How To Claim Berachain ($BERA) Airdrop, Eligibility, Launch Date & More

Berachain is a high-performing Ethereum Virtual Machine-compatible (EVM) blockchain protocol built using the proof-of-liquidity (PoL) consensus. The network is gearing up to launch its mainnet by the end of this year. 

Recently, the project raised $42 million in capital from investors like PolyChain Capital and dao5. Berachain will distribute its native cryptocurrency, called the $BERA token, as an incentive to early users and adopters of the testnet via an airdrop campaign scheduled this month. 

Today, we will take a look at how you can participate in the BERA token airdrop and claim your free tokens before the mainnet launch later this year. So, let’s get started. 

How To Participate In The Berachain Airdrop?

Follow these steps to take part in the Berachain airdrop campaign and maximize your chances of claiming the BERA token:

1. Go to Berachain testnet and open the decentralized applications (DApp) page to claim your $BERA tokens using the faucet feature. 

2. Connect your Berachain-compatible wallet to the Berachain decentralized exchange (BEX), where you swap the BERA for HONEY and other available tokens like stgUSDC, WBTC, and WETH. Basically, you will be providing liquidity to various pools on the exchange, thereby actively participating in the operation of Berachain. 

3. Mint HONEY using stgUSDC token in the testnet interface on the Honet DApp

4. Go to Berachain Berps, a leverage trading platform on the blockchain, and make long or short trades using HONEY. Here, you can stake HONEY in the “Vaults” section. 

5. Supply or borrow digital assets on the BEND platform. 

6. Stake BGT token as a validator on the Berachain Station. 

7. Earn XP tokens by completing these tasks, which will help you qualify for the BERA token airdrop. 

Understanding Berchain’s Native Cryptocurrencies

Berachain employs a tri-token model that provides distinct utilities for participants. The three tokens are:

• BERA: This token is used for performing transactions on the network and paying gas and other fees. 

• BGT: This is the non-transferable governance token of the blockchain that can only be acquired by depositing liquidity in the BEX decentralized exchange. BGT is pegged 1:1 with BERA and can be burned for the native utility token. 

• HONEY: This is the stablecoin of the Berchain network that is pegged to the value of the US Dollar. 

How To Claim BERA Token Via The Airdrop?

Here is how to claim your share of BERA tokens:

1. Choose a wallet compatible with the Berachain testnet and supports ERC-20 tokens. Options include MetaMask, Trust Wallet, or Ledger. 

2. Go to the Berachain testnet page and use the faucet feature to claim BERA tokens 

3. Connect your wallet to the Berachain testnet and participate in activities like swapping tokens on the Berachain exchange, providing liquidity to various pools on the DEX, utilizing the token minting feature, and engaging in staking and trading of the available tokens. 

4. Make sure your wallet meets the eligibility criteria, such as holding a certain amount of ETH to pay gas fees or participating in community tasks. 

5. Register your wallet address on the Berachain airdrop registration page. 

6. Subscribe to Berachain’s official social media channels to receive updates about the airdrop schedule.  

7. On the airdrop date, check your wallet to confirm whether you have received the BERA tokens. The process could be slow considering the workload that goes into launching the mainnet. Being patient is key. 

When Will Berachain Airdrop BERA Tokens?

According to reports, the Berachain Airdrop is expected to take place once the Berachain testnet has concluded. The event will coincide with the launch of the mainnet. The Airdrop will reportedly end in September 2024. 

Berachain will distribute its native BERA token to those who were active participants in the network during its testnet phase and explore the applications available in the ecosystem at the time. 

Which Exchanges Will List BERA Token?

Berachain’s BERA token is currently awaiting listings on major crypto exchanges, and so far no names have been confirmed. However, the cryptocurrency is anticipated to be listed on KuCoin and OKX, which are platforms known for early token launches. 

Why Should You Participate In The Berachain Airdrop?

Here are some benefits of participating in the Berachain Airdrop:

1. Acquire BERA tokens for free without making any financial investments. The token’s value could increase once the Berachain mainnet launches. 

2. By engaging with the testnet, users get to explore new features and functionalities before they are available to the public. This provides participants with valuable insights and advantages in using the blockchain once it goes live. 

3. By participating in the airdrop, users can become part of a community with shared interests and goals related to Berachain. 

4. All tasks associated with the Berachain airdrop do not require participants to use real funds. This minimizes financial risk while allowing them to take part without worrying about losing any funds. 

5. Active participation in Berachain’s testnet activities and completion of tasks offered through Galaxe quests can significantly increase your eligibility for receiving airdropped tokens. This strategy not only maximizes potential rewards but also strengthens the ecosystem. 

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