BERACHAIN OPENS LAYER-1 TESTNET

Summary from the TLDR Crypto newsletter

Berachain, an upcoming layer 1 blockchain in the Cosmos ecosystem, has opened its public testnet. The testnet introduces a unique "proof of liquidity" consensus mechanism, which involves securing the network through ecosystem participants that provide liquidity to its trading infrastructure. Liquidity providers will be rewarded with tokens. Berachain's developers plan for the tokens to have some economic value.