Infrared Bera $IBERA is a liquid staking solution enhancing the utility of BERA tokens in the Berachain network. More
| Fully Diluted Valuation | $180.87M |
|---|---|
| 24H Trading Volume | $327,430 |
| 24H Low / High | $2.28 / $ 2.41 |
| Circulating Supply | 79.10M |
| Total Supply | 79.10M |
| Max Supply | ∞ |
| Categories | Liquid Staking 3 more |
|---|---|
| Founder | Anonymous |
| Website | infrared.finance |
| Socials | |
| Chains | Berachain Ecosystem |
| Explorer | Berascan |
| Contracts |
0x9b6....d3fe5
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| Name | Pair | OG Score |
|---|
Infrared Bera $IBERA is the liquid staking solution introduced by Infrared to enhance accessibility and usability of staking for BERA tokens. At its core, BERA serves as the native gas token for the Berachain blockchain, which is an EVM-compatible Layer 1 blockchain. Berachain operates using Proof of Liquidity (PoL) consensus, a mechanism similar to Proof of Stake, where validators stake BERA tokens to produce blocks and secure the network.
Traditional staking in validators, while critical for network security, has limitations. Tokens staked in validators are locked, reducing liquidity and limiting their earning potential. Recognizing these constraints, Infrared devised the innovative $IBERA solution.
Key Features of Infrared Bera $IBERA
Deposit and Receive iBERA
Users can stake their BERA tokens through Infrared. In return, they receive $IBERA, a liquid ERC-20 token fully backed 1:1 by their staked BERA.
Staking Rewards
Beneath the surface, the staked BERA tokens are secured with Infrared's validator network, which generates staking rewards.
DeFi Usability
The liquid $IBERA token can be used in various decentralized finance (DeFi) applications such as decentralized exchanges (DEXs), lending platforms, or as collateral. This allows staking participants to earn rewards from both staking and DeFi activities simultaneously.
Staking Rewards Mechanism
Network Incentives: Participants earn rewards by contributing to the security of the Berachain network.
MEV (Maximum Extractable Value): Additional earnings arise from strategic transaction ordering within blocks.
Miner Tips: Users receive extra incentives from prioritized transaction requests within the network.
Why Choose Infrared Bera $IBERA?
Composability
As an ERC-20 token, $IBERA is seamlessly integrable into various DeFi platforms, ensuring broader usability and composability.
Diverse Rewards
$IBERA allows users to collect network rewards without the operational complexities of running a validator.
Network Security Contribution
By utilizing $IBERA, participants actively bolster the security and growth of the Berachain ecosystem.
Use Cases
Liquidity in DeFi: $IBERA enhances liquidity by enabling participants to use their staked tokens in DeFi applications.
Reward Maximization: Through composability and staking rewards, users can maximize their earnings while maintaining liquidity.
Network Growth: Token holders contribute to the overall security and integrity of the Berachain network.
Conclusion
Infrared Bera $IBERA presents a groundbreaking solution that resolves the traditional issues of locked liquidity in staking. By enabling token holders to participate in staking while simultaneously leveraging the potential of DeFi, $IBERA amplifies earning opportunities and strengthens the Berachain ecosystem. Its features of accessibility, usability, and security make $IBERA a game-changer for blockchain stakeholders seeking to make the most of their BERA tokens.
Infrared Bera $IBERA offers liquid staking, enabling users to earn rewards while maintaining token liquidity for DeFi use.
The founders are anonymous.
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