Infrared Bera (iBERA) is a liquid staking token representing staked BERA on the Berachain network. It allows holders to earn staking rewards while maintaining liquidity for DeFi participation. Developed by Infrared Finance, iBERA integrates seamlessly with various DeFi applications, offering flexibility and composability.
Infrared Bera (iBERA) is a liquid staking token (LST) introduced by Infrared Finance, designed to represent staked BERA—the native token of Berachain, an EVM-compatible Layer 1 blockchain. Each iBERA token is backed 1:1 by BERA tokens staked with Infrared’s validator set, allowing holders to earn staking rewards while maintaining liquidity for participation in various decentralized finance (DeFi) applications.
iBERA serves multiple purposes within the Berachain ecosystem:
Staking Rewards: Holders earn staking yields from their staked BERA tokens.
DeFi Participation: As an ERC-20 token, iBERA can be utilized in DeFi platforms for activities such as lending, borrowing, and trading, providing flexibility and composability.
iBERA was developed by Infrared Finance, a protocol dedicated to enhancing user experience and driving the growth of the Berachain ecosystem. Infrared focuses on simplifying interactions with Berachain's Proof of Liquidity (PoL) mechanism through liquid staking products and node infrastructure.