Berachain (BERA)

What is Berachain?

Berachain is a next-generation blockchain designed for high scalability and DeFi innovation. Built within the Cosmos ecosystem, it uses a novel consensus model to align liquidity with network security.

Here are 5 key points about Berachain:

Proof-of-Liquidity (PoL): Validators must stake liquidity provider (LP) tokens instead of only the native token, ensuring security and liquidity are deeply connected.

EVM compatibility: Developers can deploy Ethereum smart contracts without modification.

Cosmos SDK foundation: Provides fast, low-cost transactions and interoperability with other Cosmos chains through IBC.

DeFi focus: Optimised for liquidity provision, yield farming, and cross-chain DeFi use cases.

On-chain governance: BERA holders can vote on proposals and network changes.

Berachain on Wraith Wallet

With Wraith Wallet, you can:

Store BERA securely.

Send and receive BERA natively.

The BERA token is used for:

Transaction fees (gas payments).

Staking in the Proof-of-Liquidity system.

Governance voting.

DeFi utilities such as liquidity mining, lending, and borrowing.

ERC20 tokens on Berachain

Berachain supports ERC20 tokens deployed within its ecosystem, benefiting from EVM compatibility. Transactions are significantly cheaper compared to Ethereum Layer 1.

How to get BERA

Buy BERA directly within Wraith Wallet.

Receive BERA via your unique Berachain wallet address.

Manually enable Berachain in the Manage Token List if it isn’t already visible.

⚠️ Only send BERA to your Berachain address.

Transaction fees on Berachain

Dynamic: Adjusts based on network demand for fairness.

Lower cost: Leveraging Cosmos SDK, fees are cheaper than Ethereum.

BERA gas token: All fees are paid in BERA.

Checking balances

Wraith Wallet displays your BERA balance in real time. To view full transaction history, tap View on BeraScan, the default Berachain explorer integrated with Wraith Wallet.

Why choose Wraith Wallet for Berachain?

Self-custody: You hold your keys and maintain full control.

EVM compatibility: Seamlessly interact with dApps built for Ethereum.

Cross-chain support: Manage assets across Berachain and other Cosmos/EVM networks in one wallet.

Summary Berachain introduces an innovative Proof-of-Liquidity model, aligning security with liquidity provision while remaining fully EVM-compatible. Wraith Wallet provides a secure, intuitive, and multi-chain platform for storing, sending, and managing BERA tokens.

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