Infrared Finance in the Berachain Ecosystem: Liquid Staking Protocol and Its Points Program

Recently, Berachain has rapidly climbed to the 7th position in the total locked value (TVL) ranking of public chain DeFi, surpassing several well-known public chains. Within the Berachain ecosystem, Infrared Finance, as the project with the highest TVL ranking, has garnered significant attention.

Infrared Finance is a liquid staking protocol within the Berachain ecosystem. The project launched the Infrared Points rewards program on April 23, which can be exchanged for Infrared's native token set to be issued in the third quarter; the specific exchange ratio will be announced as the token generation event (TGE) approaches. Data shows that the Infrared protocol currently has over $1.5 billion in locked assets, accounting for nearly 60% of Berachain's overall DeFi TVL.

Infrared has raised a total of $18.75 million through the Simple Agreement for Future Tokens (SAFT), gaining support from several well-known investment institutions.

The specific steps to participate in the Infrared points program are as follows:

Preparation Work

1. Prepare a cryptocurrency wallet that supports the Berachain network and ensure it is connected to the Berachain mainnet.

2. Hold $BERA (Berachain native token) or $BGT (Berachain governance token) for staking or providing liquidity. At the same time, prepare a small amount of $BERA to pay for transaction gas fees.

3. Visit the Infrared Finance official website.

Participation Steps

Step 1: Connect your wallet and check the points page

After connecting your wallet and switching to the Berachain chain, navigate to the Points page to check if you already have any retroactive points.

Step 2: Earn points by staking or providing Liquidity

There are two main ways to earn points:

1. stake $iBGT or $BERA to get $iBERA
   • Stake $iBGT on the iBGT page
   • Stake $BERA on the iBERA page

2. Provide liquidity through the treasury
   • Select the PoL vault that supports points on the Vaults page
   • It is recommended to choose vaults with high point multipliers, such as WBERA-iBGT Kodiak LP Vault (1.375x point multiplier)
   • Enter the amount of LP tokens you want to stake and confirm the transaction.

Note: Providing liquidity directly to the old pool no longer earns points; it must be done through the Infrared treasury operations.

Step 3: Continuous Monitoring of Points

Check the points balance and accumulation speed on the Points page. Points will automatically grow based on the staking time and vault multiplier.

Notes

• Prioritize selecting high-multiple vaults to maximize points earnings.
• Ensure that there is enough $BERA in the wallet to pay for transaction fees
• Please assess market risks and smart contract risks before participating.

By staking or providing liquidity to Infrared's PoL vault, users can easily participate in the Infrared Points program and automatically accumulate points. This program has just launched, and the project is expected to conduct its TGE in the third quarter, which is worth keeping an eye on.