Berachain’s BERA airdrop, worth an estimated $632M, ranks among the largest in recent years, with 80M tokens distributed ahead of the network’s launch.
Based on pre-launch market prices, BERA has ranked among the largest airdrops in recent years.
First Layer According to a release, when the network focused on decentralized finance (DeFi) goes live later on Thursday, Berachain will airdrop just under 80 million of its tokens to ecosystem and exchange users.
Of the 500 million tokens in the initial supply, 48.9% are devoted to ecosystem development, research, and community involvement activities like airdrops.
Testnet users, social media users, and other community members have distributed the airdrop. As of Thursday morning, token allocations are visible on the airdrop checker and may be claimed through various EVM wallets, including OKX Wallet and Metamask.
As an acknowledgment of their contributions to a robust pre-launch ecosystem and their role in helping to make the false chain real, the token distribution includes an airdrop of 15.75% to Berachain community members, applications, liquidity providers, and more, according to a Berachain post.
According to current speculation, the airdrop is worth $632 million, and the network has a $4 billion market capitalization, with pre-launch markets for valuing the token at $8. These figures are anticipated to change significantly in the 24 hours following its launch.
Future blockchains will use a proof-of-liquidity consensus process to incentivize liquidity provision. With a tagline asking whether the chain “was even real?” It has developed a cult following and an active social media community in the last year.
According to CoinDesk, a pre-deposit application designed to kickstart liquidity on Berachain raised over $3 billion from users in less than a week, demonstrating the network’s enormous investor interest.
