3. Ensure you have some $BERA for gas fees
* Acquire $BERA through supported exchanges
## Essential Concepts
Before diving into Berachain, it’s essential to understand these key components:
* **BERA:** the network’s native gas token
* **BGT:** staking and governance token, used to secure the network and earn rewards via PoL
* **iBGT:** Infrared’s liquid governance token for $BGT (backed 1:1)
* **Boost a Validator:** you can help direct $BGT emissions by boosting a validator with $BGT; this makes you eligible to claim any incentives
* **HONEY:** Berachain’s native stablecoin (can be minted via the Beratown interface)
* **Proof of Liquidity (PoL):** Berachain's economic mechanism that utilises network incentives to align the interests of ecosystem participants, bolstering both applications and chain security
* **Reward Vaults:** enable protocol users to earn BGT and additional incentives
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