Framework Ventures Co-founder: Berachain mainnet will launch by the end of the year

ChainCatcher news, Framework Ventures co-founder Vance Spencer stated at Token 2049 in Singapore that the Berachain mainnet and token are scheduled to launch by the end of 2024.

Spencer believes that Berachain's POL consensus mechanism can introduce a fully aligned blockchain ecosystem by redirecting a portion of profits back to ecosystem participants: when users stake BERA, they must direct the liquidity earned towards these primitives. This way, all fees remain within the ecosystem. They all flow to BGT and BERA holders, which is what the market craves.

It is reported that on April 12 of this year, the new public chain Berachain announced the completion of a $100 million Series B funding round, co-led by the Abu Dhabi branch of Brevan Howard Digital and Framework Ventures, with participation from Polychain Capital, Hack VC, and Tribe Capital.