A rival of top altcoin ethereum (Ethics) See a price increase after suddenly received support from Binance, the world’s largest cryptout exchange platform by volume.
In a new announcement, Binance says It will add support for belechain (The), a Virtual Machine Ethereum (EVM) -Midentic warehouse-1 blockchain using a consensus mechanism (proof-of-liquidity (POL).
“Binance is pleased to announce that Berachain will be added to Binance Simple Earn,” Buy crypto, “Binance Convert, Binance Margin, Binance Auto-Invest and Binance Futures.”
A POL Consensus mechanism rewards validator to provide liquidity to a blockchain ecosystem rather than a traditional proof-of-stake) system, which stimulates staking symbols.
As abandoned On the official web page of Behain,
“Proof-of-likeness radically changes how the L1 economy is structured, prioritizes users and applications over validator rewards at the baseline.
Network incentives go against enriching ecosystem’s liquidity, contribute to efficient trade, price stability, secure the chain and increase the network/user growth. Pol strongly adapts the incentives for network participants (validers, protocols, users) and contributes to the chain’s overall long -term health. “
News about the extension sent Bera Flying, as the digital asset went from a February 5 -low of $ 7.85 to a top of $ 14.83 per day later, a win of 89%. Bera has since been recalled and shops for $ 9.22 at the time of writing.
Generated Picture: Midjourney
