TechFlow, April 24 — Infrared Finance, a liquid staking protocol in the Berachain ecosystem, announced the launch of a points rewards program to prepare for its token launch in Q3. The points program will last three months, during which users can earn points by depositing into PoL vaults, providing liquidity on DEXs such as Kodiak/BEX, or staking iBGT/iBERA. In addition, Infrared is collaborating with Pendle to develop derivative applications for the points system.
Infrared is the first project in Berachain to launch a points program, having raised $18.75 million from investors including YZi Labs and Framework Ventures. Its TVL exceeds $1.5 billion (according to DeFiLlama), ranking first in the ecosystem.
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