BeraChain

Hello friends, I will introduce a project that I want you to know about, which is expected to be a key player in the #Cosmos ecosystem. @berachain Although it has become very popular lately, I am not sure that it is fully understood, so I prepared this blog 🐻⛓⚛️


1⃣ What is Berachain? It is an EVM compatible smart contract chain based on Cosmos SDK. In the EVM section @EvmosOrg The difference is that it will use Polaris instead of Ethermint. Polaris Virtual Machine 👇

2⃣ How did it start? Berachain's roots, https://t.co/tyjeRbgyvz based on the collection. When the #airdrop expectation is added to the low supply, the collection floor is 50 $ETH.

Bong Bears project @itsdevbear , @smokeythebera and was revealed by Papa Bear. Berachain team too, these three people + @homme0x It consists of . Their goal is to make the EVM experience available with a perfect UX in Cosmos and beyond, in short, to do what Evmos cannot do.

3⃣ What will they do differently apart from Polaris? - A consensus model called Proof of Liquidity - Three token model (gas token, governance token, stable token)

4⃣ How much investment did they receive from whom? In the investment round led by Polychain, they raised $42M investment with a valuation of $420.69M from many venture capital, angel investors and individual investors.


5⃣ Summary ⚡️ Polaris seems to have a clear advantage over Evmos in the performance tests, which you can find in the blog post in the 2nd tweet. 🏗️ Although it is still in the private devnet stage, there are many teams building on it. 🧠 Proof of Liq. and the tri-token model is great at first glance.