Berachain Set to Launch on MEXC with Airdrop Event

MEXC will be listing Berachain (BERA), a new Ethereum Virtual Machine-compatible Layer-1 blockchain, on February 6. To commemorate the listing, MEXC is hosting a massive airdrop event, featuring a prize pool of 19,100 BERA and 50,000 USDT. The event kicks off on February 5 and runs until February 19 UTC, offering multiple ways for both new and existing users to earn rewards.

About Berachain

Berachain, built on the Cosmos SDK, introduces a unique Proof-of-Liquidity consensus mechanism, which rewards users for providing liquidity, making it a competitive player in the Layer 1 space. The Berachain ecosystem features a tri-token system, consisting of:

  • BERA: the main token for transactions and fees
  • BGT: the governance token distributed to liquidity providers
  • HONEY: a stablecoin for collateral-backed transactions

Background and Funding

Berachain started as an NFT project called Bong Bears, but has since evolved into a full-blown blockchain ecosystem. Founded by pseudonymous developers Homme Bera, Dev Bear, Papa Bear, and Smokey the Bear, the project has secured significant financial backing. In April 2024, Berachain received $100 million in Series B funding from Framework Ventures and Brevan Howard Digital’s Abu Dhabi branch. This followed a $42 million private token sale in April 2023 led by Polychain Capital.

Participating in the Airdrop Event

To participate in the airdrop event, users can follow these steps:

  • Register on MEXC before February 5
  • Complete tasks and earn rewards during the event period (February 5-19 UTC)
  • Follow MEXC on social media for updates and announcements

Stay up-to-date with the latest news and updates on Global Crypto News for more information on Berachain and other cryptocurrencies.

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