Author: Deep Tide TechFlow
Berachain is an EVM-compatible L1 based on DeFi, built on top of Cosmos SDK. Liquidity consensus proof is the consensus mechanism adopted by Berachain. Through liquidity proof, Berachain can choose to pledge multiple assets (BERA, ETH, BTC, stablecoins, etc.) to validators. At the same time, these pledged assets will be used to provide liquidity to the native virtualized AMM of the chain, making capital production more efficient.
The token economy of Berachain introduces a three-generation token system: $BERA — Gas token, $HONEY — stablecoin, $BGT — governance token. Among them, $BGT cannot be purchased on the secondary market. It is a non-transferable NFT, and holders can receive a certain proportion of the fees generated on Berachain.
On April 20, 2023, Berachain announced the completion of a $42 million Series A financing led by Polychain Capital.
Recently, Berachain also opened the public testnet Artio. As is well known, the testnet is a crucial step to obtain token airdrops. Below are detailed instructions on how to participate in the testnet interaction.
Step 1: Add BERA Network
Add the BERA network on Metamask. Participants can visit the testnet address of Berachain and click on "Connect Wallet" in the upper right corner, then add the BERA network in Metamask.
If there is a connection error, you can also manually add the network in Metamask. The detailed parameters are as follows:
Network: Berachain Artio
RPC URL: https://artio.rpc.berachain.com
Chain ID: 80085
Currency Symbol: BERA
Blockchain Explorer URL: https://artio.beratrail.io
Step 2: Claim Test Tokens
Go to the faucet address to obtain BERA test tokens. Enter your wallet address in the table column as shown in the image below. It should be noted that only 0.25 $BERA tokens can be claimed every 8 hours. If you are a holder of Bong Bears NFT, you can go to this website to claim additional BERA test tokens.
### Step 3: Start Interacting
Go to the Dex of Berachain and perform the following operations:
Switch to the Berachain testnet address and connect your wallet;
Use the Swap function in DEX to exchange $BERA for $STGUSDC, and you can repeat this process multiple times.
Go to the minting website of $HONEY](https://artio.honey.berachain.com/) and mint some HONEY using STGUSDC.
Then, go to the liquidity mining page, select the STGUSDC—HONEY pool (do not use up all the HONEY), add liquidity to earn BGT.
Next, go to the testnet lending website, connect your wallet, select HONEY under Available to Supply, and provide it.
Finally, go to the website for participating in contract trading tests — Berps, connect your wallet, click "Start Trading" to participate in the contract trading test. It is recommended that the amount of $HONEY for each trade should not be less than 10.
After completing the above tasks, you can also go to the official Berachain marketing page on Galxe to claim an NFT proof of participation in the event.
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