Berachain
Berachain is a decentralised finance-focused layer 1 blockchain.
Business Model: B2C
Revenue: $0
Employees: 0-0
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Detailed Berachain Information
Geographic Data
Address: .
City: Cayman Islands
State: other
Zip: KY1-0001
Country: IO
Financial Info
Stage:
Raised Last:
$42M
Raised Total:$42M
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1,467,225Website Global Rank
15,303Website Monthly Traffic
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Description
Berachain claims that its technology will enable staked assets to be utilised in DeFi protocols, increasing on-chain liquidity and capital efficiency. Staked assets, such as staked ether (ETH), are now locked while being utilised to safeguard the underlying blockchain&s;s network. Berachain claims that its "proof of liquidity" consensus will allow users to stake assets on Berachain while also trading, borrowing, or lending on-chain.
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