Lair Finance has reached a cooperation agreement with Infrared Finance, with the LAIR token price increasing by over 22%.

ChainCatcher news: Lair Finance announced a joint launch with Berachain's leading ecosystem protocol Infrared Finance of the first re-staking token based on iBGT, called LrBGT. This empowers the PoL reward mechanism and cross-chain ecosystem integration, building Lair's all-chain yield hub. Infrared Finance, with products like iBGT, holds a core position in Berachain's liquid staking system, boasting a TVL exceeding 1 billion USD, accounting for nearly 60% of the entire network. Following the announcement, LAIR's price surged rapidly, increasing by over 22%.