The New Star of Liquid Staking in the Berachain Ecosystem: Analysis of the Infrared Finance Project and Guide to the Points Program

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 and becoming an important member of the DeFi ecosystem. Today, we will focus on Infrared, the project ranked first in Berachain TVL.

Infrared Finance is a liquid staking protocol in the Berachain ecosystem, which launched the Infrared Points reward program on April 23. These points can be exchanged for the native token of Infrared, which will be issued in the third quarter, with the specific exchange rate to be announced before the token generation event (TGE). According to data platforms, Infrared currently leads the total locked value in 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), receiving support from several well-known investment institutions.

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

Preparation Work

1. Prepare a cryptocurrency wallet:

   • Use a wallet that supports the Berachain network
   • Ensure that the wallet is connected to the Berachain mainnet

2. Prepare the relevant tokens:

   • Need $BERA (Berachain native token) or $BGT (Berachain governance token) for stake or provide Liquidity
   • Prepare a small amount of $BERA to pay for transaction gas fees.

3. Visit the Infrared Finance official website

Step 1: Connect Wallet and View Points Page

1. Visit the Infrared Finance official website, connect your wallet, and switch to the Berachain chain.
2. Navigate to the Points page to see if there are any retroactive points.

Step 2: Earn points by staking or providing liquidity

Option 1: stake $iBGT or $BERA to get $iBERA

1. stake $iBGT:

   • Find the stake option on the iBGT page
   • Enter the amount of $iBGT and confirm the transaction

2. stake $BERA:

   • Find the stake option on the iBERA page
   • Enter the amount of $BERA and confirm the transaction

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

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 reward 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 staking is completed, start earning rewards and automatically accumulate Infrared Points.
5. You can view your investments in the portfolio.

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

Step 3: Continuous Monitoring of Points

1. Return to the Infrared main page and click on the Points tab.
2. Check the points balance and accumulation speed
3. Points will automatically increase based on the stake duration and vault multiplier.

Notes

• Preferentially select high-multiple vaults to maximize points earnings.
• Ensure there is enough $BERA in the wallet to pay for transaction fees
• Staking and providing liquidity involve market risks and smart contract risks. Please assess reasonably before participating.

Summary

By staking $BGT/$BERA or providing Liquidity proof LP to the Infrared 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 its TGE around the third quarter, which is worth continuous attention.