological DAPPs.The biggest core advantage of BERAChain and the traditional MEME chain is its unique token model and consensus mechanism.

BERAChain’s token model

BERAChain uses a three -generation coin mechanism, which are BERA, BGT (governed tokens) and Honey stablecoin.Each tokens play a specific role in the network and jointly build the BERAChain ecological economy.

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BERA (Layer 1 native currency):

• BERA is the native currency of the BERACHAIN ​​network, which is used to pay the GAS cost and block reward for transactions.

• BERA maintains the health and vitality of the network through the GAS fee mechanism, and is also one of the incentive methods for users to participate in network activities.

BGT (govern token)The

• BGT is the governance tokens of BERACHAIN ​​and has non -transfer properties.

• Users can obtain BGT by providing liquidity, borrowing Honey, and Honey Vault in Berps.

• The holders of BGT can participate in the governance decisions on the chain, such as voting for block rewards for pledged assets and the choice of pledged token.

• The separation of tokens to the GAS tokens that govern tokens have improved the fairness and transparency of governance to ensure that the most active users will not lose governance rights because of paying transactions.

Honey (native consensus mortgage stablecoin):

• Honey is the native consensus mortgage currency of BERACHAIN, which aims to approach the value of 1 USDC.

• Users can cast Honey by mortgaging other assets on the Berachain platform.

• Honey, as a stable currency in the chain, provides a stable trading medium for decentralized applications, and increases the availability and attractiveness of the platform.

• It has not yet been released. When the main online is online, Honey will be able to cast it through Honeydapp or buy it on the bex.

In addition to the three generations of currencies, Berachain also introduced the concept of block capture value (BCV).BCV comes from trading costs in DAPP, such as BeX, Honey, and Perps, and verifications will get these costs as rewards.By pledged BGT, users can get a part of BCV’s income and have the opportunity to get BERA, BGT and Honey rewards.In addition, BERACHAIN ​​also borrowed the concept of public Defi infrastructure of Canto and launched native decentralized exchanges (DEX), lending platforms and chain perpetual contract platforms.The income generated by these public chain protocols will be assigned to BGT holders, further increasing the value of BGT and bringing more income opportunities to the holder.

Proof of liquidity (POL) mechanism

BERACHAIN’s proof of liquidity (POL) mechanism is a consensus mechanism based on Proof of Stake (POS). The operating mechanism is as follows:

1. The user provides liquidity to the liquidity pool and obtains the governance token BGT.

2. The user entrusts the BGT to the verification person.

3. Vermittor generates a block according to the proportional weight of the entrustment of BGT, and the client and verifications are rewarded from the chain.

4. Verifications vote for the future BGT inflation settings of different liquidity pools.

5. The verification person collects votes from the liquidity pool and assigned it to the client.

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Different consensus mechanisms different from traditional equity proof (POS) systems, POL requires users to contribute network security by providing liquidity to the original DEFI in the chain. The purpose of POL is to encourage users to provide liquidity for the network to create newThe contribution of BGT tokens and rewarded verifications.The POL mechanism has the following characteristics and advantages:

• Multi -asset pledge: Unlike traditional consensus mechanisms for pledge using only native token, POL allows users to pledge various assets, such as ETH and BTC.This diverse pledge method helps reduce dependence on single assets, and enhances the health and stability of the entire network through the liquidity support of multiple assets.

• The relationship between coordinator and liquidity provider: In the POL system, users provide liquidity to some pools to earn BGT tokens, and then use it to commission the verificationrs.The verifications generate blocks based on the BGT ratio entrusted to them, while the client and the verifications are rewarded from the chain.This mechanism prompts verifiers to increase liquidity by motivating specific LP pools. At the same time, the agreement can help authentica accumulate BGT pledge through bribery and other mechanisms.

• Integration of liquidity and governance: The POL mechanism integrates the concept of liquidity into the governance structure of the blockchain.Verifications can vote for the distribution of BGT in different liquidity pools, thereby further enhancing the overall liquidity and governance efficiency of the network.

• The long -term impact of network health: Through the POL mechanism, it can systematically establish liquidity to promote effective transactions, stable price, network growth, user adoption rate, and decentralized applications.This mechanism also helps solve the centralization problem of pledge existing in the POS system, thereby helping maintain the integrity of the chain and prevent manipulation.

By liquidity proof consensus mechanism, BeraChain can promote the consistency between liquidity and network security, and enhance the health and stability of the entire network.In addition, the mechanism also combines liquidity with governance to improve the efficiency of network governance.The most important thing is that POL has a positive impact on the long -term development and health of the network. It solves problems such as insufficient liquidity and centralization of equity and centralization of equity systems.

BERAChain Ecological Project inventory

At present, the main network of BERACHAIN ​​has not yet launched, and its ecosystem is still in the early stage of development. However, with its unique POL certification mechanism and active community culture, BERACHAIN ​​has also attracted a number of outstanding projects.Hot items:

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Ambient

Ambient is a decentralized trading protocol (DEX), which allows two -way AMMs with a combination of concentration and continuous product liquidity on any single blockchain asset.Ambient runs the entire DEX in a single smart contract, combining a two -way AMM model that concentrates and stabilizes the liquidity of the product, is known as the most efficient decentralized trading platform based on Ethereum.It is reported that Ambient will be deployed on the main network of Berachain.

Honey jar

Honey Jar is an ecological project built on Berachain by BERAChain seed investors Janitooor.ETH and other 11 members of the team. It has currently released two rounds of NFT on ETH’s main network. Its role is to enter the key in the entire BERACHIN ecosystem. You only you only.It is necessary to hold Honeycomb to have the bullish options on the Berachain ecosystem.

Beradrome

Beradrome is an indispensable part of the Berachain ecosystem, as a trading center of liquidity and low -slip.It combines the functions of various automation as a city merchant (AMM) model, providing unique strategies for liquidity mining, token management and chain incentives.The Beradrome platform aims to coordinate incentive measures in the Berachain ecosystem to provide users with a comprehensive and efficient trading experience.As early as a year ago, Beradrome launched its Tour de Brance NFT series and conducted multiple testing network tests. Its NFT also made it clear that it would be able to obtain token $ Bero airdrops based on the rare degree.

Sudoswap

Sudoswap is a NFT trading market will be deployed on Berachain’s main network in the future.The same AMM mode of DEX brings liquidity to the NFT market transaction.The main feature of Sudoswap is that it allows NFT holders to become a liquidity provider by creating a trading pool. This is very useful for NFT holders or traders who have the same NFT and want to reasonably set the base price.After the official launch, BERACHAIN ​​is expected to open the Blue -chip NFT bridge to connect many NFT bridges on the main network to the bear chain and give incentives, and Sudo is the first NFT market that announces the BERAChain.