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What is berachain?

Berachain is a high-performance EVM-compatible blockchain built on Proof-of-Liquidity consensus. Berachain is a high-performance EVM-compatible blockchain built on Proof-of-Liquidity consensus.

What is berachain governance token?

2. $BGT: Berachain’s governance token is a nontransferrable NFT given to users that have been with the platform for a while. The only way to earn $BGT is by staking your $BERA. This gives the owners a role in the decision-making process of the chain.

Does berachain have a tri-token system?

Berachain implements a novel “Tri-Token System”, which means that unlike a chain like Ethereum that has a single native token (ETH) or Terra which has two (LUNA, UST/SDT) Berachain has three native tokens as follows:

What is Tendermint & berachain?

Tendermint is one of the market’s most trusted and high-performing consensus frameworks. The combination of Tendermint, Cosmos-SDK, and Berachain’s Proof of Liquidity Sybil resistance mechanism, allows Berachain to carry out transactions quickly, at low costs, and with deterministic finality.

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