Bitrue has announced its upcoming support for Berachain, a new layer-1 blockchain designed to compete with established networks like Ethereum and Solana.
Bitrue has announced its upcoming support for Berachain, a new layer-1 blockchain designed to compete with established networks like Ethereum and Solana. Trading for Berachain’s native token, BERA, is set to commence at 1 p.m. UTC on Feb. 6, coinciding with the platform's Token Generation Event (TGE).
Berachain aims to provide an EVM-identical blockchain that leverages a proof-of-liquidity (PoL) mechanism, which the developers claim offers advantages over the proof-of-stake (PoS) systems utilized by its competitors. As part of the launch, 15.8% of the total supply of 500 million BERA tokens will be airdropped to eligible users.
In addition to the token listing, Bitrue has expressed its commitment to supporting developers within the Berachain ecosystem.
The exchange plans to facilitate this through extensive marketing efforts, including Ask Me Anything (AMA) sessions and various promotional events. The integrations necessary for the seamless listing of future Berachain-based tokens have already been completed.
Adam O’Neill, Chief Marketing Officer at Bitrue, emphasized the importance of early access to new projects for investors. The exchange aims to connect developers with potential supporters as Berachain establishes itself in the market.
To celebrate the introduction of Berachain and its associated projects, Bitrue will also host two special events for its users.
Beginning Feb. 6 at 2 p.m. UTC, BERA will be available on Bitrue’s Power Piggy, a flexible investment product that offers a 10% annual percentage rate (APR) for users who deposit the token.
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