Shock & Anger: Berachain Airdrop Leaves Many Feeling Betrayed

Berachain has distributed BERA tokens to eligible community members after launching its proof-of-liquidity layer-1 network. The airdrop covered testnet users, Boyco depositors, NFT holders, and strategic partners. However, many community members have expressed dissatisfaction with the allocation process, leading to widespread debate.

BERA Airdrop Allocations

The Berachain Foundation allocated 15.75% of the 500 million BERA supply to various community groups. Testnet users received 1.65%, while Request for Broposal recipients received 2.35%. Boyco depositors and BNB holders each received 2% of the total airdrop.

Community members actively engaged on X and Discord received 0.25% of the tokens. The foundation also allocated 0.25% to holders of Berachain ecosystem NFTs. Meanwhile, Bong Bears NFT holders secured the highest allocation, receiving 6.9% of the total BERA airdrop.

Strategic partners were assigned 0.4% of the distributed tokens. The airdrop process followed a structured allocation plan outlined in Berachain’s tokenomics. However, many users remain critical of how the foundation divided the tokens among different groups.

Mixed Reactions From the Community

Many Berachain community members on X have criticized the airdrop allocation. Some users argue that testnet participants, who supported the network for years received an unfairly low percentage. Others claim they received no tokens despite their long-term engagement with the project.

Pseudonymous co-founder Smokey the Bera addressed concerns by stating that perfect distribution is nearly impossible. However, many users remain unhappy with the decisions made by the foundation. Some believe the team prioritized certain groups at the expense of the most loyal supporters.

Crypto trader Jarzombek accused the Berachain team of disregarding ecosystem NFT holders. Other users shared contrasting experiences, with some reporting significant airdrop rewards. Despite the backlash, Berachain has not announced plans to adjust the allocations.

Market Impact and Token Performance

Following the airdrop, BERA experienced a sharp rally, surging 1,346% to $14.46. However, the price has since corrected, with BERA now trading at $7.36. The volatility suggests that market sentiment remains uncertain amid the ongoing controversy.

The Berachain ecosystem includes three primary tokens: BERA, BGT, and HONEY. BERA serves as the network’s gas and staking token. BGT is used for governance and economic incentives, while HONEY is the native stablecoin.

Despite the concerns surrounding the airdrop, Berachain continues to develop its ecosystem. The foundation has implemented a linear vesting schedule to release the remaining tokens over three years gradually.