Berachain is an EVM-compatible layer 1 blockchain built using the Cosmos SDK and secured by the innovative Proof-of-Liquidity consensus mechanism. It features three native tokens: BERA for gas fees, HONEY as a stablecoin, and BGT for governance. The project has raised $42 million from prominent investors like Polychain Capital and aims to launch in 2024, with its testnet currently live. Berachain offers unique opportunities for token farming, liquidity provision, and participation in decentralized governance.