Berachain is a high-performance blockchain designed to improve decentralized finance (DeFi) by offering a more efficient and user-friendly platform.

Unlike traditional blockchains, Berachain introduces a unique system where users can help secure the network by staking their assets, similar to earning interest in a savings account. This not only maintains the network's security but also rewards users for their participation.

What makes Berachain unique is its emphasis on fostering a seamless and rewarding environment for DeFi applications. It simplifies the development process for creators and enhances user engagement with DeFi services, all while maintaining a secure and scalable infrastructure.

Berachain is compatible with the Ethereum Virtual Machine (EVM) and employs a consensus mechanism known as Proof of Liquidity (POL).

On June 9, 2024, Berachain launched version 2 of its testnet.

This dashboard gives an overview of activities on Berachain since the launch of Testnet V2

kingnedu