The long-anticipated launch of Berachain, the proof-of-liquidity blockchain that’s claimed to be identical to the Ethereum Virtual Machine to boost compatibility with existing tools and protocols, will take place on Thursday, February 6. 

The network, which had teased a “Q5” launch since late 2024, will host its token generation event or TGE on the same day, with an airdrop eligibility checker to come on Wednesday.

The launch comes after the completion of its pre-launch vaults and Boyco program—liquidity bootstrapping initiatives designed to help applications and protocols that will launch alongside mainnet while allowing community members to stack rewards early. 

Collectively, the vaults brought in more than $3.3 billion in user deposits via various crypto assets like Ethereum, Bitcoin, and popular stablecoins according to data collected by the Berachain-centric community, the Honey Jar. 

Those assets are now set to migrate to Berachain’s mainnet in support of projects launching on the chain.

“By enabling dapps to secure liquidity before mainnet goes live, Boyco allows them to skip years of capital-building and position themselves for long-term success from day one,” wrote pseudonymous Berachain team member Jack Bearow in January.

Berachain raised $100 million in April 2024 to help propel its novel proof-of-liquidity blockchain, a new consensus mechanism that uses network incentives to bolster security and better align incentives with users and developers. 

The Berachain Foundation launched its “Honeypaper” on Monday, further detailing the benefits and risks of launching its novel layer-1 blockchain.

Edited by Andrew Hayward

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。