Framework Ventures co-founder: Berachain mainnet will be launched before the end of the year, or challenge Solana and Ethereum's dominance

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MarsBit
09-18
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According to Mars Finance, Vance Spencer, co-founder of Framework Ventures, said at Token 2049 in Singapore that the Berachain mainnet and tokens are scheduled to be launched by the end of 2024. Berachain's POL consensus mechanism can introduce a fully consistent blockchain ecosystem by transferring part of the profits back to ecosystem participants: "When users stake BERA, they must direct the liquidity they obtain to these primitives. In this way, all fees remain in the ecosystem. They all flow to BGT and BERA holders, which is what the market desires." It is worth noting that on April 12, the new public chain Berachain announced the completion of a $100 million Series B financing, which is about 45% higher than the previously reported amount. This round of financing was jointly led by Brevan Howard Digital's Abu Dhabi branch and Framework Ventures, with participation from Polychain Capital, Hack VC and Tribe Capital.

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