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🐻 Introducing Infrared : Easy Staking on Berachain - PART 1 🐻 infrared.finance What is Infrared? Infrared is a system designed to improve how liquidity (money flow) works on Berachain. It uses something called Proof of Liquidity (PoL) and helps users stake (lock up) their tokens like BGT and BERA to earn rewards. It also provides tools for managing nodes and vaults that work with PoL. Infrared’s main goal is to make it easier for people to use and benefit from staking on Berachain while getting the most value out of it.
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Why Infrared? Infrared is helpful for anyone who wants to stake their tokens and stay involved in the Berachain system. It offers easy ways to stake your tokens without locking them up completely, meaning you can still use them while earning rewards. By using Infrared, you’re also helping to secure the Berachain network, and at the same time, you get to earn from it. Infrared balances safety, liquidity (keeping your tokens usable), and earning rewards.
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What is IBGT? IBGT is a special token you get when you stake your BGT (Berachain’s main token) through Infrared. When you stake BGT, you receive IBGT as a way of showing that you’ve locked up your BGT. The cool part is, you can use IBGT in different ways in the Berachain system while still earning rewards from your staked BGT. So, you don’t lose flexibility even when you’re staking.
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