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Top Berachain Ecosystem tokens by market capitalization
Berachain Ecosystem contains 2 coins with a total market capitalization of $42.15M and an average price change of -2.23%. They are listed in size by market capitalization.
Berachain is a blockchain platform that is designed to be highly performant and is compatible with the Ethereum Virtual Machine (EVM). The consensus mechanism used by Berachain is called Proof-of-Liquidity. Individuals have the option to stake their coins and subsequently allocate their stake to validators of their choice. Once a user has contributed their stake to a validator, that amount is added to the validator's overall total, and rewards are distributed collectively.
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FAQ
Who founded Berachain?
Berachain originated from an NFT project initially named BongBears, which was conceived by anonymous co-founders recognized as Dev Bear, Papa Bear, and Smokey the Beara.
What is Berachain proof of Liquidity?
The Proof of Liquidity system utilized by Berachain is quite unique. It uses "consensus" vaults to determine the weight of validator votes, allocate block rewards, and encourage capital flow and deep liquidity.
How do you predict liquidity?
A common method for estimating liquidity is by calculating the ratio of traded volume multiplied by the closing price, divided by the price range from high to low, for the entire trading day. This calculation is typically done on a logarithmic scale.