Berachain Controversy as Co-Founder Sells BERA Tokens | Airdrop Alert Pro

The Berachain community has been worried about the project’s preference for private investors just days after its mainnet launch and Airdrop. There are allegations about the network’s chief developer changing a large number of air-conditioning Bera tokens.

But, despite this, Berasin does have the opportunity to rebuild public trust. If the proof of its liquidity system is implemented and started operation, it will be a real new project.

Berachain developer’s suspicious decision

Berachain, new layer 1 blockchain networkcreated significant participation in the cryptocurrency space thanks to last week’s gas disk and mainnet releases. Although the company has a new network with a unique “proof of liquidity” mechanism, its marketing and hype are evocative.

Its pre-launch liquidity platform Attracted $2.3 billion in deposits. Berachain also started One of the largest gas and water Mainnet will be launched this year on February 6. Its BERA token also immediately received binance listing after TGE, as well as other major exchanges.

But trouble keeps brewing. When the airflow occurs, the user complain The farmers on that testnet received a trivial reward of bera tokens.

Berachain’s blockchain is designed as a standalone system with three tokens: Bera, Bgt and Honey, which have different functions. However, by placing and burning different tokens, users can take advantage of the system.

“Wait, so all the huge insiders of Berain have locked Bella tokens that can put Bera on Bera, burn BGT, burn BGT for Bera, and then dump? Please tell me it’s not true. It’s almost a crime,” a user Write After Bella Symbolism It was revealed last week.

Ericonomic is an observer of the Berachain blockchain ecosystem, compiled Wire Emerging concerns. Essentially, more than 35% of the BERA token supply is used for private investors, inflation Much higher than most projects.

Additionally, private investors can benefit Bera to win liquid rewards that can be easily discarded. Also worried about a potential core developer abandoning his Bera token.

“The co-founder (Devbear) is selling tokens from one of his doxx addresses. He got about 200,000 Bellas from the gas disk (which is a very bad thing because he or the core designed the airdrop), and then He exchanged some of these tokens for WBTCeth, byusd, etc.,” Ericonomic claimed.

Until recently, Berachain developers revealed the nature of their blockchain pile plans. Furthermore, despite their claim that Berachain’s core product will be a proof of liquidity, it has not been achieved yet.

Therefore, all of these factors really put Bera’s long-term sustainability to question. It may end up being as volatile as a non-unique meme coin.

“I have been seeing Berachain in a place full of fresh air scamsomething with its own culture and good morals, I won’t lie – I feel a little sad to see this “bad” launch and “dark” stuff. But in the end, if the builders continue to work over the past few years, Bellasin will succeed and become the best place to surrender so far. ” Ericonomic wrote.

Bella symbolizes keep struggling

Once the air disk occurs, Bella’s price begins to drop like a rock. It is down 50% from 50% after the date peak launch, and Keep struggling the next day.

On the surface, Berachain is trying a new type of blockchain project, but community confidence is shaken and the crisis is reflected in its valuation.

Nevertheless, despite these shocking trends, community members’ forecasts are not entirely bearish. There is still a lot of optimism about the proof of liquidity (POL) mechanism. The network has important developer support.

Therefore, if POL is implemented and the development community remains committed to leveraging novel buildings, then Bellasin may overcome these challenges in the long run.