Infrared releases v1.7 version, introducing dynamic fees and iBGT auction mechanism

Foresight News reports that Berachain's liquidity pledge agreement, Infrared, has released version 1.7. This upgrade includes dynamic fees for iBGT (adjusted based on market conditions), a new iBGT mechanism (temporarily restricting iBGT redemptions), and adjustments to the underlying revenue mechanism of iBERA (using an auction system to replace the BGT to BERA redemption mechanism).