BERA, the Native Token of the Berachain, Will Be Initially Listed on CoinW Exchange

CoinW is listing Berachain's BERA token (a Proof of Liquidity Layer 1) on February 6th. To celebrate, they're launching a 10,000 USDT "BERA Bounty Program" with various participation-based rewards. Berachain is an innovative blockchain attracting significant investment due to its unique consensus mechanism and growing ecosystem.

Dubai, United Arab Emirates, 7th Feb 2025 - CoinW, the world's pioneering cryptocurrency trading platform, will initially list BERA, PoL Layer 1, on Layer 1 Zone. For all CoinW users, the BERA/USDT will be officially available for trading on February 6th, 2025, at 13:00 (UTC). To celebrate the listing of BERA, we are launching the “ BERA Bounty Program" event with a reward pool of 10,000 USDT. 

Berachain: Redefining Layer 1 Blockchain with Proof of Liquidity (PoL) 

Berachain is a community-centric Layer 1 blockchain that merges Cosmos SDK flexibility with Ethereum Virtual Machine (EVM) compatibility. At its core, Berachain introduces the innovative Proof of Liquidity (PoL) consensus mechanism, designed to address liquidity challenges and enhance network incentives. 

Since its mainnet launch, Berachain has established a dynamic ecosystem with live projects, including DEXs, cross-chain bridges, and NFT platforms. Its strong leadership team, including top engineers from projects like Sui, positions Berachain as a significant contender in the Layer 1 blockchain space. 

Tokenomics and Utility: A Breakdown of $BERA 

The $BERA token serves as Berachain’s native currency, used for transaction fees and network participation incentives. Key details include: 

• Genesis Token Supply: 500,000,000 BERA 
• Circulating Supply at Listing: 107,480,000 BERA (21.5% of genesis supply) 
• Inflation Rate: 10% annual based on the emission schedule 
• Community Incentives: 
  • 10,000,000 BERA airdrop to HODLers (2% of genesis supply) 
  • An additional 5,000,000 BERA allocated for marketing campaigns, distributed after token spot listing 

Investor Confidence and Ecosystem Development 

Berachain has attracted significant investment from leading institutions, reflecting high market confidence in its potential. In April 2023, the project raised $42 million at a $420 million valuation, with backing from prominent investors like Polychain Capital, OKX Ventures, Hack VC, and Dao 5. Over time, Berachain’s total funding has reached $142 million, with additional support from Framework, Animoca Brands, Hashkey, and over 20 DeFi project founders. 

10,000 USDT Limited-Time Offer for CoinW Community 

To celebrate the listing, 10,000 USDT equivalent BERA prize pool has been up for grabs from February 6th, 2025, at 13:00 (UTC) to February 13th, 2024, at 16:00 (UTC). By participating in events such as registration, trading, and community events, CoinW users have the opportunity to share in a prize pool of 10,000 USDT.  To claim your rewards, please click here. 

About CoinW 

CoinW is a pioneering crypto trading platform that prioritizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide range of supported cryptocurrencies, the company has amassed a broad user base to become one of the world’s most secure crypto exchanges. Committed to security, transparency, and compliance, the CoinW exchange upholds the highest regulatory standards and actively contributes to the advancement of the crypto industry. To learn more about CoinW, you can visit the official website, and follow CoinW's Twitter Account, Btok, and Telegram Group. 

About BERA 

Berachain is a community-centric Layer 1 blockchain platform that combines the flexibility of the Cosmos SDK with Ethereum Virtual Machine (EVM) compatibility. It addresses liquidity and incentive challenges via its Proof of Liquidity (PoL) consensus mechanism. 

Media Contact

Organization: CoinW

Contact Person: Angelo Tan

Website: https://www.coinw.com/

Email: Send Email

City: Dubai

Country:United Arab Emirates

Release id:23544