The rise of the Berachain ecosystem, Infrared Finance leads the Decentralized Finance wave

Berachain has risen to the 7th place in the total locked value (TVL) ranking of public chain DeFi, surpassing several well-known platforms and occupying an important position in the DeFi ecosystem. Today, we will introduce Infrared, the project ranked first in Berachain TVL.

Infrared Finance is a liquidity staking protocol within the Berachain ecosystem, which launched the Infrared Points rewards program on April 23. These points can be exchanged for the native token of the Infrared program, set to be launched in the third quarter, with the specific exchange rate to be announced closer to the token generation event (TGE). Data shows that the Infrared protocol currently leads in total locked value (TVL) within the Berachain ecosystem, with assets exceeding $1.5 billion, 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) and has received support from several well-known investment institutions.

Steps to Participate in the Infrared Points Program

Precondition

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.
3. Prepare a small amount of $BERA for paying transaction gas fees.

Step 1: Connect your wallet and check the points page

Visit the Infrared Finance official website, connect your wallet, and switch to the Berachain chain, then navigate to the Points page to check your points status.

Step 2: Earn points by staking or providing liquidity

Option 1: Stake $iBGT or $BERA to earn $iBERA

• Stake $iBGT: Find the staking option on the iBGT page, enter the amount and confirm the transaction.
• Staking $BERA: Find the staking option on the iBERA page, enter the amount and confirm the transaction.

After the staking is completed, you will receive $iBERA, and the points will be automatically accumulated.

Option 2: Provide liquidity through the vault

1. On the Infrared main page, go to the Vaults tab.
2. Choose a PoL vault that supports points, it is recommended to select one with a high points multiplier, such as:
   • WBERA-iBGT Kodiak LP Vault (1.375x multiplier)
   • WBERA-iBERA Kodiak LP Vault (1.375x points multiplier)
   • WBERA-iBERA BEX LP Vault (1.375x points multiplier)
3. Select the target vault for staking, enter the amount of LP tokens and confirm the transaction.
4. After the staking is completed, you will start earning rewards and points.

Step 3: Continuously monitor points

Return to the Points tab on the Infrared main page to check your points balance and accumulation speed. Points will automatically increase based on the staking time and vault multiplier.

Notes

• Prioritize high-multiplication vaults to maximize point 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.

Summary

By staking $BGT/$BERA or providing liquidity to Infrared's PoL vault, you can participate in the Infrared Points program and automatically accumulate points. The points program has just started, and the project is expected to conduct TGE around the third quarter, so it is worth keeping an eye on.