Detailed Explanation of Berachain's Triple-Token Model and Proof of Liquidity Mechanism
Author | defioasis On February 6th, Berachain officially announced the launch of its mainnet, the release of the BERA token, and a community airdrop. The airdrop covered a wide range of participants, including testnet users, Boyco TVL depositors, as well as RFB contributors representing the community and social media influencers. The key distinction between Berachain and other public chains lies in its adoption of the POL (Proof of Liquidity) mechanism, which is beneficial to the DeFi ecosystem, with Boyco Markets providing the foundation for POL's liquidity guidance. Currently the Berachain Boyco Markets Pre-deposit TVL is over $2.3 billion with a total of about 155,000 depositors, with ether fi Pre-deposit amounting to $675 million, StakeStone $463 million, CIAN $366 million, Lombard $353 million, Solv $282 million and Ethena $138 million, among others. (Data Source: https://dune.com/thj/boyco-markets ) Triple-Token Model: BERA, BGT, and the Stablecoin HONEY ① BERA — The Circulat...