How to Claim the Berachain Airdrop – $632M in $BERA Will Be Distributed

Key Points

• $632 million in BERA coins will be distributed via airdrop for all users who supported the project.
• Binance HODLer Airdrops also included the project, allocating 10 million BERA tokens.

Today marks an important day for the Berachain project – the launch of its mainnet.

Also, $632 million BERA tokens will be distributed to all those who touched the project in any meaningful way – testnet, Bong Bears, governance, according to an X post from the Nansen analytics platform.

How to Claim the BERA Airdrop

In a thread via X, Nansen explains to users how they can claim their BERA tokens.

Getting Wallets Ready

Nansen says users need a Berachain-compatible wallet, something similar to MetaMask, Rabby Wallet, or a similar one. The wallet was to be backed up and funded for gas.

Checking Eligibility

The airdrop rewards the following users:

• Testnet users
• NFT holders
• Community builders
• Protocol contributors

Users who have been somehow involved with the project are most likely eligible for the airdrop. Those who aren’t can try again the next cycle.

Token Claiming

Nansen noted that today, the claim portal opens and all users have to do is:

• Connect their wallets
• Verify eligibility
• Collect the tokens

Token allocation should only be verified at checker.berachain.com. Users can check their token eligibility by entering a wallet address or registering their socials. NFT claiming begins today, February 6, and RFB claiming begins on February 10, according to the official website.

It’s also worth noting that for the Berachain Airdrop, Binance has allocated 10 million BERA tokens representing 2% of the total genesis supply to be distributed among eligible participants.

Today, Berachain will launch its mainnet.

What is Berachain?

Berachain is a new EVM-compatible L1 blockchain that introduces a unique economic model called Proof of Liquidity (PoL). It aims to align incentives between validators, applications, and users.

The project’s core philosophy is based on the following beliefs:

• The utility of a blockchain depends on the quality and adoption of its apps rather than just technical performance.
• Traditional PoS chains often overpay for security which leads to inefficiencies in token incentives.
• Validator rewards should be directly tied to the demand for economic security, ensuring that block rewards contribute to network growth, instead of unnecessary inflation.

Berachain operates with two native tokens:

• BERA – Used for gas fees, staking, and validator activation
• BGT (Berachain Governance Token) – A nontransferable rewards and governance token that can only be earned via staking BERA or PoL-eligible assets.

Berachain Tokenomics

The BERA coin distribution is as follows, according to the official notes from the team behind the project:

• 16.8% goes to the initial core contributors
• 20% goes to the ecosystem and R&D
• 48.9% goes to the community
• 15.8% goes to the airdrop
• 13.1% goes to the community initiatives
• 34.3% goes to investors

Berachain will introduce a new paradigm for blockchain economic models via its new PoL.