Berachain mainnet launches on Bitget Wallet with airdrop rewards

Bitget Wallet has integrated the Berachain mainnet into their web3 non-custodial wallet and offers users extra rewards through the BERA airdrop.

According to the press release sent to crypto.news, starting from Feb. 6 to Feb. 10, eligible users will be able to claim the BERA airdrop to gain extra rewards from an additional reward pool. Through Bitget Wallet’s Discover page, users can verify their eligibility for the BERA airdrop based on previous interactions with the testnet.

Eligible users will be able to receive their allocated BERA tokens directly through the Bitget Wallet. Not only that, users can also claim additional rewards if they have previously accessed the Berachain ecosystem project DApps selected under the RFA Plan during the testnet phase.

The Berachain mainnet and its native token BERA made its global debut on various crypto exchanges on Feb. 6. At the time of writing, BERA has gone down by 5.3% in the past 24 hours, according to CoinGecko. In the past hour, it has risen slightly by 0.2%. BERA is currently trading hands at $7.54.

Since its launch on Feb. 6, BERA has accumulated a perpetual contract trading volume of around $5.6 billion in the past 24 hours, according to data from Coinglass. Upon launch, BERA started strong with a price of $15.50, but it has since plummeted more than half. The price currently stands at $7.50.

BERA’s trading volume has reached $2.2 billion in the last 24 hours, increasing by 2,338% compared to the previous day. Its market cap currently stands at $814 million.

According to the press release, Bitget Wallet plans to expand on its partnership with Berachain through potential incentive programs and cross-chain developments. COO of Bitget Wallet, Alvin Kan said the integration of Berachain’s mainnet into Bitget’s platform signifies “a leap in on-chain liquidity and user empowerment.”

“By incorporating Berachain’s capabilities, we aim to deliver a simplified user experience while driving the next wave of decentralized innovation for communities worldwide,” said Kan in a statement.

Berachain is an Ethereum (ETH) Virtual Machine-compatible framework which introduces a Proof of Liquidity mechanism that can adjust validator rewards to promote security, decentralization, and liquidity across DeFi applications. Initially entering the space as an NFT project called Bong Bears, Berachain has now evolved into a whole blockchain ecosystem with its own token.