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Infrared Launches Berachain Liquidity Pledge Solution iBERA

Infrared Launches Berachain Liquidity Pledge Solution iBERA

Bitget2024/07/17 15:15

Infrared Finance announced the launch of the Berachain liquidity pledge solution, iBERA, in an official release. Infrared says that with the launch of Berachain V2, BERA pledges have become an important part of the network. iBERA has expanded beyond the role of native gas tokens and is now being used by verifiers to protect the network, generate blocks, and earn rewards. BERA is now used by validators to protect the network, generate blocks, and earn rewards. The economic value of all pledged BERA tokens increases the security of the chain. However, pledging BERA requires "locking up" a large number of tokens. This requires a significant amount of capital and requires pledgers to forego opportunities available in the DeFi ecosystem - limiting their earning opportunities. This is why we built iBERA.

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