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Description
Berachain represents a groundbreaking Layer-1 blockchain that combines compatibility with the Ethereum Virtual Machine (EVM) and a distinctive Proof-of-Liquidity (PoL) consensus mechanism. This innovative strategy fortifies network security by encouraging participants to provide liquidity, enabling them to earn governance tokens through their proactive involvement in the community. Leveraging the modular BeaconKit framework, Berachain guarantees both scalability and smooth interoperability with existing applications built on Ethereum. The ecosystem is structured around a tri-token model that includes BERA as the utility token, HONEY serving as the stablecoin, and BGT functioning as the governance token, with each playing a specific role to create a harmonious and efficient environment. As it currently undergoes testing in its testnet phase, Berachain is expected to unveil its mainnet by the close of 2024, with the goal of establishing a high-performance platform centered on liquidity for decentralized finance (DeFi) projects. This promising blockchain has the potential to reshape how liquidity is utilized within the DeFi landscape.
Description
GAYA Blockchain represents the first Layer-1 blockchain in the UAE, designed to integrate gaming, social interactions, decentralized finance (DeFi), non-fungible tokens (NFTs), and real-world assets into a single environmentally friendly platform. It operates on a Proof-of-Stake consensus model and is compatible with the Ethereum Virtual Machine (EVM), which allows developers to create smart contracts and utilize common development tools. Its innovative architecture features a “Cell-As-A-Service (CAAS)” data structure that facilitates efficient data serialization and distribution. The Gaya Wallet acts as a multichain, non-custodial access point to the broader ecosystem, providing options for fiat transactions, in-app trading, staking opportunities, and a gamified experience with an XP system that incentivizes user participation and could enhance eligibility for airdrops. The native utility token, GAYA, is utilized for various purposes including transaction fees, staking rewards, governance within a decentralized autonomous organization (DAO), incentives for ecosystem growth, and transactions within apps. Additionally, the economic framework incorporates a dynamic gas pricing model with partial fee burns to create deflationary effects, along with a well-planned tokenomics strategy that includes vesting schedules to ensure stability and sustainability in the blockchain's growth. This thoughtful design aims to foster a vibrant community and promote long-term engagement within the platform.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
Free
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Berachain
Founded
2021
Website
www.berachain.com
Vendor Details
Company Name
Gaya Blockchain
Founded
2024
Country
United Arab Emirates
Website
gayablockchain.io