# Getting Ready for Berachain

*Author: Bankless*
*Published: Jan 15, 2025*
*Source: https://www.bankless.com/read/get-ready-for-berachain*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/Frame-50572--5-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/berachain-mainnet-2&email=true)

  

Getting Ready for Berachain  

  
  Published on Jan 15, 2025

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Uniswap Labs**](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/berachain-mainnet-2&email=true) — Uniswap Labs launched a $15.5 million bug bounty to help secure V4.

[Learn More](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/berachain-mainnet-2&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
SEC Overhaul
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/Group-14---2025-01-15T152604.711.png)](https://www.bankless.com/dashboard)- 🇺🇸** Trump SEC Planning Crypto Regulation Overhaul.** Commissioners Hester Peirce and Mark Uyeda are planning to explore freezing crypto enforcement actions not involving fraud, [Reuters](https://www.reuters.com/world/us/trumps-new-sec-leadership-poised-kick-start-crypto-overhaul-sources-say-2025-01-15/) reports.
- **💰** **DOJ Says $9B in BTC Should Be Returned to Bitfinex. **Over $9B in bitcoin recovered from the Bitfinex hack should be returned to the exchange, [the DOJ said Tuesday](https://www.courtlistener.com/docket/67625365/202/united-states-v-lichtenstein/).
- **💸 Rep. Tom Emmer is Vice Chair of Digital Assets Committee. **The past Bankless guest [will lead the congressional committee](https://www.theblock.co/post/334687/tom-emmer-digital-assets-subcommittee) alongside Rep. French Hill.
📸**Daily Market Snapshot: **Bitcoin broke above $100K as crypto markets surged on news that Trump's SEC could freeze existing lawsuits against crypto companies and tackle overhauling crypto regulation immediately after his inauguration.

Prices as of 3pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.51T
       

  
    
    ↗ 5.0%
    
  

   
    
    ↗ 6.7%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $100,203
       

  
    
    ↗ 3.6%
    
  

   
    
    ↗ 6.4%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,456
       

  
    
    ↗ 7.3%
    
  

   
    
    ↗ 5.2%  

 

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ANALYSIS

  
  

How to Get Ready for Berachain
  
  
   
     
     Bankless Authors: 
     
       [
       
      Jack Inabinet](https://www.bankless.com/author/jack) & [
       
      Kazu Umemoto](https://www.bankless.com/author/kazu)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/image---2025-01-15T150854.578.png)](https://www.bankless.com/read/berachain-mainnet-2)What originally started as a small team of anons selling NFTs to their friends has evolved into one of the most hyped L1 projects of the year. Berachain is an EVM-compatible L1 that [raised](https://www.theblock.co/post/288066/layer-1-blockchain-developer-berachain-raises-100-million-in-series-b-funding) $100M in 2024, and its mainnet launch is rumored to be imminent.

Unlike contemporary Proof-of-Stake (PoS) blockchain designs – which limit staking to native assets (i.e., ETH or SOL) – Berachain’s novel Proof-of-Liquidity (PoL) consensus mechanism provides stakers the ability to use virtually any asset of value to secure the network, from stablecoins to AMM liquidity provider positions to lending market deposits.

By aligning network token incentives with the financial interests of DeFi users, Berachain aspires to achieve a self-reinforcing growth cycle that will foster market-leading liquidity and yield opportunities, positioning it as a dominant force among Layer 1 blockchains!

*Interested in being part of the journey pre-mainnet? Here's your guide to gaining exposure to the Berachain opportunity. 👇*

[Read on Bankless.com](https://www.bankless.com/read/berachain-mainnet-2)
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