On September 18, Vance Spencer, co-founder of Framework Ventures, said at Token 2049 in Singapore that the Berachain mainnet and token are planned to be launched by the end of 2024. Berachain's POL consensus mechanism can introduce a fully consistent blockchain ecosystem by transferring a portion of the profits back to the ecosystem participants: when a user pledges BERA, the user must direct the liquidity obtained to these primitives. This way all fees stay in the ecosystem. They all go to BGT and BERA holders, which is what the market craves. It is worth noting that on April 12, the new public chain Berachain announced the completion of the $100 million Series B financing, which is about 45% higher than the previously reported amount. This round of financing was jointly led by Brevan Howard Digital's Abu Dhabi branch and Framework Ventures, with Polychain Capital, Hack VC and Tribe Capital participating.