Scandal! Berachain Airdrop Leaves Community in Uproar 😱

Oh, the drama! The Berachain team has released their much-anticipated BERA airdrops, and the community is in a tizzy. It seems not everyone is pleased with the distribution of tokens.

A Tale of Two Airdrops

The Berachain tokenomics and airdrop overview have left some participants feeling short-changed. While testnet users, Boyco depositors, and X and Discord commentators received a modest allotment, others, like Bong Bears NFT holders and Binance Coin (BNB) holders, were granted a more generous sum.

The Berachain Foundation, the network’s governing body, has allocated 1.65% BERA to testnet users, 2.35% BERA to Request for Broposal recipients, 2% to Boyco depositors, and 0.25% to X and Discord commentators. Meanwhile, holders of Berachain ecosystem NFTs received 0.25%, and Bong Bears NFT holders were granted 6.9%. Strategic partners and BNB holders were given 0.4% and 2% BERA, respectively.

With 15.75% of Berachain’s 500 million total supply allotted to the airdrop, one might think there’s enough to go around. However, the remaining tokens will be released according to a linear vesting schedule over the next three years.

A Community Divided

The Berachain community, once a unified front, now finds itself at odds. Some members are up in arms, claiming that testnet users, who have been with the network for years, received a paltry sum compared to Bong Bears NFT holders. Others are disappointed to have received no allotment at all, despite their consistent interaction with the protocol.

Amidst this chaos, the price of BERA has experienced a slight correction after its meteoric 1,346% rise to $14.46. At the time of writing, the token is trading at $7.36, according to CoinMarketCap.

And so, the Berachain ecosystem continues to evolve, with its three main tokens: BERA, BGT, and HONEY. BERA serves as the network’s native gas and staking token, BGT is used for governance and economic incentives, and HONEY is the chain’s native stablecoin.

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2025-02-07 14:50