# Berachain > An EVM-identical L1 aligning security and liquidity powered by Proof Of Liquidity Berachain is a blockchain platform for deploying Ethereum-compatible applications using a new consensus model based on liquidity. Berachain is a blockchain platform for building and running Ethereum-compatible applications. Users can deploy smart contracts, access decentralized finance tools, and participate in governance. The platform uses a consensus model that links network participation to liquidity, aiming to align infrastructure security with ecosystem activity. - Type: Network - Sector: Blockchain Platforms - Status: Active - Founded: 2021-01-01 - Profile: https://thegrid.id/profiles/berachain ## Products - [BEX](https://thegrid.id/profiles/berachain): BEX implements automated market making through constant product pools, enabling token swaps and liquidity provision. The system integrates with Berachain's reward vaults while distributing BGT emissions to liquidity providers. (Decentralised Exchange, Live) - [Berachain Network](https://thegrid.id/profiles/berachain): Berachain Network implements EVM-identical execution through BeaconKit consensus layer, enabling single-slot finality and Proof-of-Liquidity validation. The system coordinates validator incentives with liquidity provision while maintaining full Ethereum compatibility. (L1, Live, Main Product) - [BeaconKit](https://thegrid.id/profiles/berachain): BeaconKit implements modular consensus infrastructure through CometBFT integration, enabling EVM-identical blockchain development with customizable validation. The system provides single-slot finality while supporting alternative consensus mechanisms. (Developer Tooling, Live) ## Assets - [Bera (BERA)](https://thegrid.id/profiles/berachain): BERA is the native token of Berachain Network. It is used to pay for transaction fees and to stake for network security and validation. The network implements a Proof-of-Liquidity consensus mechanism that aligns validator incentives with liquidity provision, requiring validators to direct protocol rewards toward liquidity pools rather than relying solely on token ownership for network participation. (Native) - [Bera Governance Token (BGT)](https://thegrid.id/profiles/berachain): BGT is the governance token of Berachain Network. It is used to vote on governance proposals and to boost validators, increasing their block rewards and the incentives returned to BGT holders who boosted them. The token is soulbound and cannot be transferred, only earned through Reward Vaults, and can be redeemed 1:1 for BERA. (Governance) - [Honey (HONEY)](https://thegrid.id/profiles/berachain): HONEY is a USD-pegged stablecoin native to the Berachain network. It is minted by depositing whitelisted collateral into vaults, with mint and redeem parameters set by BGT governance. Collateral is held in separate vaults, allowing BGT governance to pause or reprice individual vaults without freezing the entire system if a custodian changes terms or a bridge raises concerns. (Stablecoin) - [Wrapped Bera (WBERA)](https://thegrid.id/profiles/berachain): WBERA is an ERC20-wrapped version of the native BERA token on Berachain. It is used in smart contracts that require ERC20 token standards, allowing users to deposit BERA to receive WBERA and withdraw BERA by burning WBERA. The contract automatically wraps deposited BERA into WBERA, enabling seamless integration with decentralized applications that expect standardized token interfaces. (Wrapped Tokens) ## Links - [Main](https://www.berachain.com) - [Documentation](https://docs.berachain.com) - [Blog](https://blog.berachain.com) - [Whitepaper](https://honeypaper.berachain.com/The_Honeypaper.pdf) - [Twitter / X](https://x.com/berachain) - [Discord](https://discord.com/invite/berachain) - [Telegram](https://t.me/BerachainPortal) - [GitHub](https://github.com/berachain) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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