Binance Announcement: BNB Holders Share Berachain Tokens (BERA)!

Bittime -  Berachain (BERA) is now in the spotlight in the crypto world after being announced as the newest project in Binance's HODLer Airdrops program. 

With the mainnet launch fast approaching, the token is expected to attract huge interest from investors and the crypto community. Check out the news here!

Berachain (BERA) jadi Program HODLer Airdrops

Binance is proud to announce Berachain (BERA) as the newest project in their HODLer Airdrops program. This initiative rewards BNB holders with a token airdrop based on their historical balance. 

By participating in Binance Simple Earn, users have the opportunity to earn BERA tokens retroactively, providing an easy way to earn additional crypto assets.

Read also: Berachain Token (BERA) Listing on 6 Major CEXs and Binance Tonight!

Berachain (BERA) will be Listing Soon

Binance has added Berachain (BERA) to its HODLer Airdrops platform, allowing eligible users to earn token rewards. 

The token will be available for trading with BTC, USDT, USDC, BNB, FDUSD, and TRY pairs on Binance starting February 6. 

Berachain has a total token supply of 500 million BERA, with an annual inflation rate of 10% based on the type of token emission.

BERA Airdrop Schedule and Distribution Mechanism

As part of this airdrop program, Binance has determined that users who subscribe to the Binance Simple Earn product with BNB between January 22, 2025 to January 26, 2025 will receive a distribution of BERA tokens. 

Overall, 10 million BERA tokens (2% of the total token supply at launch) will be distributed to eligible users.

Binance will list BERA on its platform on February 6, 2025 at 13:00 UTC, with trading opening against various major crypto asset pairs. 

To ensure transparency and trust, Binance will also release a research report regarding Berachain within 24 hours of this announcement.

Read also: Berachain Pre-Launch Liquidity Moncer with $1.6 Billion Incoming, Here's the Story!

Berachain Technology and Ecosystem

Berachain is a blockchain network built on the Cosmos SDK and has a tri-token system, where BERA is used for transactions and fees, BGT as a governance token for liquidity providers, and HONEY as a stablecoin used in collateralized transactions. 

With this structure, Berachain seeks to create a strong and sustainable ecosystem for its users.

Apart from Binance, several leading crypto exchanges such as Bybit, Bitget, MEXC, and KuCoin have also announced the listing of BERA tokens starting February 6. 

Support from these exchanges has the potential to increase the token's visibility and exposure, as well as attract investor interest in the project.

Conclusion

Berachain has also completed pre-launch vaults that raised more than $3.3 billion in various crypto assets such as Ethereum (ETH), Bitcoin (BTC), and stablecoins. 

This move provides initial liquidity for applications and protocols that will be launched on the Berachain main network.

With the mainnet launch and Token Generation Event (TGE) coinciding with listings on various exchanges, Berachain is predicted to become an interesting project in the crypto ecosystem. 

FAQ

1. What is Berachain?

Berachain is an EVM (Ethereum Virtual Machine) compatible Layer 1 (L1) blockchain built on Cosmos SDK. Berachain uses innovative Proof of Liquidity consensus and aims to provide solutions in the DeFi (Decentralized Finance) space.

2. What are the uses of BERA Token?

BERA tokens are used primarily to pay gas fees (transaction fees) on the Berachain network. Additionally, the Berachain ecosystem has other tokens such as BGT for governance and HONEY as a native stablecoin.

3. When can BERA be traded on the exchange?

BERA started trading on various major exchanges such as Binance, KuCoin, Bybit, Bitget, MEXC, and BingX on February 6 2025 at 13:00 UTC (20:00 WIB). Be sure to monitor the official announcements from each exchange for further details.

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Reference

Binance, X Binance Account, accessed February 6.

Binance, Introducing Berachain (BERA) on Binance HODLer Airdrops! Earn BERA With Retroactive BNB Simple Earn Subscriptions, accessed February 6

Author: SD