Learn how to earn rewards in Berachain, a high-performance EVM-compatible blockchain with Proof-of-Liquidity consensus. Follow our step-by-step guide to participate in swaps, minting, staking, and more, while leveraging the support of OriginStake for a secure and profitable staking experience.
What is Berachain?
Berachain is an advanced blockchain platform, compatible with the Ethereum Virtual Machine (EVM), and built on the unique Proof-of-Liquidity (PoL) consensus mechanism. This innovative consensus model is designed to align network incentives, fostering a strong synergy between Berachain validators and the ecosystem’s projects. The technology behind Berachain is based on Polaris, a high-performance framework for creating EVM-compatible chains, utilizing the CometBFT consensus engine.
By leveraging the Polaris framework and CometBFT, Berachain supports Ethereum’s smart contract operations while introducing additional functionalities for decentralized applications. Known as an “EVM-equivalent-plus” blockchain, Berachain combines EVM compatibility with enhanced features, making it a compelling choice in the blockchain sector. Its design, supported by the Cosmos-SDK, allows for modularity and versatility, catering to developers and users seeking advanced and efficient blockchain solutions.
Discover more about: What is Berachain?
The Core Principles of Berachain
Defragmenting liquidity
Simple Defi legos (AMM, Perps, Lend) and pools are built into the chain and powered by validators.
Turbocharging Applications
Validators direct network emissions towards decentralized dApps building on Berachain
Highly Accessible
Interoperable and modular VM built at the intersection of EVM and the Cosmos Ecosystem
Earn rewards in Berachain – StepByStep
STEP 01: Request test tokens from the faucet.
https://artio.faucet.berachain.com
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STEP 02: Perform several swaps in different pairs.
Swap from $BERA to $STGUSDC
https://artio.bex.berachain.com/swap
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STEP 03: Mint $STGUSDC to $Honey (Berachain Native Stablecoin).
https://artio.honey.berachain.com
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STEP 04: Add Liquidity to Pool.
https://artio.bex.berachain.com/pool
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STEP 05: Trading: Open a position and close it immediately.
https://artio.berps.berachain.com
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STEP 06: Deposit any amount of $HONEY tokens in the Vault.
https://artio.berps.berachain.com/vault
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STEP 07: Borrow $HONEY on Bend.
https://artio.bend.berachain.com
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STEP 08: Claim BGT (Bera Governance Token) on Steps 4, 6, 7.
https://artio.bend.berachain.com/dashboard
STEP 09: Stake some of your $BGT.
https://artio.station.berachain.com
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STEP 10: Vote on proposals with your BGT.
https://artio.station.berachain.com/governance
Conclusion
In summary, participating in Berachain through these straightforward steps provides a clear path to earning rewards and gaining a deeper understanding of DeFi. The process is made more accessible and rewarding with the support of OriginStake, a trusted validator that enhances the staking experience. This guide not only highlights the potential benefits of active participation in Berachain but also underscores the value of professional validation services in maximizing returns and ensuring security in the blockchain ecosystem.
About OriginStake
Originstake is your professional and trusted validator that assists you in your staking activities. We provide full support services, a reward management dashboard, rewards sharing, and much more!
With Originstake, staking is safe, profitable, and extremely cost-effective!