Original author: Peng SUN, Foresight News
Berachain started as a meme, has a strong community cultural consensus, focuses on liquidity and NFT narratives, and is closely related to the early DeFi project OlympusDAO. Specifically, Berachain is an NFT projectBong BearsAn idea from the community, supported by OlympusDAO and its investors, and inspired by OlympusDAOs rebasing to rebase a new collectionBond Bears、Boo Bears、Baby Bears、Band BearsandBit Bears。
In terms of team composition, Berachain is composed of 30 anonymous members including Homme Bera, Dev Bear, Papa Bear and Smokey the Bera, as well as the former engineering director of Mysten Labs in January this yearBaloo the Bera Join Berachain。
Berachain began financing after the FTX thunderstorm in November 2022, and completed US$42 million in financing at a valuation of US$420 million in April 2023. Polychain Capital led the investment, OKX Ventures, Hack VC, Dao 5, Tribe Capital, Shima Capital, Robot Ventures , Goldentree Asset Management, former partner of Dragonfly Capital, Mustafa Al-Bassam, founder of Celestia, Zaki Manian, co-founder of Tendermint, and 20 other DeFi project founders participated in the investment. When the financing news was announced, the Berachain ecosystem had committed more than $250 million in total locked value.
In January this year, Berachain stated that more than 30 native teams were building on Berachain, and more than 100 teams from other networks planned to deploy on the testnet and mainnet, including Pendle, Redacted, Sudoswap, Abracadabra, etc. According to The Honey Jar community BD Umeshu, Berachain in January 2024There are more than 70 ecological projects in total. Recently, Berachain has also cooperated with cross-chain interoperability protocol LayerZero and NFT project Pudgy Penguin.
Benefiting from the strong community cultural consensus, Berachain, which is in the Artio test network stage, is also extremely popular. The faucet once dropped from 1 BERA to 0.1 BERA. Problems such as network congestion, queuing, slow payment, and low allocation have all troubled users. Berachain will be launched on the mainnet in the second quarter. Before that, participating in the testnet and ecological interaction is the only way. At the same time, the current tutorials on Berachain testnet interaction across the entire network are too vertical and single, failing to cover the Berachain ecosystem and community horizontally. In view of this, Foresight News will make a brief summary of Beras approach to water and its in-depth participation in the Bera ecosystem for the benefit of readers.
Galxe Points Mission
March of the Beras Daily
There are 2.42 million participants, and you can receive 5 points by visiting Berachain related pages once a day.
March of the Beras Part one: Onboarding
There are 1.3 million participants, with a total score of 90 points. You can receive 70 points by completing the most basic Twitter following and retweeting, and mainnet interaction.The more difficult thing is to get the Bera Cub character in Discord;You need to be active in the community frequently, teach new people how to operate, etc. This is 20 points.
https://galxe.com/Berachain/campaign/GCjGGttCAG
Regarding the acquisition of cub characters, Smokey the Bera also has something to say. In short, Just do good deeds and dont worry about the future:
Note: Holders of the above 6 Bera NFTs can claim their identity in the Berachain Discord.
Get test coins
BERA Facuet is currently the only entrance to participate in Berachain test network interaction. Previously, the OTC price was 4 RMB/BERA. Now the BERA faucet issuance has been reduced from 1 every 8 hours to 0.1. It is estimated that the OTC price of BERA test coins will be higher. expensive. The risk of trading OTC test coins is that you might be considered a witch.
On February 18, 1 BERA = $579 on the Berachain testnet.
1.Berachain Foundation
You will receive 0.1 BERA every 8 hours (previously 1 BERA).
website:https://artio.faucet.berachain.com/
2.The Honey Jar
The Honey Jar is an unofficial community NFT project of the Berachain ecosystem, developed by BerachainSeed investor janitooor.ethIt is built with 11 other members and has cooperated with more than 30 projects. Holding Honey Comb can receive airdrops, whitelists, early test network access qualifications, additional rewards, income improvements and other benefits for these ecological projects in the future. Generally speaking, although there is the risk of being unofficial, the THJ community card position is very good.
website:https://faucet.0x honeyjar.xyz/badges
For every Bong Bear NFT held, you can receive 0.5 BERA every day, with no upper limit (the floor price of Bong Bear is 694 ETH)
For every Bond Bear NFT held, you can receive 0.4 BERA every day, with no upper limit (Bond Bear floor price is 78 ETH)
For every Boo Bear NFT you hold, you can receive 0.3 BERA every day, with no upper limit (Boo Bear floor price is 35 ETH)
For every Baby Bear NFT held, you can receive 0.2 BERA per day, with no upper limit (Baby Bear floor price is 15.5 ETH)
For every Band Bear NFT held, you can receive 0.1 BERA every day, with no upper limit (Band Bear floor price is 8.6 ETH)
For every Bit Bear NFT held, you can receive 0.05 BERA per day, with no upper limit (Bit Bear floor price is 5.4 ETH)
For every Honeycomb you hold, you can receive 0.05 BERA per day, and you can receive up to 0.25 BERA per day (you can buy up to 5 Honeycombs, with a floor price of 0.5 ETH and a maximum cost of 2.5 ETH)
For every Honey Jar you hold, you can receive 0.05 BERA per day, and you can receive up to 0.25 BERA per day (you can buy up to 5 Honey Jars, with a floor price of 0.0999 ETH and a maximum cost of 0.5 ETH)
Each Bera Infinity (including 10 Mirror articles NFT) can get 0.05 BERA every day, and the maximum can be claimed is 0.25 BERA (5 Bera Infinity)
For every THJ Platinum Partner NFT held, you can receive 0.05 BERA (the daily limit is 1 BERA, and you can own up to 20 BERA)
For every THJ gold partner NFT held, you can receive 0.05 BERA (the daily limit is 0.5 BERA, and you can hold up to 10 BERA)
For every THJ Silver Partner NFT held, you can receive 0.05 BERA (the daily limit is 0.1 BERA, and you can hold up to 2 coins)
For every THJ partner NFT of other levels held, you can receive 0.01 BERA (the daily limit is 0.05 BERA, and you can hold up to 5 BERA)
For every NFT held by other Bera ecosystem, you can receive 0.005 BERA (daily upper limit of 0.01 BERA, maximum holding of 2)
Complete the Tweet Scribe task to receive 0.01 BERA every day
Complete the Bot Exposer task to receive 0.01 BERA every day
Complete the meme artisan task to receive 0.01 BERA every day
Complete the Inverse bera banter task to receive 0.01 BERA every day
As a THJ partner member you can receive 0.5 BERA per day
Each super set can receive 0.5 BERA per day (no upper limit)
Each Helno Frame NFT can receive 0.1 BERA every day
Each wallet pays 1 HONEY every day on IKB to receive 0.1 BERA
Complete various tasks released by THJ and obtain badges. Each badge can receive 0.1 BERA every day.
3.QuickNode
website:https://faucet.quicknode.com/berachain/artio
(1) Retweet relevant tweets to receive 2 times the test coins: 0.2 BERA
(2) Pay $10 to upgrade your QuickNode account, you will get 4 times the reward (0.4 BERA) and priority, and the claim speed will also be accelerated.
Note: You can collect it every 12 hours. QuickNode can also run Berachain nodes.
4.THJ 101 Twitter Mining Activity
Earn BERA test coins by creating any educational tweet about The Honey Jar (THJ) or its incubation projects.
Participation time: February 16th 04:00 to March 15th 04:00
Participation rewards: There are 100 BERA test coins in total, 25 of which are distributed every week. The higher the score (depending on the number of tweet views), the more BERA you will get. After the event, the first place will be awarded 1 Honeycomb NFT, and the 2nd to 5th place will each be awarded 1 Honey Jar (Gen 2) NFT.
Number of participants: 12 people are currently participating
Eligibility for participation: Only users who hold Honeycomb NFT or Honey Jar (Gen 1 or Gen 2) NFT
Creative tweet content includes: THJ overview, Honeycomb NFT, Honey Jar NFT, THJ Faucet, Fat Bera paper, THJ history, Standard and Paws, Bera Infinity, ApiologyDAO
Tweets must contain at least 1 of the following tags:
https://x.postmint.xyz/community/65cd1f0659c00e3f6411e3a 8/65cd2f5a59c00e3f6411e72f
5. Developer application
Developers can submit protocol/project name, project idea, GitHub username and other information to apply for more BERA test coins.
https://app.deform.cc/form/e4d611a4-ae27-43ee-8ed3-834f1987a18d/
Mainnet interaction
Berachain DApp includes the following: BEX (exchange), Honey (stable currency minting/redemption), BEND (lending), BERPS (perpetual exchange), BGT Station (governance), Beratrail (browser).
Beratail data shows that the Berachain mainnet transaction volume was 43.33 million, compared with 21.55 million in the past 14 days.
BEX
Berachain BEX is Berachain’s native DEX, website: http://artio.bex.berachain.com。
Part of BERA can be exchanged for STGUSDC, WBTC, WETH, etc.
In Pool, you can create a liquidity pool or add liquidity to an existing pool.
Liquidity rewards are BGT governance tokens, which can be used for staking.
Problem: The slippage of some token exchanges is too high, and you may lose a large amount of test coins.
HONEY
website: https://artio.honey.berachain.com/
Stablecoin swap: STGUSDC can be minted into HONEY, and HONEY can be redeemed into STGUSDC.
BEND
website: http://artio.bend.berachain.com
You can deposit WBTC and WETH and lend out HONEY, and you can get BGT rewards for lending.
You can deposit HONEY to earn interest, but you cannot lend HONEY as collateral.
BERPS
The data for February 18th are as follows:
website: http://artio.berps.berachain.com
Berps mainly uses the stable currency HONEY, which is the only token for opening positions.
After choosing Berpetuals, you can authorize HONEY to go long or short on BTC, ETH, ATOM, and TIA, with a maximum leverage of 100 times.
Choose Valut and deposit HONEY in exchange for bHONEY (using a cToken model similar to Compound). Stakeholders can earn income from every transaction on the platform, and bHONEY accumulates these income in real time. Staking can also earn BGT rewards.
BGT Station
website: http://artio.station.berachain.com/validators
There are currently 103 verification nodes, and there is no APY, bribery, etc. You can pledge casually. The official website data shows that 100 million BGT test coins have been pledged. In addition, BGT can also be exchanged for BERA at a 1:1 ratio. After staking, if there are new proposals, just participate in the voting.
ecological project
according toUmeshuAccording to the summary, the Berachain ecosystem currently has more than 70 ecological protocols, 32 The Honey Jar partners, 47 active projects, 30 DeFi projects, 19 NFT projects, 10 game projects and 14 community projects.
The author lists some projects here to show that Berachain ecological NFT and The Honey Jar community NFT have been empowered in many projects.
The Honey Jar
1.NFT Mint
(1) Valentine’s Day NFT – free mint
(2)OOGA BOOGA TICKET
You can mint with 6.9 BERA or 4.2 HONEY, HONEY is more cost-effective.
Possessing an OOGA BOOGA TICKET or participating in other projects in the Berachain ecosystem is one of the thresholds, such asBeraplug Token Airdrop, requires holding Honeycomb and OOGA BOOGA TICKET.
(3)BERA RED ENVELOPE 🐉
website: https://faucet.0x honeyjar.xyz/lny
(4) For more other NFTs, keep an eye on mint.
2.THJ tasks
Currently, the THJ platform has launched tasks such as Cub Initiate, Pudgy Ooga Booga, and Apiology Architect. Each time you complete a task, you can obtain a corresponding badge, which can be used to receive BERA test coins.
3.Badges and Faucet
NFTs held and completed tasks will be converted into badges, and the badges represent the number of BERA test coins that users can receive.
You can now mint Beras vs Apes Jar Gen 1 NFT and Miladys and Beras Jar Gen 2 NFT, and support OHM and ETH payments.
Beranames
BeranamesIt is the official DID and domain name agreement of Berachain. You can register for free for 1 year. If you register for 2 years or more, you will be charged according to the length of the domain name. The required BERA is more expensive.
Beranames Post a messageIt said that the main network whitelist has been launched. To obtain the Berachain main network whitelist casting qualifications, you need to:
Mint a Beraname, and/or
Hold a Berachain NFT, and/or
Hold Honey Comb NFT
Additionally, Beranames releasedGalxe tasks, a total of 80 points.
Kodiak Finance
KodiakIt is a decentralized trading protocol on Berachain that combines centralized liquidity and automated liquidity management. Currently, Kodiak has not yet been launched on the mainnet.
In February this year, Kodiak completed a US$2 million seed round of financing, with participation from Amber Group, Shima Capital, dao 5, DoraHacks and others.
Infrared
Infrared FinanceIt is the Berachain ecological liquidity proof infrastructure, designed to support the Berachain ecological liquidity staking in the context of Proof-of-Liquidity (PoL). Infrared has not yet launched on the mainnet.
On January 29, Infrared completed a US$2.5 million seed round of financing, led by Synergis, NGC Ventures, Tribe Capital, CitizenX, Shima Capital, Dao 5, Signum Capital, Ouroboros Capital, Decima, Oak Grove Ventures, DoraHacks, Tenzor Capital, Alex Shin, Albert Chon, Charles Lu, Mr. Block, Chris Spadafora, DCFGod and others participated in the investment.
Beradrome
Beradrome is a re-pledge and liquidity market on Berachain, with ve(3, 3) token economics, built-in bribery, voting and other mechanisms.
The Beradrome NFT series is Tour de Berance, the floor price is 0.1899 e. The total supply of Beradrome tokens is 100,000. Holding the Tour de Berance NFT can receive token airdrops.
Bera Punks
Bera PunksIt is a Berachain ecological NFT that has been minted recently. The total transaction volume was 23.12 ETH, and a total of 1055 NFTs were sold, ranking first in the trend on the OpenSea homepage. The minting price is 0.0085 ETH, and the current floor price is 0.0314 ETH.
Casting Qualifications:
Bong Bears holders and Bera Punk ETH holders
Honey Comb holders
Beradoge Gen 1 holders
Beramonium NFT holders
Beradrome NFT holders
HoneyCast
Beraplug
BeraplugIt is the Berachain ecological DeFi protocol. The PLUG airdrop will be launched on February 15. The following users are eligible to claim:
Honeycombs holders
Bong Bears and rebase NFT holders
MIJANI holders
Ooga Booga Tickets holders
Beraplug NFT holders
Yeet Cup
Yeet CupIt is a Ponzi game on the entire Berachain ecosystem, including Gambling, games, DeFi and strategy. The last player after a user stakes BERA wins the entire prize pool. ThatThe game token is YEET, users can make yeets to obtain YEET tokens and stake YEET to earn BERA.
In mid-to-early March 2024, Yeet Cup will open mint Yeetards NFT on Ethereum, with a total of 6,666 pieces. This NFT will have practical utility in ecological projects such as Yeet, Beramonium, Berapunks, Boink, Beradoge, Mibera, Goldilocks, etc.
Yeetards NFT minting is divided into 3 levels:
MEGA YEETED conditions: (1) MEGA YEETED role holder in Discord; (2) Bong Bears or other rebase NFT holders; (3) Hold all Yeet Mirror articles. Enjoy 60% casting discount.
YEETED FR conditions: (1) YEETED FR character holders in Discord; (2) Baka Bears, Beramonium, Honey Combs, Tour de Berance, Berapunks, Beratone Sailcloths, HoneyCast, Beradoge, Honey Crystals, The Llamas, LobsterDAO, Degenscore Beacons . Enjoy 25% casting discount
YEETLING: No discount
Note: 69 NFTs for the first 4 Mirror articles of Yeet Cup have been minted and are available for purchase.
Booba On Bera
Booba On BeraIt is an ERC 404 implementation on Berachain. Smokey The Bera, founder of Berachain, commented and forwarded it. BERA test currency Mint can be used.
Ramen Finance
Ramen FinanceIt is the Berachain ecological (3, 3) Launchpad protocol. An NFT collection containing 7,500 generative Hungrybera NFTs will be launched on Arbitrum on February 21. Priority Mint will be opened at 22:00 on February 21, Beijing time, 2 Public Mint will be opened at 00:00 on March 22nd. Priority Mint costs 0.069 ETH and Public Mint costs 0.12 ETH. Hungrybera NFT holders can receive RAMEN token airdrops.
Ramen Finance has given away 100 RamenList characters and 1000 RamenOG characters to community members. RamenList can have one Priority Mint qualification, and RamenList can receive one Hungrybera NFT airdrop and 1 Priority Mint qualification.
In addition, mint qualification lottery opportunities are also provided to Berachain ecological users:
Lottery 1: At the time of snapshot at 22:00 on February 11, Beijing time, those who own the following NFTs are eligible to participate in the Hungrybera NFT minting lottery:
Honey Comb NFT holders (each NFT can get 1 lucky draw opportunity)
Baka Bears holders (2 lucky draw entries for each NFT)
Bong Bears, Bond Bears, Boo Bears, Baby Bears, Band Bears, Bit Bears NFT holders (each NFT can receive 6 lottery entries)
Draw 2: Berachain testnet participants
Make 1 transaction on Berachain Artio testnet
Minting at least 1 Ooga Booga Ticket on the Berachain testnet will give you additional lottery qualifications
