🐻 Would you like to use Berachain but you don't understand "Proof Of Liquidity"? This is a short survival guide because I already made a complete thread about Berachain in the past!

✅Main assets:
$BERA=Gas Token.
$BGT=Non-transferable Governance Token (it is farmed by LP but you cannot sell it on the market, however it is redeemable for $BERA 1:1; the redeem is irreversible and leads to $BGT burning).

✅Other versions:
$wBERA=Wrapped BERA.
$iBERA (Infrared BERA)=Liquid Token 1:1 with $BERA.
$iBGT (Infrared BGT)=Liquid Staking Token 1:1 with $BGT ($iBGT can be bought/sold, unlike $BGT).

✅Stablecoin:
$BYUSD (Paypal stablecoin $PYUSD).
$USDC.E (bridged version of $USDC).
$HONEY (backed by $BYUSD and $USDC).

You provide liquidity (LP) and earn $BGT that you can stake for Governance/Bribes. $BGT in staking provides income in $HONEY (stablecoin) and other assets. If you use Infrared, you will farm $iBGT (which you can sell or transfer). Then there are other emissions based on the platform you use.