Berachain mainnet debuts as BERA token hits $1B market cap

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The world’s longest testnet is at an end. The Berachain L1 blockchain is officially launching its mainnet and BERA token today.

People are very excited! But that was already obvious. Berachain has attracted a ridiculous $3.1 billion in liquidity on its pre-launch liquidity platform Boyco, making Bera the 8th largest chain by TVL.

Bera’s early liquidity rush is thanks to its somewhat complex “proof-of-liquidity” (PoL) consensus mechanism. 

Here’s the gist of it:

Your average proof-of-stake (PoS) network has a general-purpose native token (e.g. ETH or SOL). 

Berachain…

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