Braachain launched the main network and conducted AIRDROP

On February 6, the official launch of the main network of the Brachain project took place. Leading crypto -rhins added Bera token to the listing.

The developers announced the launch on February 4.

Braachain is a first-level modular blockchain with EVM support using the Proof-OF-LIQUDITY consensus mechanism. This version of the “delegated” POS is aimed at ensuring that users can block tokens in stakeing, simultaneously providing liquidity for projects on the network.

The platform introduces a model of three assets: braa for gas payment, BGT for control and Honey as stablecoin, which prevents centralization and stimulates onchain-activity.

The project capitalization amounted to $ 814.2 million, FDV – $ 3.79 billion. In part after TGE, the token fell 4.2%.

At the time of writing, the quotes dropped to $ 7.51. At the peak, they reached $ 14.83, at a minimum – $ 6.99, according to Coingecko.

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The volume of trading of perpetual BERA contracts in less than a day reached $ 5.7 billion, according to Coinglass.

On all seven platforms tracked by the service, the financing rate has passed into a negative area, which indicates a predominance of bear mood.

During the airrdop, the Brachain team distributed 15.8% of 500 million BERA tokens among the community.

The structure looks as follows:

  • The community will get 48.9%, of which 15.8% during the Airrod, 20% are provided for R&D and 13.1% – long -term ecosystem incentives, including grants for developers and remuneration for Dapps;
  • Investors will receive 34.3%;
  • The early main participants are 16.8%.

The last two categories, as well as BERA, distributed as long -term stimuli of the ecosystem, will follow the sashwing graphics:

  • A year later, 1/6 of the selected tokens are unlocked;
  • The remaining 5/6 parts will be distributed linearly over the next 24 months.

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Of the 79 million braa, 55.75 million were distributed from the airdr.

The remaining part is intended for selected teams, developers and community participants as part of the Request for Broposal initiative. Additional rewards are reserved for Boyco depositors, Brachain liquidity programs to TGE. The distribution will take place from 30 to 90 days.

In April, the project attracted $ 100 million following the results of the round of the B series under the leadership of Framework Ventures. The list of investors also includes: Brevan Howard Digital, Hashkey Capital, Tribe Capital, Arrington XRP Capital. Braachain rating exceeded $ 420 million.

Recall, a little over a year ago, the developers launched the public dot Artio.

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Source: Cryptocurrency

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