[SIP-39] Symbiosis X Berachain: Swarming Liquidity into the Cross-Chain Hive

Voting ended 12 months agoSucceeded

Context

Berachain is an EVM-Identical Layer 1 blockchain that utilizes a unique Proof-of-Liquidity (PoL) consensus mechanism and is built on the Cosmos SDK. It is designed to optimize liquidity utilization while maintaining full compatibility with Ethereum's execution environment.

Key Features:

EVM-Identical Execution – Fully mirrors the Ethereum Virtual Machine (EVM), ensuring compatibility with all Ethereum dApps, RPC endpoints, and network upgrades.
Tri-Token System – The network operates with three distinct tokens: BERA – The primary transaction and fee token. BGT – The governance token distributed to liquidity providers. HONEY – A stablecoin used for collateral-backed transactions.
BeaconKit Framework – A modular EVM-focused consensus client developed by Berachain, integrating CometBFT for features like single-slot finality (SSF) and enhanced composability.
DeFi-Centric Design – Liquidity staking ensures that assets remain liquid and usable while still securing the network.

Originally emerging as an NFT project (Bong Bears), Berachain has since evolved into a full-scale blockchain ecosystem.

The Berachain mainnet is set to launch on February 6, 2025.

Proposal

Enable support for Berachain within the Symbiosis protocol. The integration includes the following steps:
Deploying and tuning Symbiosis contracts on Berachain to ensure smooth operation.
Adding tokens for Berachain in the Symbiosis AMM DEX on the host chain: WETH.
Leveraging existing DEXs on Berachain to enable on-chain routing.
Activating the Symbiosis relayers network to work with the new blockchain.

Key Points

The launch of Berachain mainnet is expected to generate high community engagement and liquidity flow, making early integration into Symbiosis strategically valuable.
Proof-of-Liquidity (PoL) introduces a new paradigm for blockchain networks. This model could reshape how DeFi protocols interact with staking and yield generation.
EVM compatibility ensures straightforward integration into Symbiosis, enabling immediate cross-chain functionality and expanding token swap options for users.

Off-Chain Vote

Yes

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Timeline

Feb 05, 2025Proposal created

Feb 05, 2025Proposal vote started

Feb 06, 2025Proposal vote ended

Feb 06, 2025Proposal updated

Context

Key Features:

EVM-Identical Execution – Fully mirrors the Ethereum Virtual Machine (EVM), ensuring compatibility with all Ethereum dApps, RPC endpoints, and network upgrades.

Tri-Token System – The network operates with three distinct tokens: BERA – The primary transaction and fee token. BGT – The governance token distributed to liquidity providers. HONEY – A stablecoin used for collateral-backed transactions.

BeaconKit Framework – A modular EVM-focused consensus client developed by Berachain, integrating CometBFT for features like single-slot finality (SSF) and enhanced composability.

DeFi-Centric Design – Liquidity staking ensures that assets remain liquid and usable while still securing the network.

Originally emerging as an NFT project (Bong Bears), Berachain has since evolved into a full-scale blockchain ecosystem.

The Berachain mainnet is set to launch on February 6, 2025.

Proposal

Enable support for Berachain within the Symbiosis protocol. The integration includes the following steps:

Deploying and tuning Symbiosis contracts on Berachain to ensure smooth operation.

Adding tokens for Berachain in the Symbiosis AMM DEX on the host chain: WETH.

Leveraging existing DEXs on Berachain to enable on-chain routing.

Activating the Symbiosis relayers network to work with the new blockchain.

Key Points

The launch of Berachain mainnet is expected to generate high community engagement and liquidity flow, making early integration into Symbiosis strategically valuable.

Proof-of-Liquidity (PoL) introduces a new paradigm for blockchain networks. This model could reshape how DeFi protocols interact with staking and yield generation.

EVM compatibility ensures straightforward integration into Symbiosis, enabling immediate cross-chain functionality and expanding token swap options for users.