Infrared PriceIR

Infrared (IR) is the native liquid staking token of the Berachain ecosystem, designed to unlock liquidity and yield for staked assets while powering the network's Proof-of-Liquidity (PoL) consensus mechanism.

Key takeaways

• Infrared is the first liquid staking protocol built natively on Berachain, enabling users to stake BERA tokens and receive liquid staking derivatives (LSDs) in return.
• The IR token serves as the governance and utility asset within the Infrared ecosystem, allowing holders to vote on protocol parameters and earn rewards.
• Infrared's unique value proposition lies in its integration with Berachain's PoL consensus, where staked assets directly contribute to network security and liquidity provisioning.
• The protocol has a fixed maximum supply of 1,000,000,000 IR tokens, ensuring scarcity and long-term value alignment.
• Infrared is categorized as a liquid staking and infrastructure project, making it a cornerstone for DeFi activities on Berachain.

What is Infrared? Key Specifications & Tokenomics

Infrared is a liquid staking protocol that operates exclusively on the Berachain network, allowing users to stake their BERA tokens and receive iBERA, a liquid staking derivative that can be used across various DeFi applications while still earning staking rewards.

The tokenomics of IR are designed to incentivize long-term participation. The total supply is capped at 1 billion tokens, with allocations typically reserved for community rewards, ecosystem development, and the protocol's treasury. Unlike inflationary models, Infrared's fixed supply ensures that as the Berachain ecosystem grows, the value of each IR token may appreciate due to increased demand for staking and governance participation.

Who created Infrared (IR)?

Infrared was developed by a team of experienced blockchain engineers and DeFi researchers who recognized the need for a native liquid staking solution on Berachain. The project was launched in 2024, shortly after Berachain's mainnet went live, to address the liquidity inefficiencies inherent in traditional staking models.

The founding team includes individuals with backgrounds in decentralized finance, smart contract development, and consensus mechanism design. While the specific identities of the core developers are not publicly disclosed in a traditional sense, the project is governed by a decentralized autonomous organization (DAO) structure, where IR token holders have voting power over key protocol decisions. The team has been actively engaged with the Berachain community, participating in governance discussions and contributing to the broader ecosystem's growth.

Infrared's development is supported by grants from the Berachain Foundation and partnerships with leading DeFi protocols within the Berachain ecosystem. The project's codebase is open-source and audited by reputable third-party security firms to ensure transparency and safety for all users.

How does Infrared (IR) work?

Infrared operates as a liquid staking protocol on Berachain, leveraging the network's unique Proof-of-Liquidity (PoL) consensus mechanism. Here's a step-by-step breakdown of how it functions:

• Staking BERA Tokens: Users deposit their BERA tokens into Infrared's smart contract. These tokens are then delegated to validators on the Berachain network, who are responsible for validating transactions and maintaining network security.
• Minting iBERA: In return for staking BERA, users receive iBERA, a liquid staking derivative token. iBERA represents the user's staked BERA plus any accrued staking rewards. Unlike traditional staking, where assets are locked and illiquid, iBERA can be freely traded, lent, or used as collateral in other DeFi protocols.
• Reward Distribution: Staking rewards generated by the validators are collected by Infrared's protocol and distributed to iBERA holders. The reward rate is dynamic and depends on the overall staking participation rate and network activity.
• Governance with IR: The IR token is used for governance within the Infrared ecosystem. Holders can vote on proposals related to fee structures, validator selection, and protocol upgrades. This ensures that the community has a direct say in the protocol's evolution.
• Unstaking: When users wish to exit their staked position, they can burn their iBERA tokens to redeem the underlying BERA. This process may involve a unbonding period, typically ranging from a few days to a week, depending on Berachain's network parameters.

The entire process is automated through smart contracts, eliminating the need for intermediaries and providing a trustless, transparent staking experience.

What makes Infrared (IR) unique and valuable?

Infrared's uniqueness stems from its deep integration with Berachain's Proof-of-Liquidity (PoL) consensus, which sets it apart from traditional liquid staking protocols on other blockchains. Key differentiating factors include:

• Native PoL Integration: Unlike Ethereum-based liquid staking protocols that operate on top of a Proof-of-Stake (PoS) system, Infrared is built specifically for Berachain's PoL model. In PoL, staked assets are not just used for security but also directly contribute to liquidity provisioning in the network's decentralized exchange (DEX). This means that staking through Infrared simultaneously supports network security and DeFi liquidity, creating a synergistic effect.
• Enhanced Capital Efficiency: By minting iBERA, users can continue to participate in DeFi activities while their original BERA is staked. This unlocks capital that would otherwise be locked, allowing for yield stacking strategies. For example, iBERA can be used as collateral in lending protocols or paired with other assets in liquidity pools, generating additional returns on top of staking rewards.
• Fixed Supply Scarcity: With a maximum supply of 1 billion IR tokens, the protocol avoids the inflationary pressures common in many DeFi projects. As the Berachain ecosystem expands and more users stake BERA through Infrared, demand for IR tokens for governance and utility purposes is likely to increase, potentially driving long-term value appreciation.
• Community Governance: IR holders have direct control over protocol parameters, including fee rates, validator selection criteria, and treasury management. This decentralized governance model ensures that the protocol evolves in alignment with the community's interests, fostering trust and long-term commitment.

These features make Infrared not just a staking tool but a foundational infrastructure component for the entire Berachain ecosystem.

What is Infrared (IR) used for?

The IR token serves multiple purposes within the Infrared and Berachain ecosystems:

• Governance: IR is the primary governance token for the Infrared protocol. Holders can vote on proposals that determine protocol fees, validator delegation strategies, and future feature developments. This gives the community direct control over the protocol's direction.
• Staking Rewards Enhancement: While iBERA holders earn staking rewards from BERA, IR holders may receive additional incentives, such as boosted reward rates or exclusive access to certain protocol features. This creates a dual-reward mechanism that encourages long-term holding of IR.
• Protocol Fees: A portion of the fees generated by Infrared (e.g., from unstaking or minting iBERA) may be distributed to IR stakers or used to buy back IR tokens from the market, creating deflationary pressure.
• Ecosystem Participation: IR can be used to participate in Berachain's broader DeFi ecosystem. For example, IR tokens may be paired with iBERA or BERA in liquidity pools on Berachain's native DEX, allowing holders to earn trading fees and additional yield.
• Collateral in Lending: As IR gains adoption, it may be accepted as collateral in lending protocols on Berachain, enabling holders to borrow other assets against their IR holdings.

In essence, IR is a multi-functional asset that combines governance rights, yield generation, and ecosystem utility, making it a valuable component for anyone actively participating in the Berachain network.

How to buy IR Coin?

IR is a popular cryptocurrency listed on many exchanges. However, it is recommended to trade on a major platform like BTCC exchange for higher liquidity and better customer support.

1. Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account. You can follow this guide.
3. Start Trading: Go to the trading page and search for the spot trading pair IR/USDT or the perpetual contract IR/USDT.
4. Place an Order: Enter the amount of IR you wish to purchase and submit the order. For contract trading, you can also choose to go short (sell) and adjust the leverage multiplier according to your strategy and risk tolerance.
5. Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.

For more information on IR's price and market data, visit the BTCC price page or the BTCC Exchange review for a comprehensive overview of the platform's features.