Liquidity Staking

The Berachain ecological liquidity staking protocol Infrared has completed a $14 million Series A financing, led by Framework Ventures

ChainCatcher news, according to CoinDesk, the Berachain ecosystem liquidity staking protocol Infrared has completed a $14 million Series A funding round led by Framework Ventures. Combined with the previous $2.25 million strategic round led by Binance Labs and $2.5 million seed round, Infrared's total funding has reached $18.75 million.Infrared will provide liquidity staking solutions for Berachain's native tokens BGT and BERA. Users who stake the native tokens to earn validator rewards will receive the liquidity staking token iBERA, which can generate additional yields in other DeFi protocols. In addition, Infrared has also become the first project supported by the Berachain Foundation incubator "Build a Bera," which announced in January this year that it was seeking collaborative startup projects.Michael Anderson, co-founder of Framework Ventures, stated, "We believe that Infrared's protocol will unlock a significant amount of productive capital within the broader Berachain ecosystem while maximizing efficiency and returns. This will enable developers on the Berachain framework to innovate in new ways."According to the Web3 asset data platform RootData, Infrared Finance is an application based on Berachain's liquidity proof consensus mechanism. The application redesigns liquidity staking in the context of a three-token architecture and the unique soul-binding element of BGT. The protocol maximizes value for stakeholders through its infrastructure-level PoL treasury and iBGT liquidity staking derivatives, leveraging the social aggregation of BGT.

Biswap releases a new strategic roadmap, focusing on new features such as multi-chain and liquid staking

ChainCatcher news, the decentralized exchange Biswap has released a new strategic roadmap. The Biswap team stated that after completing important features such as the previous AMM V3, the BSW independent market, and ETH liquid staking, the next focus will be on multi-chain expansion, launching liquid staking, introducing new ecosystem projects, providing new investment tools for cryptocurrency holders, implementing a revenue-sharing system, and developing advanced trading tools.Specifically, in terms of multi-chain layout, Biswap plans to soon support Ethereum, Base, and Arbitrum networks. The team mentioned that the choice of these three networks is primarily based on Ethereum's security, Base's scalability, and Arbitrum's optimized performance.In addition, Biswap will soon launch a liquid staking feature, allowing users to maintain liquidity while staking tokens and generate additional income from staking tokens in DeFi activities. Biswap also revealed that it is developing an "extremely rare" decentralized feature, which is currently kept confidential.At the same time, Biswap will introduce a revenue-sharing model to alleviate the pressure on the BSW token and provide rewards to users. Advanced trading tools are also on the development agenda, aimed at enabling users to utilize different trading strategies more easily and efficiently.
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