polychain

During this period, the #FT imitation disk has its own popularity, mainly because the current key value on ft is quite high, and if you buy the newly released imitation disk when the value is low in the early stage, you can realize it in a short period of time. The value of the imitation disks has increased dramatically, and one of the characteristics of the recently released imitation disks is that you can buy their keys without registering. Since there are many imitation disks appearing at the same time, it is impossible for many big Vs to imitate so many imitation disks at the same time. This method can Help imitation disks attract a large number of users in the short term, thus improving their competitiveness. It can be found that these recent popular imitation disks, whether they are stolen stars or today's #tomo , they all have a characteristic that they will be supported by some big guys. You can see that in the early days of start, they were supported and settled by the founder of #avax . Today The tomo number is also #polychain , #Ankr , and the founders of Galaxy are all settled in it. For this kind of imitation disk that has its own characteristics and the support of big guys, buying it in the early stage can bring you good benefits. However, it should be noted that the life cycle of imitation disks may be relatively short. The following is a summary of the recent imitation disks: Linea: @tomo_socialARB: @cipher_cores, @PostTechSoFiAvax: @starsarenacomBNB: @Friend3AISolana: @hub3ee The market has been bearish recently, and the prices in the primary market have also slowly come down. It is better to accumulate more at this time. Waiting for the bull market to come.

1. Project introduction #Berachain is an L1 public chain built based on Cosmos SDK and compatible with EVM, using liquidity proof to provide support. Berachain’s technology is built on Polaris, a high-performance blockchain framework for building EVM-compatible chains on top of the CometBFT consensus engine. Official website: https://www.berachain.com/ 2. Products and Innovation: Product Berachain Protocol: L1 public chain BEX built based on Cosmos SDK and compatible with EVM: Berachain’s native BEX, which is used to obtain new tokens and provide liquidity Local Berachain Oracle: A fully integrated universal price oracle with an associated Cosmos module and precompiled through which applications and users can interact. 2. Innovative EVM compatibility: Built on Cosmos-SDK, it technically integrates EVM, making the development process easier and conducive to the construction of early ecology. According to statistics, there are about 71 projects based on Berachain, some of which are already online, and Most of them are Berachain native projects. Ecological project link: https://docs.google.com/spreadsheets/d/1tLOrxMnws6NX-0JMAIKH1ULFmjDYv2LVvYG8Lbv2kpU/edit#gid=659852632Polaris framework: Berachain’s EVM compatibility comes from the Berachain Polaris EVM library. Polaris provides an improved EVM experience and is a highly extensible and interoperable EVM framework that is Ethereum developer-friendly. Modularity: Provides a modular EVM framework to provide an execution environment for smart contracts on Berachain. Any project can use Berachain to integrate and build new modular EVM. Innovative consensus mechanism: Compared with the current ETH equity proof mechanism, BeraChain adopts the liquidity proof mechanism PoL, which realizes the control of network liquidity through liquidity providers, liquidity mining, liquidity proof and liquidity governance mechanisms. , centralization of rights and coordination between protocols and validators. Token model: Separate gas Token and governance Token to solve the problem of liquidity loss caused by token pledge to a certain extent. Meme attributes and community-driven: The community atmosphere is good and it has meme culture. The NFT series Bong Bears was launched in August 2021, with a mint price of 0.0694E. After that, more related Bears NFTs were rebased, as shown in the picture below.According to statistics, the current total price is 400E+: 1bond (63E)2 boo (20.6E*2)4 baby (10E*4)8 band (5.68E*8)16 bit (3.45E*16)Bong (169E) 3. Community And user data: Social media: Twitter: https://twitter.com/berachain, 200K followersTelegram: https://t.me/BerachainPortal, 2332 membersDiscord: https://discord.com/invite/berachain, 150.9k members , 21.7k online 2. Testnet data The testnet was opened on the 11th. In the first 48 hours, it attracted more than 300 million users and generated about 1 million transactions. At one time, the memory pool was completely full. Due to the huge number of requests, it could not Do not pause taps to help relieve network congestion. This situation has almost never happened in the Cosmos ecosystem before. Currently, you can participate in the Odyssey event of the Artio test network to obtain airdrop rewards. 4. Economic model: Adopt a unique three-token model: different from Ethereum, which has only one native Token (ETH) and two. Token-like Terra (LUNA, UST/SDT), Berachain has three native tokens: 1. $BERA: gas Token, which serves as the network’s fuel fee and 10% inflation. It can be earned by validating transactions or providing liquidity on the Berachain platform. 2. $BGT: Mainnet token, governance Token, used for network governance, which can be obtained by pledging $BERA. BGT is non-transferable, meaning it cannot be traded. BGT can be earned by performing certain actions in authorized dApps, such as: Providing liquidity in the native BEX Borrowing in Bend HONEY Providing HONEY to Berps in the bHONEY vault When delegating BGT to a validator, it can be used to create governance proposals And vote on it. The distribution weight of pledge income of various assets is completed by BGT governance, such as the proposal to decide which LP pools receive BGT allocations. After authorization, you will start to receive various rewards from the network. BGT can also be burned and converted into BERA in a 1:1 ratio. This is one-way, BERA cannot be converted to BGT. 3. $HONEY: A native consensus-collateralized stablecoin, a stablecoin designed to be close to 1 USDC and also a protocol revenue distribution medium. Used for the pairing of LP with liquidity pairs on Berachain, it helps bootstrap liquidity for native projects built on the platform. When mainnet goes live, Honey will be able to be minted through the HONEY dApp or purchased on BEX.2. How does it work? Use $BERA + $HONEY and other tokens to provide liquidity on Berachain and earn block rewards, gas fees, and BGT. Collateral $BGT . Stake $BGT and earn $BERA + $HONEY +$BGT. 5. Financing and Team: Financing: 2023-4-20: Completed Series A financing of US$42 million, with a valuation of US$420 million. Participating project parties include: #Polychain (lead investor), OKVentures, Shimano Capital, RobotVentures, in addition to There are some individual investors worthy of our attention: Santiago Roel Santos: Former general partner of ParaFi Capital Zaki Manian: He is the head of the Tendermint laboratory and an advisor to the Cosmos project Joey Santoro: Founder of Fei Protocol. Although this project failed, But it can provide valuable experience to Bear Chain. Georgios Vlachos: Co-founder of Axelar, member of Algorand founding team Mustafa Al-Bassam: Co-founder and CEO of Celestia 2. Team: The team is anonymous, but can be integrated at once 42 million US dollars shows that the team is not simple and must have rich connections and resources in the encryption field. 6. Summary: The unique three-token economic model separates gas and gov to maximize the release of liquidity, avoid damaging the rights and interests of active users who actively participate in the network (such as users who contribute a large amount of transactions and gas), and solve the problem of staking participation in governance. The contradiction between activity and liquidity. Therefore, we are very optimistic that Berachain will lead DeFi innovation and create a DeFi protocol with high liquidity and high capital efficiency. At the same time, as the number of users increases and fee income increases, Berachain will further attract more users and ecological projects to settle in. Coupled with the Berachain governance reward mechanism, a positive spiral cycle will be formed. But we must also remain rational. Whether Berachain will be as we expected, we still need to pay attention to the future development of the project (the development of the project itself, the growth of the ecosystem, the security of the protocol, etc.). SANYUAN Labs is a DAO-driven venture capital institution focused on investing in Web3.0, DeFi and AI. Twitter: https://twitter.com/SanyuanCapitalTelegram: https://t.me/TernaryCapital