• Network: Berachain (Identical to the Ethereum Virtual Machine, Software Development Kit of Cosmos)

• Category: Layer 1, DeFi Infrastructure

• Address: https://berascan.com/

About BERA

BERA is the native gas and staking token of Berachain—a high-performance,  EVM-identical Layer 1 blockchain  built on BeaconKit, a modular, Cosmos SDK–based framework.

Designed with DeFi at its core, Berachain introduces a unique consensus model called Proof of Liquidity (PoL) and a three-token system to align incentives across validators, developers, and liquidity providers.

The chain is built to reward real economic activity, not just passive staking. Users who provide liquidity on Berachain’s native DeFi apps earn governance power by receiving a non-transferable token called BGT, while BERA is used to pay for transactions and interact with smart contracts. A third token, HONEY, is used to facilitate stable liquidity in the ecosystem.

Key Points of Berachain

• Proof of Liquidity: Validators are selected based on governance power measured in BGT—delegated by users providing liquidity—not simply by token staking.

• Triple-Token Design:

  • BERA is used for gas.

  • BGT is earned by providing liquidity to DeFi protocols on Berachain and used for governance and to delegate to validators.

  • HONEY serves as a stable, incentive-driven liquidity layer.

• EVM-identical, Cosmos-Built: Fully compatible with Ethereum tools while leveraging the modular architecture of Cosmos.

• Community-Driven Identity: A strong brand presence built around bears and memes, fuels an engaged and growing user base.

FAQ

1. What is BERA used for?

BERA is a utility token used across the Berachain network:

• Gas Fees: Required to process transactions and execute smart contracts.

• DeFi Activity: Used in DEXs, yield farming, and liquidity pools.

• Ethereum Compatibility: Enables seamless interaction with Ethereum-based tools and apps.

2. How does Berachain work?

Berachain operates with a redesigned incentive model:

• Users earn BGT by providing liquidity on native DeFi protocols.

• BGT can then be delegated to validators, determining  who secures the network.

• Validators with sufficient BGT delegation become active block producers.

• This creates a cycle where active DeFi participants help govern and secure the network.

Example:

Lucía provides liquidity to a DEX on Berachain and earns BGT. She delegates her BGT to a validator she trusts. That validator now has a better chance of being included in the active validator set to secure the chain. Meanwhile, Lucía can use her earned HONEY rewards or trade with BERA—all while helping to shape the future of the network.

3. How can I buy BERA on Bitso?

To get started:

• Log in to your Bitso account.

• Go to “Buy/Sell” and select Digital Dollar USDC as your base currency.

• Choose BERA as the crypto you want to purchase.

• Enter the amount, review the details, and confirm your transaction.

Important: BERA is currently available only for conversions on the Bitso app. 

This means:

• External deposits and withdrawals are not enabled at the moment.

• BERA will not be available for trading on Bitso Alpha.

• You can still send and receive BERA via Bitso Transfer between Bitso users.

Disclaimer

This Help Center article is for informational purposes only and does not constitute financial advice. BERA is the native token of Berachain, a Layer 1 blockchain that introduces Proof of Liquidity and a triple-token model to realign DeFi incentives. Its value is speculative and may fluctuate with network activity, adoption, and broader market conditions.

Always conduct your own research (DYOR) before trading any digital asset. Bitso encourages users to invest responsibly and stay informed.