BERACHAIN Guide in Summary

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12 Jan 2024
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✅ What is the much talked about Berachain?

Berachain is a new Layer1 blockchain that is EVM compatible, built using Cosmos SDK, and backed by Proof-of-Liquidity.

There are three token systems: $BERA (native token), $HONEY (native stablecoin) and $BGT (non-transferable Bera Governance Token). Users who stake Bera or other permissioned tokens can earn BGT over time, earning Honey generated by the chain architecture as a reward for their participation in governance.


✅ How to Participate in Possible Airdrop?

1- Go to the site with your EVM wallet and request the test token $BERA from faucet for testnet transactions. ✅ You can request test tokens every 8 hours
https://artio.faucet.berachain.com/#dapps

2- Perform token swapping on Berachain decentralized exchange https://artio.bex.berachain.com
swap some amount to STGUSDC and add liquidity through the pool. The more transactions the better.

3- Mint HONEY with STGUSDCs:
https://artio.honey.berachain.com/#mint

4- Borrow $HONEY by lending through
https://artio.bend.berachain.com and then carry out transactions by paying the debt.

5-Open and close long-short transactions via the leveraged exchange https://artio.berps.berachain.com

6- The project has Galxe missions, if you have time, definitely do them: https://galxe.com/Berachain/campaign/GCjGGttCAG

✅ First points are claimed by completing social media tasks.
✅ Quiz answers: 1-C 2-D 3-D 4-D 5-A

That's all for now...

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