BTC market volatile, discovered a liquidity pledge protocol on Berachain chain @ InfraedFinance during learning Discovering that @ InfraedFinance is like the "infrastructure layer" in the Berachain DeFi ecosystem, it has now grown into one of the largest protocols on the Berachain chain. At its peak, its TVL exceeded 2 billion US dollars. Its core function By utilizing the 'Proof of Liquidity' mechanism, pledged BGT/BERA can be transformed into tradable iBGT and iBERA, allowing users to earn staking profits while maintaining asset liquidity. Don't keep an eye on the plate all the time. Main products: 1. IBGT/iBERA: corresponding to locked BGT and BERA respectively, can be bought and sold in the market at any time BGT is Berachain's "governance token", and iBGT is BGT's liquidity encapsulation, supporting 1:1 funding. After replacing BGT with iBGT, one still holds the voting and dividend rights of BGT, while iBGT can also be used as collateral to borrow money and participate in other financial activities. BERA is the "base token" of Berachain, pledging BERA to obtain iBERA. IBERA can also be used for other on chain operations (similar to Lido in the ETH ecosystem). 2. IVaults (Strategic Treasury) If you want to improve profitability, you can choose iVaults. Combining PoL staking with more complex DeFi strategies (forming LPs, or reinvesting earned profits into "roll over" (automatic compounding)) The potential for cross chain scalability @Infrared Finance has even more ambitions. It wants to leverage its experience in building a complete infrastructure on Berachain, and Infrared is also exploring the possibility of expanding to other chains For example, the cross chain iVault strategy allows users to also enjoy the benefits of other chains. By utilizing other native incentive mechanisms on the blockchain, Infrared can help users bridge the gap. In the future, building a cross chain revenue infrastructure can provide continuous attention and make users more worry free. The above directions give Infrared the opportunity to become a cross chain revenue aggregation and PoL abstraction layer. Team financing security situation The team has extensive experience in DeFi construction and has played key roles in multiple protocols. Combined with previous financing, Infrared's total financing amount has reached $18.75 million. In addition to Framework Ventures, investors include YZI Labs, Hack VC, Animoca Brands, and others. The financing lineup is luxurious, with significant overlap with Berachain's investors. In this cycle, they successfully built key infrastructure around the most innovative consensus mechanism and have the ability to quickly expand to new chains that require more revenue and infrastructure layers. Infrared's protocol infrastructure is designed for institutional level financial products through multiple rounds of security audits, meeting high standards of security and reliability requirements. Both large and small users have security. finally Meaning can enhance user engagement, pledge to obtain tradable tokens, reduce the liquidity risk of lock up, and attract more users and validators to join Infrared combines "lock up" and "liquidity", providing both secure staking infrastructure for validators and readily tradable revenue tokens for ordinary users, becoming an indispensable liquidity core in the Berachain ecosystem. It seems like TGE is getting fast. The points program has ended to reward early users and community members. Fortunately, the market sentiment is not very bad.