$BERA

$WBERA: 0x6969696969696969696969696969696969696969

$BERA serves as the native gas and staking token of Berachain, the first blockchain powered by Proof-of-Liquidity.

Role of BERA

The $BERA token serves two main purposes on the Berachain network:

Transaction Fees

$BERA is used to pay for transactions on the Berachain network (hence its designation as the "gas token"). Tokens used for transaction fees are burned, removing them from the circulating supply.

Validator Staking

Validators stake $BERA to operate a validator. Within the active set, the more $BERA a validator has staked, the more frequently they are chosen to propose blocks. A validator's probability of block production is directly proportional to their share of the total staked $BERA. The economic value of all staked $BERA tokens forms the economic security of the chain, with $BGT dynamics controlling its inflation.

To learn more about how $BERA staking affects block production and emissions, see Block Production.