$BERA
The $BERA
token serves two main purposes on the Berachain network:
Paying for transactions on the blockchain (
$BERA
also referred to as the "gas token")Staking for activating validator nodes
Validators have to 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. The economic value of all$BERA
tokens staked forms the economic security of the chain, with$BGT
dynamics controlling its inflation.
To learn more about how $BERA
staking affects block production and emissions, see Block Production.