Berachain Airdrop: One of the Biggest Meme-Fueled Event

Berachain has an origin story rooted in crypto culture and memes. It began as an NFT collection called “Bong Bears” - 100 hand-drawn cannabis-themed bears. It’s worth noting that these non-fungible tokens really came to prove their worth with the Berachain airdrop, but we’ll get into that later.

Now, the creators of Bong Bears, known by pseudonyms “Papa Bear”, “Smokey the Bera”, and “Dev Bear”, did a good job building a community by identifying gaps in how existing blockchains aligned liquidity incentives. This led to the concept of a Proof-of-Liquidity Consensus-powered chain.

The development ramped up in 2022 and attracted serious attention - much like BitDegree’s Season 7 Airdrop, which is currently offering a $30,000 prize pool, or Binance’s Megadrop feature that grants users early access to select Web3 projects before they are listed on the exchange.

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Check if You’re Qualified to Redeem BERA

Now, before you can claim the Berachain airdrop, you’ll need to check if you qualify and how much $BERA (if any) you can claim.

For this, Berachain released an official Airdrop Checker tool. There are two ways to use it:

• By Wallet Address. If you participated in testnet or Boyco with a given Ethereum/Berachain address (or you have NFTs in a wallet), you can simply enter that address on the checker. The tool will look at any allocations tied to that address and display how many BERA tokens you are eligible to claim.
• By Social Login. For categories like the social media airdrop or RFB recipients, the allocation was initially tied to an X (Twitter) handle or a Discord account rather than an on-chain address. In those cases, users can log in through the checker with their account to verify their identity.

Specifically for NFT holders, the checker was able to directly read Ethereum addresses holding the Bong Bears or other ecosystem non-fungible tokens via on-chain data. If you wanted to claim the rewards, one of the Berachain airdrop requirements for this specific case was that you needed to bridge those NFTs to Berachain. Nonetheless, the eligibility could be determined just by holding them at the snapshot.

Here is how the airdrop will be dispersed:

Table: Berachain airdrop's BERA token allocation

As you can see, the holders of Bong Bears NFTs and rebase collections (Bond Bears, Boo Bears, Baby Bears, Band Bears, and others) receive the most allocation, a 6.9% of the total 78,980,000 BERA tokens.

The 34,500,000 tokens allocated are split equally across each collection, with 25,000,000 of the tokens unlocked at launch and the remaining 9,500,000 vesting on the same schedule.

Lastly, you’re probably curious about what Berachain Airdrop and Binance have to do together. Well, apparently, as the team behind this campaign states:

The Chain with a Bear on it has a lot of respect for the chain with a big yellow B on it.

As a result, Berachain has allocated 10,000,000 BERA to be distributed amongst Binance’s HODLers as part of the subsequent listing process. The foundation expects to see many collaborations between them in the future. Perhaps there will even be a Berachain airdrop Binance campaign, though these are only speculations.

That said, I should also probably give you a Berachain airdrop update, as of the moment of writing, the campaign has ended. The campaign's date was from February 6, 2025, to March 20, 2025.

However, there’s an additional Bitget Wallet phase, which ends on April 2, 2025, so you still have chances to participate and claim the Berachain airdrop.

The prize for this second phase is a pool of $80,000 in BERA tokens. When it comes to Berachain airdrop requirements, you need to complete tasks such as staking, swapping, and wallet interactions.

How to Claim Berachain Airdrop Rewards

Even though the main campaign is over, there are still chances that a similar one will occur. Therefore, this Berachain airdrop guide, specifically on the claiming part, might prove useful.

That said, Berachain airdrop claiming was made to be simple and easy:

After the transaction is confirmed, you should see the BERA tokens in your wallet.

Timeline of Airdrop Events

Here is a table of the chronological Berachain airdrop dates and all of the events if you want to take a quicker and closer look:

Table: Chronological Berachain airdrop dates

The team responsible for Berachain also monitored everything for issues throughout the whole of February. On launch day, the official Discord channel even had a dedicated support channel for help.

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The Story Behind Berachain Airdrop

For anyone interested in how Berachain airdrop came to be, as I’ve noted at the beginning as the community grew (which is actually jokingly called a “cult”), the founders, Papa Bear, Smokey the Bera, and Dev Bear, saw an opportunity to build something bigger and its development ramped up in 2022.

By April 2023, the team had raised $42 million in a token sale led by Polychain Capital. Then, in 2024, Berachain raised another $100 million, this time led by Framework Ventures and Brevan Howard’s crypto arm, with participation from Polychain, Hack VC, Samsung Next, and other major investors.

Impressively, they set a tongue-in-cheek valuation of around $420 million for an earlier round, underscoring their meme heritage even amid serious funding after multiple public testnets that garnered significant usage.

In February, Berachain Foundation was formally announced, serving as one of the final steps in the launch sequence for the BERA token, and its distribution included an airdrop of 15.75% to the community members, applications, liquidity providers, and more as recognition of their contributions to an incredibly robust pre-launch ecosystem.

One of the main reasons why Berachain stands out so much is because of its adoption of the Proof-of-Liquidity consensus mechanism.

Compared to the standard Proof-of-Stake models, it not only enhances network security but also actively rewards liquidity providers.^[1]

Moreover, the ecosystem is very dynamic and resilient due to its three-token model (BERA, BGT, and HONEY). The tokens are designed to balance transaction fees, governance, and stability.

Ecosystem and Tokenomics

Chances are, even though the airdrop for Berachain’s tokens has ended, you’re still interested in the ecosystem and tokenomics aspects. In addition, there’s always a chance that there will be a similar campaign in the future, so knowing what to expect is always worth it.

Berachain’s Ecosystem

Enough dilly-dallying, let’s get into the details. Berachain launched with a robust in-house DeFi stack to ensure day-one utility for users. Key native applications include:

• BEX. A built-in decentralized exchange (AMM) for token swaps. BEX provides deep liquidity with low fees, and liquidity providers on BEX earn rewards in BGT (the governance token) for their contributions. This is to be expected, considering that it runs with the LoP consensus mechanism.
• BEND. A lending and borrowing platform where users can lend assets or borrow against collateral, with loans denominated in HONEY (Berachain’s stablecoin). BEND aims to offer competitive rates while leveraging the chain’s liquidity-rich environment.
• BERP. A native perpetual futures trading platform for derivatives on Berachain. BERP allows leveraged trading with efficient capital usage, again tapping into PoL liquidity for deep markets.

Together, these native applications create a core DeFi trilogy on Berachain where AMM trading, lending, and derivatives are available without leaving the ecosystem. There’s also a growing number of third-party projects being built on Berachain.

If one word describes Berachain’s community, it’s “energized”. From its meme-laden beginnings, the project attracted a large following of both crypto enthusiasts and DeFi veterans. By mainnet launch, Berachain’s official X (Twitter) account had over 950,000 followers, and the Discord server swelled to 455,000+ members.

This hype was fueled by clever marketing (inside jokes like the “bear market” theme and references to being perpetually “high” on building), and by the genuine enthusiasm of early adopters who saw Berachain as a fun but disruptive experiment.

Berachain’s Tokenomics

When it comes to tokenomics, unlike most blockchains that rely on a single native token, Berachain uses a three-token model to separate different functions. To be more specific, BERA, BGT, and HONEY, each with distinct utilities:

• BERA. It is the primary token of Berachain and serves as the gas token for paying transaction fees. When you make a transaction or interact with a smart contract on Berachain, fees are paid in BERA, similar to how ETH is used on Ethereum.
• BGT. The governance and reward token. It’s a non-transferable asset earned as a reward for providing liquidity and securing the network. As you can imagine, you can’t buy or send BGT to others. This token can be burned at a 1:1 rate to mint BERA.
• HONEY. Berachain’s native stablecoin, meant to serve as a stable medium of exchange within the ecosystem. It is loosely pegged to USD and is collateralized by user deposits. You can mint HONEY by depositing approved collateral assets into a vault.

This tri-token model is designed to avoid the pitfalls of single-token economies. In many L1s, one token has to serve as gas, governance, staking, and sometimes stable value, which can create conflicts.

For instance, if you were to use a volatile token for fees, it could make transaction costs unpredictable, or if you were to use the same token for staking and liquidity, it could reduce the circulating supply too much.^[2]

The point of assigning each role to a specialized token is to keep fees low and predictable since BERA inflation and HONEY provide a plentiful supply for transactions, maintaining high liquidity, as you don’t have to lock BERA exclusively.

As a result, you can provide liquidity and still secure the network, this way ensuring effective governance by actual participants because only those who contribute earn BGT votes.

Regarding token distribution and supply, at genesis, 500,000,000 BERA were minted and allocated to various stakeholders per a predefined distribution. According to Berachain’s tokenomics, the allocation is as follows:

• Community (Airdrop & Ecosystem): 48.9% - Nearly half of the tokens are designated for community and ecosystem development. This includes the current airdrop. Berachain distributed 15.8% of tokens at launch to early users and supporters, and an additional 13.1% was earmarked for future community initiatives like grants and incentives for developers.
• Investors: 34.3% - Just over one-third of the supply was allocated to Seed, Series A, and Series B investors who funded the project.
• Core Contributors: 16.8% - About one-sixth of the supply is allocated to the founding team, developers, and project advisors who built Berachain.

All these tokens (outside of the public airdrop portion) are subject to a vesting schedule to ensure gradual release rather than instant liquidity.

Berachain has uniform vesting for all parties: a 1-year cliff when no tokens are released after launch, then 1/6th unlock at that cliff, followed by linear vesting of the remaining 5/6 over the next 24 months.

A great example of this is my previously mentioned Bong Bears NFT holders, who only got a portion of their allocation immediately and will receive the rest over time.

Alternative Airdrop

Because, at the moment of writing, the current Berachain airdrop has ended (it’s unclear if there will be another one), it may be worth checking out another currently happening airdrop.

BitDegree’s Season 7 Airdrop

You might’ve heard that BitDegree is running a pretty great Airdrop with various mini prizes to keep you on the edge of your seat. To get straight to the point, the main Prize Pool consists of $30,000.

If you want to participate, there are a few rules you should know:

• Collect as many Bits as possible during this Season.
• When the Season ends, your collected Bits will be converted into your stake in the Prize Pool.
• The Season end date is 04/30/2025.
• Once you reach 10,000 Bits during Season 7, you're instantly opted into the Airdrop.
• For withdrawal, you’ll need a Binance or Kraken wallet address.

Now, you might wonder, “What are Bits?” and “How do I get them?” Well, they’re in-game points you earn by completing Missions, referring friends, and keeping your Streak active.

Let’s start from the top. Missions are a fun, gamified learning experience where players complete various quizzes, social actions, and video tasks - and in return, earn Bits. Occasionally, some Missions even offer rewards or prizes like USDC, hardware wallets, or merchandise.

📚 Read More: What are Bits?

Another way to earn Bits is by referring friends. For each person you invite, you earn 1,200 Bits - and to make sure your friend isn’t left out, BitDegree also gives them 400 Bits. There’s even a tiered Monthly Bonus system: the more friends you refer, the bigger the bonuses you’ll receive. For instance, if you refer 50 people in a month, you’ll earn an extra 3,000 Bits.

Additionally, by completing at least one round per day, you build your Streak and earn more in-game points. Keep it going for seven days, and you’ll receive a special Bonus. There’s also a friendly safeguard: if you miss a day, you’re protected by Break Protection, which keeps your Streak safe for up to three days. You can restore this free out-of-jail card by completing a Mission.

As for the aforementioned mini-prizes - did I catch your attention? So far, there have been two micro-prize drops. For example, BYDFi awarded 3 winners with 100 USDC, 10 with 50 USDC, and 20 with 10 USDC.

All micro prize winners are selected via a Lucky Draw, based on the number of Bits accumulated during the Airdrop Season. At the time of writing, there’s an upcoming dYdX prize drop with the same rewards - but it ends on April 7th, so if you want in, go grind those Bits.

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Binance Megadrop

Binance Megadrop represents a new approach to early-stage token distribution within the Binance ecosystem. Much like the carefully planned airdrop campaigns discussed earlier, this feature is designed to reward active participation and give users first access to promising Web3 projects - often before they appear on the exchange.

Here’s how it works:

• Lock Up Your BNB. Begin by subscribing to a fixed-term product on Binance Simple Earn. By locking your BNB, you not only earn interest but also accumulate points toward Megadrop eligibility.
• Complete Web3 Tasks. Participation goes beyond just locking funds. Users may be asked to perform specific Web3 tasks that help verify activity within the ecosystem. These tasks vary from project to project, but they generally focus on demonstrating user engagement.
• Track Your Points. As you lock your BNB and complete tasks, your point tally increases. Once you hit the required threshold, you become eligible for early token allocations from new projects. Notifications and guidelines on how to claim your tokens are provided through the platform.

Binance Megadrop is structured to mirror the broader philosophy of rewarding community participation. It incentivizes users to commit their assets and engage actively, ensuring that early adopters have a direct role in supporting emerging projects.

While details such as specific point thresholds or task requirements may vary, the overall goal remains the same: to foster a more dynamic and engaged user base while opening the door to early-stage opportunities in the evolving Web3 space.

This model not only streamlines the process of accessing new tokens but also reinforces the value of active involvement within the Binance ecosystem. Just as with other airdrop campaigns, careful planning and community support are at the heart of Binance Megadrop, paving the way for a more participatory and transparent token launch experience.

📚 Read More: Free Crypto Airdrops in 2025

What are the Key Considerations With Airdrops?

Whenever there’s a large-scale airdrop, scammers try to take advantage. Therefore, it’s important to keep in mind and use best practices for security during airdrops. Here are some of the most crucial ones:

• Use Only Official Links. Phishing sites might mimic the look of the airdrop’s website and claim to handle the campaign in order to steal private keys or trick users into signing malicious transactions. Always double-check the domain spelling and, ideally, navigate from official announcements.
• Never Give Your Private Keys or Seed Phrase. No airdrop campaign will ever ask you for your seed phrase - not for claiming an airdrop or anything else. Any such request is a very big red flag. The airdrop claim process usually only requires a normal wallet connection and transaction approval.
• Impostor Tokens. For instance, when a token launches, opportunists might create a fake one with similar names on other chains (or even on the same one if possible). If you trade the token on DEXs, ensure it’s the correct contract. It’s recommended to use official token contract addresses.

• Credibility. Always check the project’s credibility before joining an airdrop. Unverified teams or suspicious tokenomics could raise risks and hamper the future value or liquidity of your allocated tokens.
• Token Distribution. Study token distribution and vesting schedules before claiming. Uneven allocations or sudden unlocks can cause price volatility, making it crucial to understand how and when tokens become tradable.
• Deadlines. Stay updated on any claim deadlines. Some airdrops offer tokens for a limited time, and missing the window can mean forfeiting potential earnings or future governance rights within the project’s ecosystem.

There you have it. These are some of the most important factors you should consider before investing in airdrops.

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Conclusions

Overall, the Berachain airdrop highlights the fascination with projects bridging playful culture and DeFi. Although the main campaign is over, its success cements Berachain’s reputation, proving that ecosystems can thrive when backed by passionate communities.

For future opportunities, monitor similar campaigns, since many projects plan fresh incentives for early supporters. Thoroughly review eligibility details and safeguard your digital assets, remaining vigilant against scams when pursuing new tokens.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. Lashkari B., Musilek P.: 'A Comprehensive Review of Blockchain Consensus Mechanisms';

2. Caton L. J.: 'Cryptoliquidity: the blockchain and monetary stability'.