I’ve received many DMs asking:

“Why won’t the Berachain hype die down in 6 months like every other chain?”

“Other VC backed chains have new token models too, why will Berachain’s work? Much less be sustainable?”

"Why is this anything more than a cyclical meme chain"

A 🧵 1/ Misconception #1: Berachain is only a meme chain with weak tech

Yes Berachain's memes and community are next level. Just take one good look at @SmokeyTheBera and @deepname99 and you may be fooled into thinking Berachain is merely some bear-themed degen chaos

1/ Wanted to write up a quick explanation of @Berachain’s Proof of Liquidity (PoL) and why its the most elegant crypto-economic system the crypto space has ever seen. Imo it’s the primary catalyst to make Berachain a multi $B chain so it's worth understanding (probably). A 🧵 2/ Berachain follows a Tri-Token model:

$BERA: is the network token aka “gas token”

$BGT: is the chain’s governance token

$HONEY: is the native stablecoin pegged to 1 USDC

The design of system is incredibly utilitarian, solving the major problems associated w PoS chains

1/ As someone who’s spent 5+ years as a blockchain dev and even longer as a degen, @berachain is undoubtedly the most significant opportunity I’ve ever seen and it’s not close. Here’s my thesis around their combination of tech, culture and PMF. A thread 🧵 2/ For the uninitiated, Berachain is an EVM compatible L1 built on the Cosmos SDK. Traditional PoS -> PoL which allows for the reutilization of staked assets to provide liquidity where validators stake weight is tied to the amount of liquidity they provide