Berachain
An EVM-compatible L1 using Proof-of-Liquidity — validators earn rewards by directing emissions to chosen liquidity pools.
Berachain's tri-token economy (BERA, BGT, HONEY) tries to solve the cold-start liquidity problem at the consensus layer. HONEY is the chain's native stablecoin (CDP-issued against blue-chip collateral). Live since early 2025; meaningful but second-tier stablecoin float.
Related terms
- L1 (Layer-1)A base-layer blockchain that settles its own state and provides its own security — Ethereum, Solana, BNB Chain.
- EVM (Ethereum Virtual Machine)The runtime that executes Ethereum smart-contract bytecode — replicated across all EVM-compatible chains.
- CDP (collateralised debt position)A user-opened debt position backed by crypto collateral — the issuance mechanism for DAI, LUSD, GHO, crvUSD.