Testnets present an excellent opportunity for newcomers in the crypto market to earn additional income without the need for capital investment. Many projects offer airdrops worth thousands of dollars. In this article, OriginStake will introduce and guide you on how to participate in the Berachain testnet, a unique Layer 1 blockchain developed on the Cosmos ecosystem with innovative models.
Overview of Berachain
Berachain is a Layer 1 Blockchain built on the Cosmos SDK platform, utilizing the Proof of Liquidity consensus mechanism. Additionally, Berachain integrates Polaris VM, allowing this Layer 1 blockchain to easily interface with EVM Smart Contracts while ensuring speed and interoperability with other blockchains in the Cosmos ecosystem.
On April 20, 2023, Berachain successfully raised $42 million in Series A funding, reaching a valuation of over $420 million. Investors such as Polychain Capital, Shima Capital, Tribe Capital, and Robot Ventures participated in this funding round.
Currently, Berachain has entered its testnet phase, recording impressive figures with 800K wallet addresses and over 11M transactions. It is expected that after the testnet phase concludes in Q2 2024, Berachain will proceed to mainnet and launch its token.
Discover: What is Berachain?
Reasons to Join Berachain Testnet
There are four compelling reasons to actively participate in this project:
- Built on Cosmos SDK Technology: The Cosmos SDK is widely used by many projects, ensuring compatibility and easy scalability within the blockchain ecosystem.
- Supported by Major Investment Funds: Berachain has raised significant funds and is backed by prominent investment funds, enhancing the project’s credibility and development potential.
- Simple and Free Tasks: Tasks on Berachain’s testnet are straightforward and completely free, allowing everyone to participate without financial risks.
- Potential Airdrops: Participating in the testnet may lead to opportunities to earn airdrops, providing additional incentives.
How to Join Berachain Testnet
Step 1: Add Berachain Network to Metamask
To get started, add the Berachain-Artio network to your Metamask wallet with the following parameters:
- Network name: Berachain-Artio
- New RPC URL: https://artio.rpc.berachain.com
- Chain ID: 80085
- Currency symbol: BERA
- Block explorer URL: https://testnet.beratrail.io
Step 2: Berachain Testnet Faucet
Visit: https://artio.faucet.berachain.com/ Paste your Metamask wallet address and claim (use VPN if an error occurs).
Step 3: Transactions on Berachain
Visit: https://artio.bex.berachain.com/ Swap BERA for STGUSDC and other tokens.
Step 4: Mint HONEY
Visit: https://artio.honey.berachain.com/. Use STGUSDC to mint Stablecoin HONEY.
Step 5: Use Other dApps in the Ecosystem
- Derivatives Trading on Berps:
- Visit: https://artio.berps.berachain.com/berpetuals
- Trade on Berps using HONEY.
- Borrowing and Lending through Bend:
- Visit: https://artio.bend.berachain.com/dashboard
- Send HONEY and borrow HONEY on Bend.
Step 6: Join Berachain’s Social Networks
- Join Berachain Discord: https://discord.gg/berachain
- Participate in Berachain’s Galxe and complete all tasks (quiz: CDDDA).
Conclusion
Participating in the Berachain testnet not only provides opportunities to earn income from airdrops but also expands your knowledge and experience in the blockchain world. With its innovative model and backing from reputable investment funds, Berachain promises to be a prominent project in the future. Start joining the testnet today to seize this attractive opportunity!
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