Infrared BGT $IBGT is a project offering liquid staking and PoL tools within the Berachain ecosystem. More
| Fully Diluted Valuation | $36.81M |
|---|---|
| 24H Trading Volume | $368,012 |
| 24H Low / High | $2.40 / $ 2.53 |
| Circulating Supply | 14.82M |
| Total Supply | 14.82M |
| Max Supply | ∞ |
| Categories | Liquid Staking 3 more |
|---|---|
| Founder | Anonymous |
| Website | infrared.finance |
| Socials | |
| Chains | Berachain Ecosystem |
| Explorer | Berascan |
| Contracts |
0xac0....b2e6b
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| Name | Pair | OG Score |
|---|
Infrared BGT $IBGT is an innovative crypto project designed to maximize value capture and simplify user interaction within the Berachain ecosystem. Built around the Proof of Liquidity (PoL) mechanism pioneered by Berachain, Infrared BGT $IBGT offers a range of liquid staking solutions and tools that enhance accessibility, flexibility, and user experience. The protocol provides solutions such as liquid versions of governance tokens and staking mechanisms to drive the growth of the Berachain ecosystem.
Key features of Infrared BGT $IBGT include:
Vaults: Simplifies participation in Berachain’s PoL system, maximizing rewards for users.
iBGT: A liquid version of the Berachain Governance Token that provides users with additional utility and composability.
iBERA: A liquid staking solution for BERA tokens, making staking accessible to a wider audience.
The project focuses on ease of use, creating products that allow users to participate in Proof of Liquidity (PoL) without the complexities traditionally associated with such systems.
Use Cases of Infrared BGT $IBGT
iBGT - Liquid Governance Token:
Earn iBGT: Users can earn iBGT by providing liquidity to approved PoL pools and staking the LP tokens in Infrared vaults.
Stake iBGT: iBGT holders can stake tokens to earn rewards from the underlying BGT, paid in HONEY.
Use in DeFi: iBGT can be freely bought, sold, or used within decentralized finance platforms like Kodiak, BeraBorrow, and others.
iBERA - Liquid Staking:
iBERA simplifies staking BERA tokens, enabling users to remain liquid while still earning rewards.
Vaults:
Infrared simplifies and automates processes for maximizing PoL rewards, making it accessible even for non-expert users.
Conclusion
Infrared BGT $IBGT stands as a key player in the Berachain ecosystem, focusing on providing comprehensive tools for liquid staking and enabling users to maximize their rewards through PoL. By creating composable solutions like iBGT and iBERA, Infrared BGT $IBGT plays a pivotal role in simplifying and enhancing the user experience for participants in the Berachain network. With its commitment to innovation, Infrared BGT $IBGT is poised to drive significant growth and adoption within the decentralized finance space.
Infrared BGT $IBGT simplifies Proof of Liquidity with liquid staking tools like iBGT and iBERA, enhancing user rewards.
The founders are anonymous.
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