A Brief Analysis of Infrared: An Intent-Centric Liquidity Proof Protocol for the Berachain Ecosystem

Source: Infrared Blog

We are excited to introduce Infrared, an intent-driven strategy for liquidity proof within the Berachain ecosystem.

With the anticipated launch of the public Berachain testnet approaching, newcomers to the ecosystem will soon encounter the nuanced elements of its novel consensus engine, Liquidity Proof (PoL).

The new user experience differences include, but are not limited to, a lack of liquidity associated with BGT, highly abstract bribery and validator layers intertwined with protocol incentives, and the fragmentation of BGT distribution. For those unfamiliar with Berachain and PoL, navigating these complexities may seem daunting, especially for those not well-versed in decentralized finance. In this context, Infrared is committed to significantly simplifying this process and democratizing access to the PoL ecosystem.

In contrast, the Infrared platform offers a dedicated framework for BGT stakers and liquidity providers, designed to enhance rewards through a user-friendly and straightforward interface. Infrared seeks to streamline the processes of Berachain and the BGT staking system, facilitated by its native fee token, $IRED.

In short, Infrared is one-click liquidity proof.

Liquidity providers participating across Berachain native DApps and other BGT-eligible liquidity venues will earn transaction fees, native emissions, and claim liquidity BGT through iBGT (our native LSD). Notably, Infrared does not charge deposit or withdrawal fees and imposes minimal performance fees, which are subsequently distributed to $IRED holders.

The potential presented by Infrared is exciting, as this infrastructure lays the groundwork for the first BGT native liquidity staking token (LST) on Berachain, developed under the guidance of the Berachain Foundation through the Build-a-Bera incubator program. With our support, extensive development work, and the advantage of early entry into the ecosystem, Infrared is eager to establish itself as an outstanding validator network in the field of liquidity proof.

Currently undergoing rigorous industry-standard security audits, Infrared will unveil its user interface and early builds to the community alongside the launch of the Berachain public testnet. The Infrared mainnet is prepared to launch in sync with the Berachain mainnet's block 0.

As we announce our operations and communicate our vision to a broader audience, we also want to highlight the new opportunities provided within the core team of Infrared.

In subsequent blog posts, we will delve into our platform's native governance token, $IRED, clarifying its utility and integration within the system.