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Berachain Airdrop guide » Claim tokens free step by step
berachain airdrops guide

Berachain

Status:

✅Confirmed

Raise:

$142.00M

Task Type:

Bounty Platforms, Testnet

Links:

Berachain Airdrop Guide Step By Step

Berachain Testnet Guide: Get Ready to Explore!

This guide equips you for a smooth journey on the Berachain testnet. Here’s what you need to do:

Setting Up Your Wallet:

  1. Add Berachain Artio Network:

Understanding Berachain Tokens:

Berachain utilizes three tokens:

  • BERA: The network token used for transactions (gas fees).
  • BGT: A governance token earned through specific actions on authorized dApps.
  • HONEY: Berachain’s stablecoin.

Acquiring Testnet BERA Tokens:

  • Head over to one of the following faucets to get testnet BERA (these might be temporarily unavailable): 1, 2, 3, 4.

Engaging with dApps:

  1. Diroc Finance:

    • Visit Kodiak to swap BERA for HONEY and DIRAC tokens.
    • Stake your HONEY tokens using the provided link.
    • Stake your DIRAC tokens in the “Staking” tab.
    • Add liquidity to the HONEY/DIRAC pool.
    • Go back to Bartio and stake the received LP token.
  2. Bera V2 NFT:

    • Visit the website, connect your wallet, and complete tasks to mint the NFT.
  3. Public Testnet Bartio (bArtio B2):

    • Access the website and request testnet tokens.
    • Explore the list of current dApps (with updated links) and participate in their activities.
  4. Unchained Bera NFT:

    • Visit the website and complete tasks to mint this NFT for free. It grants access to a special Discord role and might offer future benefits.

BGT Station (Coming Soon):

  • After completing the previous steps, you’ll be able to claim BGT tokens (details to follow).
  • Once available, delegate your BGT tokens on BGT Station.

Exploring DeFi Features:

  1. BERPS (Leverage Trading):

    • Connect your wallet to the BERPS website and navigate to the “Perpetuals” tab.
    • Simulate trading different assets using leverage.
    • Move to the “Vault” tab, deposit HONEY, and receive $bHONEY tokens.
  2. BEND (Supply/Borrow):

    • Connect your wallet to BEND and borrow HONEY tokens.
    • To borrow HONEY, supply WBTC/WETH tokens (obtainable by swapping BERA on BEX).
  3. Mint HONEY:

    • Visit the HONEY website and connect your wallet.
    • Use your stgUSDC tokens (swapped earlier) to mint HONEY tokens.
  4. BEX (Berachain’s DEX):

    • Connect your wallet to BEX and swap BERA tokens for HONEY and stgUSDC.
    • Add liquidity to a pool of your choice.

Social Activity:

  1. Galxe Quests:
    • Visit Galxe (not Galxy) and connect your wallet or social account.
    • Complete tasks to earn points.

Project overview

Berachain is a high-performance Layer 1 (L1) blockchain designed for efficiency and scalability in the realm of decentralized finance (DeFi). Here’s a breakdown of its key features:

Focus on DeFi:

  • EVM Compatibility: Berachain is compatible with the Ethereum Virtual Machine (EVM), allowing seamless integration of existing Ethereum-based tools and smart contracts. This makes it easier for developers to build and deploy DeFi applications on Berachain.
  • Proof-of-Liquidity (PoL): Berachain utilizes a Proof-of-Liquidity consensus mechanism. This approach aims to incentivize validators (those who secure the network) to hold and stake liquidity tokens, potentially leading to a more stable and secure network.

Additional Highlights:

  • High Performance: Berachain is engineered for speed and aims to handle a high volume of transactions efficiently.
  • Focus on Governance: BGT, Berachain’s governance token, empowers holders to participate in network decision-making processes.
  • HONEY Stablecoin: Berachain offers a native stablecoin, HONEY, pegged to the value of the US dollar. This stablecoin can be used for various DeFi activities within the Berachain ecosystem.

Overall, Berachain positions itself as a promising L1 blockchain solution for developers and users seeking a fast, secure, and user-friendly environment for building and interacting with DeFi applications.

Here are some additional points to consider:

  • Berachain is still under development, and its mainnet launch is yet to occur. It’s currently in a testnet phase, allowing users to explore its functionalities and provide feedback.
  • As with any new blockchain project, it’s crucial to conduct your own research and understand the potential risks associated with DeFi activities before participating on Berachain.

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