Framework Ventures Co-founder: Berachain Mainnet and Token Plan to Launch Before Year End
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September 18, 2024
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Framework Ventures co-founder Vance Spencer announced at Token 2049 in Singapore that Berachain's mainnet and token are scheduled to launch by the end of 2024. Berachain's POL consensus mechanism aims to introduce a fully aligned blockchain ecosystem by redirecting a portion of profits back to ecosystem participants. When users stake BERA, they must direct the acquired liquidity towards these primitives. This ensures that all fees remain within the ecosystem. These fees are distributed to BGT and BERA holders, as the market desires. (Cointelegraph)
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