Infrared launches iBERA, a liquidity staking solution for BERA.
Powered by ChatGPTTechFlow news, July 17th, Infrared Finance officially announced the launch of iBERA, a liquidity staking solution for BERA, aimed at addressing the issue of capital lock-up during the BERA staking process. Through iBERA, users can stake BERA at Infrared and receive a 1:1 supported liquidity token iBERA, thus flexibly earning returns in the DeFi ecosystem. Infrared will also operate its own validator infrastructure to provide a reliable staking experience and plans to introduce a 'full economic node of Berachain' in the future.
Infrared stated that with the launch of Berachain V2, BERA staking has become an important part of the network. BERA is not only used as the native gas token but also by validators to protect the network, generate blocks, and earn rewards. The economic value of all staked BERA tokens has increased the security of the chain. However, staking BERA requires 'locking' a large number of tokens, which requires significant capital and demands stakers to give up opportunities available in the DeFi ecosystem, limiting their earning opportunities. This is the reason for establishing iBERA.