Berachain Tokenomics (BERA), Here's the Allocation!

Bittime - Berachain, a blockchain that carries the Proof-of-Liquidity mechanism, has a native token called BERA. This token functions as gas and a staking tool on the Berachain network. 

BERA and BGT tokens in Berachain

Apart from BERA, there is also the BGT token which plays a role in governance and economic incentives. Let's dissect BERA's tokenomics, including its allocation and release schedule.

Berachain Token Overview

Nama Token: SHE

Total Supply At Genesis: 500,000,000 SAME

Inflation Rate: Around 10% per year (via BGT emissions), depending on governance

Decimal: 18

BERA Token Allocation

Genesis' total supply of 500 million BERA is allocated into five main categories:

Initial Core Contributors (84,000,000 BERA or 16.8%): Allocated to advisors and members of Big Bera Labs, a core contributor to the Berachain blockchain.

Investors (171,500,000 BERA or 34.3%): Allocated to Berachain investors in Seed Round, Series A, and Series B.

Community Allocation (244,500,000 BERA or 48.9%): The largest portion is allocated to the community and is further divided into three key areas:

Airdrop (79,000,000 BERA or 15,8%): To recognize various parties in the Berachain ecosystem, including testnet users, Berachain NFT holders, ecosystem NFT holders, social supporters, ecosystem dApps, community builders, and others. More detailed information about the airdrop details can be seen on the official Berachain blog.

Future Community Initiative (65,500,000 BERA or 13.1%): For apps, developers, and users through incentive programs, grants, and more, with input from the community itself through Snapshots, RFPs, and more.

Ecosystem & R&D (100,000,000 BERA or 20%): To support Berachain Foundation's ecosystem development, R&D, growth initiatives and operations. The main focus is programs for developers and builders, node operator delegation, and the evolution of Proof-of-Liquidity and BeaconKit.

At launch, 9.5% of BERA supply will be unlocked from Ecosystem & R&D allocation for ecosystem growth, tooling / developer infrastructure, liquidity provision and more.

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

Token Release Schedule

All parties follow the schedule vesting the same:

- Early Opening: After cliff one year, 1/6 of the allocated tokens are unlocked.

- Vesting Linear: Sisa 5/6 tokenvesting linearly over the next 24 months.

Read too How to Claim Berachain Airdrop: Berachain Airdrop Checker is On!

Conclusion

The allocation of BERA tokens shows Berachain's commitment to community and ecosystem development. The gradual release schedule aims to ensure the platform's long-term stability and growth.

FAQ: Tokenomics Berachain (BERA)

1. What is the total supply of BERA tokens, and how are these tokens used?

BERA's total genesis supply is 500 million tokens. BERA serves as the native gas and staking token on the Berachain network.

2. How is the BERA token allocation distributed?

BERA allocations are distributed across five main categories: early core contributors (16.8%), investors (34.3%), community airdrops (15.8%), future community initiatives (13.1%), and ecosystem & R&D (20%).

3. When will BERA tokens start to be released, and what is the vesting schedule?

BERA tokens will start to be released after cliff one year. After that, 1/6 of the allocated tokens will be unlocked, and the remaining 5/6 tokens will be vesting linearly over the next 24 months.

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Reference

Berachain docs, Tokenomics Berachain, Accessed February 6, 2025

Author: IN