What is Berachain?
Berachain is a high-perfomance EVM-compatible blockchain built on Proof of Liquidity consensus. Proof-of-Liquidity is a novel consensus mechanism that aims to align network incentives, Creating strong synergy between Berachain validators and the ecosystem of project. Berachain’s technology is build on Polaris high-performance blockchain framework for building EVM-Compatible chains on-top of CometBFT consensus engine.
Berachain utilizes 3 tokens:
$BERA (BERA):
Function: Network transaction token, also known as the "gas token."
Utility: Used to pay for transaction fees (gas) on the blockchain.
$BGT (Bera Governance Token):
Function: Governance token in the Proof of Stake model of Berachain.
Utility: Secures the network through staking with validators. Non-transferrable and can only be acquired by depositing liquidity in the native BEX.
$HONEY (HONEY):
Function: Stablecoin.
Utility: Aims to maintain a stable value, approximately pegged to 1 USDC. Provides stability within the ecosystem for transactions and value storage.
Airdrop Strategy:
All tasks are completely free.
Airdrop has been confirmed.
Raised millions of dollars from Polychain Capital and others.
STEP 1 - Setting up your Metamask Wallet.
To add the network manually, click the drop-down in the top-left of MetaMask.
When the modal appears, click Add network button.
At the bottom of the existing list, click Add network manually.
Enter the following details into MetaMask to configure the network and connect to Berachain Testnet. Once the data is entered correctly, click Save.
Key | Value |
ArtioRPC | |
Chain ID | 80085 |
Currency symbol | BERA |
Block explorer URL |
STEP 2 - Faucet (Acquiring Testnet Tokens).
Enter your EVM Wallet Address.
You will receive 0.1 $BERA Tokens and can claim more every 8 hours.
STEP 3 - Swap:
Connect your Wallet
Swap 0.01 - 0.02 $BERA for $STGUSDC, $HONEY & $WBTC.
STEP 4 - Mint $HONEY
Connect your wallet
Swap $stgUSDC to $HONEY
STEP 5 - Borrow $HONEY
Connect Your Wallet
Deposit $WBTC
Borrow $HONEY
STEP 6 - Adding Liquidity:
Select any pool.
Choose any amount to stake.
Click on “Add to pool”
STEP 7 - Delegate:
Select Validator.
Select any amount to stake.
Click on “Confirm”.
Redelegate token if desired.
STEP 8 - Smart Contact Deployment:
Connect your wallet.
Select Berachain Testnet.
Deploy & Interact with the contract.
STEP 9 - Quests
Connect your wallet.
Select available steps and follow the steps.
Summary:
Testnet participants are often rewarded with airdrops corresponding to their activity on the testnet. Therefore, it's crucial to repeat the above mentioned steps on a daily basis to maximize your chances of receiving airdrops.
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