交易所DEX+

在 MEXC 上探索 BERA（BERA）的代币经济。了解 BERA 代币的总供应量、分配机制、流通市值、交易量等信息，实时掌握市场动态！在 MEXC 上探索 BERA（BERA）的代币经济。了解 BERA 代币的总供应量、分配机制、流通市值、交易量等信息，实时掌握市场动态！

BERA（BERA）代币经济学

深入了解 BERA（BERA），包括其代币供应、分配模型以及实时市场数据。

更新时间：2025-11-05 13:12:48 (UTC+8)

汇率

USD

BERA（BERA）代币经济学和价格数据分析

快速了解 BERA（BERA）的代币经济数据，包括市值、供应量、FDV 和历史价格，帮助您轻松掌握币种现状与市场表现。

市值：

$ 199.07M

$ 199.07M$ 199.07M

总供应量：

$ 512.97M

$ 512.97M$ 512.97M

流通量：

$ 130.45M

$ 130.45M$ 130.45M

FDV (完全稀释估值)：

$ 782.79M

$ 782.79M$ 782.79M

最高价：

$ 20

$ 20$ 20

最低价：

$ 0.8737518851092348

$ 0.8737518851092348$ 0.8737518851092348

当前价格：

$ 1.526

$ 1.526$ 1.526

了解更多 BERA（BERA）价格

BERA（BERA）信息

Berachain 是一个基于模块化 EVM 共识客户端框架 BeaconKit 构建的高性能 Layer 1 区块链，其采用流动性证明（Proof-of-Liquidity，PoL）共识机制，具有与以太坊虚拟机（EVM）完全兼容的特性。

币种官网：

https://berachain.com/

币种白皮书：

https://docs.berachain.com/

BERA（BERA）深度代币结构解析

深入了解 BERA 的代币发行、分配与解锁机制。本部分涵盖代币用途、激励模式和解锁计划。

Berachain is a Cosmos SDK-based Layer-1 blockchain with a unique Proof-of-Liquidity (PoL) consensus, a tri-token model, and a strong focus on DeFi capital efficiency. Below is a comprehensive breakdown of its token economics, including issuance, allocation, usage, incentives, locking, and unlocking mechanisms.

Token Model Overview

Berachain operates with three native tokens:

BERA: Gas and staking token (transferable, tradable)
BGT: Governance and incentive token (non-transferable, can be burned 1:1 for BERA)
HONEY: Stablecoin, pegged to USDC

Issuance Mechanism

Genesis Supply: 500 million BERA tokens at mainnet launch.
Annual Inflation: BERA inflates at 10% per year, distributed as block rewards.
BGT Emissions: BGT is minted as a reward for providing liquidity to whitelisted DeFi pools and is non-transferable. BGT can be burned 1:1 to mint BERA, creating a dynamic link between governance and gas tokens.
Proof-of-Liquidity (PoL): Instead of traditional PoS, block rewards are distributed to liquidity providers (LPs) in core DeFi protocols, not just stakers. Validators receive BGT emissions based on delegated BGT (boost), which they direct to reward vaults (smart contracts) for user incentives.

Allocation Mechanism

Initial BERA Allocation at Genesis

Allocation Group	% of Genesis Supply	Unlock Schedule	Notes
Community (total)	48.9%	3-year linear vesting	Includes airdrop, community, ecosystem R&D
- Airdrop	15.8%	3-year linear vesting	Testnet users, NFT holders, BNB holders
- Community Initiatives	13.1%	3-year linear vesting	Incentives, grants, etc.
- Ecosystem R&D	20.0%	3-year linear vesting	Protocol development, partnerships
Investors	34.3%	3-year linear vesting	Private/VC rounds
Advisors/Core Team	16.8%	3-year linear vesting	Founders, contributors

All allocations unlock linearly from Feb 6, 2025, to Feb 6, 2028.

Unlocking Table Example

Recipient Group	Start Date	End Date	Daily Unlock Amount	% of Total Unlocked	% Unlock Schedule Completed
Community Initiatives	2025-02-06	2028-02-06	13,333,334	2.67%	97.77% (as of latest data)
Investors	2025-02-06	2028-02-06	13,333,334	2.67%	97.77%
Core Contributors	2025-02-06	2028-02-06	13,333,334	2.67%	97.77%
Ecosystem & R&D	2025-02-06	2028-02-06	13,333,334	2.67%	97.77%
Airdrop	2025-02-06	2028-02-06	729,836	0.15%	25.30%

Usage and Incentive Mechanism

BERA (Gas & Staking Token)

Used for transaction fees and staking to activate validators.
Staked BERA secures the network and is required for validator participation.

BGT (Governance & Incentive Token)

Earned by providing liquidity to whitelisted pools (e.g., BEX, Kodiak, Dolomite).
Non-transferable, but can be burned for BERA.
Used to vote on governance proposals and direct BGT emissions to specific pools (veTokenomics-inspired).
Delegated to validators, who then direct emissions to reward vaults, creating a competitive market for liquidity.

Incentive Design

Reward Vaults: Smart contracts eligible for BGT emissions, distributing rewards to users.
Bribe Mechanism: Protocols can incentivize validators to direct emissions to their pools, creating a market for governance influence.
Multi-layered Yield: Users can earn BERA, BGT, and additional DeFi protocol rewards by participating in vaults and liquidity pools.

Locking and Unlocking Mechanism

Linear Vesting: All major allocations (community, investors, team) unlock linearly over 3 years from mainnet launch (Feb 6, 2025, to Feb 6, 2028).
Airdrop Vesting: Airdrop tokens are also subject to a 3-year vesting schedule, with a portion unlocked at TGE and the rest vesting over time.
Vault Lockups: Some DeFi vaults (e.g., uniBTC Berachain Vault) require a 3-month lock-up post-mainnet before withdrawals are enabled.
BGT Locking: BGT is non-transferable and locked to the address that earns it, but can be burned for BERA.

Token Unlocking Table (Sample)

Asset Name	Allocation Recipient	Group	Start Date	End Date	Daily Unlock	Cumulative Unlocked	Remaining	% of Total Unlocked	% Unlock Schedule Completed
Berachain BERA	Community Initiatives	Community/Incentives	2025-02-06	2028-02-06	13,333,334	488,854,178	11,145,834	2.67%	97.77%
Berachain BERA	Investors	Private Investors	2025-02-06	2028-02-06	13,333,334	488,854,178	11,145,834	2.67%	97.77%
Berachain BERA	Core Contributors	Team Advisors	2025-02-06	2028-02-06	13,333,334	488,854,178	11,145,834	2.67%	97.77%
Berachain BERA	Ecosystem & R&D	Treasury/Ecosystem	2025-02-06	2028-02-06	13,333,334	488,854,178	11,145,834	2.67%	97.77%
Berachain BERA	Airdrop	Community/Incentives	2025-02-06	2028-02-06	729,836	126,499,996	373,500,016	0.15%	25.30%

Governance and Emission Control

Governance Phases: Initially, only core DEX pools receive emissions. Within weeks, governance opens to all protocols, and eventually, BGT holders gain full proposal rights.
Reward Vault Eligibility: Strict criteria for vaults to receive emissions (minimum holders, TVL, audits, etc.).
Emission Updates: BGT emissions and incentives are recalculated every 5 hours, and rewards are distributed over 3 days.

Summary Table: Berachain Tokenomics

Aspect	Details
Issuance	500M BERA at genesis, 10% annual inflation, BGT via liquidity provision
Allocation	48.9% Community, 34.3% Investors, 16.8% Team/Advisors, all 3-year linear vesting
Usage	BERA: gas, staking; BGT: governance, emissions, can be burned for BERA
Incentives	PoL rewards LPs, bribe market for emissions, multi-layered DeFi yields
Locking	3-year linear vesting for all major allocations, 3-month lock for some vaults
Unlocking	Linear from Feb 6, 2025, to Feb 6, 2028; airdrop and vaults have specific schedules
Governance	Multi-phase, BGT holders gain increasing control, strict vault eligibility requirements

Nuances and Implications

Capital Efficiency: By rewarding liquidity providers rather than just stakers, Berachain maximizes TVL and aligns security with DeFi activity.
Governance Power: BGT’s non-transferability and burn-to-BERA mechanism prevent governance token speculation but may concentrate power among early LPs.
Incentive Sustainability: The bribe market and frequent emission updates create a dynamic, competitive environment for protocols to attract liquidity.
Unlocking Risks: Linear vesting reduces cliff risk, but large unlocks (especially for airdrops and investors) could impact price if not managed with ecosystem growth.

Conclusion

Berachain’s tokenomics are designed to tightly couple network security, liquidity, and governance, using innovative mechanisms to incentivize active participation and ecosystem growth. The tri-token model, PoL consensus, and dynamic reward vault system set Berachain apart in the Layer-1 landscape, though long-term decentralization and incentive sustainability will depend on continued protocol and community development.