Berachain 101: Everything You Need To Know | Founder Smokey The Bera
In this episode, we speak with Smokey the Bera, co-founder of Berachain, about the project’s newly launched mainnet and its innovative Proof of Liquidity model. The discussion unpacks Berachain’s unique three-way relationship between its app layer, validators, and a nontransferable governance token that reimagines traditional proof of stake systems. Smokey explores both the potential benefits and the challenges of this economic experiment as it seeks to reshape blockchain economics. We also spotlight our sponsor Morpho, whose cutting-edge integration of DeFi with traditional finance is driving new opportunities in the market.
------ 📣 MORPHO | GO-TO LENDING INFRASTRUCTURE https://bankless.cc/Morpho
------ BANKLESS SPONSOR TOOLS:
🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax
🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain
⚖️ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle
🌐CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo
🎮RONIN | THE FUTURE OF WEB3 GAMING https://bankless.cc/Ronin
------ TIMESTAMPS 00:00 Start 05:10 How Did Bera Come To Be? 09:43 Starting With Community 12:09 The Memetic Roadmap 14:43 Proof Of Liquidity 20:41 The Triangle Based Loop 33:26 Liquidity Provisioning 35:21 Discovering Equilibrium 38:28 How To Grow Market Share 43:53 Bera and Monad 47:13 Addressing Criticism 53:51 2025 Roadmap
------ RESOURCES
Smokey - https://x.com/smokeythebera
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
Building the Perfect Crypto Ecosystem in 2024 | Keone & Smokeythebera
In this episode, we dive deep into the world of Layer 1 ecosystems with the founders of Monad and Berachain. The conversation explores the intricacies of community building, brand development, and the challenges of attracting developers. Keone and Smokey share their strategies for ecosystem growth, discuss the importance of interoperability, and offer their vision for the future of decentralized applications. To close out we discuss the role of tokens in project development and the delicate balance between technical innovation and user adoption. Thanks for tuning in!
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The 6th edition of Meridian, a web3 conference hosted by the Stellar Development Foundation is happening in London, England October 15-17, 2024.
Learn more and get your early-bird priced tickets now at meridian.stellar.org by using the code BLOCKWORKSPOD.
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They create custom, expert teams to support founders with transformative strategy work.
If you’re a founder or a VC looking for support for your teams, head on over to RenaudPartners.com or give their co-founder Geoff a follow on x at https://x.com/ReoffGenaud
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Timestamps:
(00:00) Introduction
(02:19) Community & Culture of L1s
(09:55) Ecosystem Exclusivity
(13:33) Risk of Mercenary Devs
(21:21) Founder Brand Building
(27:51) Advice to App Builders
(32:49) Differentiation in L1 Space
(38:18) Crypto BD Today
(46:09) Stellar Ad
(47:00) Invisible North Ad
(47:54) MyPrize
(48:31) Harpie Ad
(49:45) Future of Eco Apps
(58:28) Role of Interop
(01:03:12) What is App Success?
(01:07:28) Monad & Berachain Competitors
(01:19:28) Price & Tokens
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
Meet Berachain: a new Layer 1 born from a community built around bear NFTs
Smokey the Bera is the pseudonymous co-founder of Berachain — a Layer 1 network that raised $100 million in a Series B back in April.
In this episode, Chaparro and Smokey discuss how memetics influences community building, and unpack Berachain's innovative 'proof of liquidity' consensus, where users earn governance tokens by contributing liquidity to the ecosystem.
OUTLINE
00:00 Introduction
04:42 Berachain Conception
14:08 Ecosystem 'Politics'
15:58 The Power of Memetics
20:31 Tri-Token Model
27:43 Layer-1 "BD War"
32:39 Smokey's Inspiration
35:02 Aligning Incentives
39:17 Identifying Passion
42:49 Berachain Roadmap
This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network
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Crypto's Next Layer 1 With Smokey The Bera | 1000x
This week, we invite Smokey The Bera to the show for a discussion on one of crypto's most anticipated Layer 1's... Berachain. We deep dive into building through the bear market, infra vs apps, proof of liquidity & much more. Enjoy!
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Social: https://x.com/perenniallabs
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--
Timestamps:
(0:00) Introduction
(2:46) The Berachain Origin Story
(9:58) Base Layer Apps & Chain Security
(13:58) Perennial Ad
(15:30) Infra vs Apps
(24:54) Building Berachain In The Bear Market
(32:58) What Defines Success?
(43:42) Proof Of Liquidity
(51:19) Crypto Fatigue
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Disclaimer: Nothing said on 1000x is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed.
Can Proof of Liquidity Solve the Blockchain Trilemma? | Smokey the Bera
In this episode, Santi interviews Smokey, the co-founder of Berachain, a new layer 1 blockchain built on the concept of "proof of liquidity". They dive deep into Berachain's origin story, starting from its conception as a series of NFTs to its current state of development. Smokey explains the core ideas behind proof of liquidity, how it aligns incentives between network security and liquidity, and how it compares to other blockchain consensus mechanisms. They also discuss Berachain's roadmap, the types of applications being built on it, and the biggest challenges and risks Smokey foresees as they approach mainnet launch.
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Arbitrum is a game-changer for daily Ethereum's users and developers, offering top applications and lower fees. As the leading scaling solution with 600+ apps, explore Arbitrum’s Portal to find your perfect fit. Interact with the home of DeFi, a flourishing NFT and creator ecosystem, and a rapidly growing Web3 gaming hub – Arbitrum has it all.
Get started at:
portal.arbitrum.io
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Timestamps:
(00:00) Intro
(03:06) Berachain Origin Story
(11:08) Proof of Liquidity
(22:46) Journey of Berachain & Roadmap
(29:34) Why Build on Berachain
(43:54) Arbitrum Ad
(44:40) Harpie Ad
(45:53) Supra Ad
(46:50) Value Accrual
(57:30) MEV & Block Ordering
(01:01:21) Scaling Berachain
(01:07:55) Building in Crypto
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.