1. Proposer Details
Email: red@infrared.finance, raito@infrared.finance
Proposer’s project name: Infrared Finance
Proposer’s X account: https://x.com/InfraredFinance
Best Telegram Handle for questions/fixes: @infraredBear, @OxRaito
The proposer should be affiliated with the protocol or at least one of the tokens in the contract.
Affiliation: iBGT, iBERA
- Protocol Details
Protocol Name: Infrared Finance
Protocol Type: Staking
Protocol X profile link: https://x.com/InfraredFinance
Protocol docs link: Infrared Finance | Docs | Infrared Finance
Protocol audits links: Audits | Docs | Infrared Finance
Does the protocol have any relationship with current Berachain validators?: Yes
Contract/Pool Details
Contract Name: Kodiak Island iBERA-iBGT-0.3% (KODI iBERA-iBGT)
Contract Address: 0x24afcEB372b755F4953e738d6b38E9e4646D9F57
Contract Type / Configuration: AMM pool
Describe how the contract works: Liquidity position
Contract Fees: 0.3%
Existing Liquidity / TVL: Latest stats can be found here.
Identify any address(es) controlling more than 10% of the contract shares: Real time distribution can be found here. By the time the following address fulfil the criteria mentioned above; 0xbC0F503e84994595D28bf120998c4dbAC07477AA
Is the contract upgradable?: No
Contract Control: RBAC
Is the contract verified?: Yes
Can the contract be paused?: Yes
Does the contract rely on oracles?: No
Token Details
Non-Major Tokens
Name: Infrared BGT
Symbol: iBGT
Contract Addresses : Berachain / 0xac03CABA51e17c86c921E1f6CBFBdC91F8BB2E6b
Tokenomics, Distribution, and Vesting: iBGT is a yield-bearing, liquid representation of staked BGT. It allows users to stake BGT while maintaining liquidity, ensuring efficient delegation to validators, and optimizing reward distribution. Whitelisting iBGT for PoL would enhance liquidity, improve capital efficiency, and strengthen the incentive alignment for active participation in Berachain’s staking ecosystem. For further information please refer to the official education section.
Identify any address(es) controlling more than 10%: iBGT real time distribution can be found here. By the time the following address fulfil the criteria mentioned above: 0x9b45388Fc442343dE9959D710eB47Da8c09eE2d9: Infrared Reward Vault
0x12bf773F18cEC56F14e7cb91d82984eF5A3148EE: Kodiak Pool
Does the project issuing the token have any relationship with current validators? If yes, which one?: Luganodes, Pier two, Rockaway, Stakelabs, Informal Systems, a41, Nodeinfra, Kingnodes, Cephalopod, Coinsummer
Total Supply Cap: N/A
Circulating Supply: iBGT real time Total Supply can be found here
Token Type: LST
Provide extra details: For further information please refer to respective education pages
Are token contracts upgradable?: No
Token Control: Permissionless
Is the token contract verified?: Yes
Is the token a standard ERC20 or any functions have been customized? (If custom, provide a link to an audit.): All the audits can be found here
Can the token be paused?: No pauser role on the token
Name: Infrared Bera
Symbol: iBERA
Contract Addresses : Berachain / 0x9b6761bf2397Bb5a6624a856cC84A3A14Dcd3fe5
Tokenomics, Distribution, and Vesting: iBERA is a yield-bearing, liquid representation of staked BERA within Infrared Finance. It enables users to stake BERA while maintaining liquidity, optimizing validator inclusion, and maximizing staking rewards. For further information please refer to the official education section.
Identify any address(es) controlling more than 10%: iBERA real time distribution can be found here. By the time the following addresses fulfil the criteria mentioned above:
0x7CFf4a65fd1CdE5319fA65E444eeDCe858275932
Does the project issuing the token have any relationship with current validators? If yes, which one?: Luganodes, Pier two, Rockaway, Stakelabs, Informal Systems, a41, Nodeinfra, Kingnodes, Cephalopod, Coinsummer
Total Supply Cap: N/A
Circulating Supply: iBERA real time Total Supply can be found here
Token Type: LST
Provide extra details: For further information please refer to respective education pages
Are token contracts upgradable?: Yes
Token Control: Permissionless
Is the token contract verified?: Yes
Is the token a standard ERC20 or any functions have been customized? (If custom, provide a link to an audit.): All the audits can be found here
Can the token be paused?: No pauser role on the token
5. Token / Project Background / Incentive Token Whitelist
iBERA & iBGT will be used as incentive tokens
Specify how many tokens you plan to allocate for incentives and over what period of time: 10k iBERA worth a day
Outline how decisions about token incentives are made: Team multisig
Incentive Manager address: 0x242D55c9404E0Ed1fD37dB1f00D60437820fe4f0
Growth, Community & Ecosystem Impact
How will this pool benefit Berachain and BEX?: iBGT simplifies managing BGT by allowing holders to buy, sell, and use it freely across Berachain, unlike non-transferable BGT. Validators benefit from additional staking and liquidity, increasing their chances of inclusion in the active set and earning rewards.By providing easy-to-use staking solutions with iBERA and additional yield with iBGT, more users are likely to adopt Berachain.
Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)?: Yes
Does it enable important trading pairs that drive adoption or integrate with other Berachain projects?: Yes
Provide metrics or estimates on liquidity you expect to attract.: Pool will be supporting already existing TVL hence the issuance of the mentioned assets via deep liquidity. Moreover, Infrared Finance will further incentivise the liquidity providers by enabling Infrared Vaults, with potential additional incentives on day 0. Short term(weeks) expectation is 5M+ TVL.
Highlight any known liquidity commitments.: Team has been provisioning 1M USD worth of liquidity
Will this pool feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain?: As mentioned above the initial commitment comes from the Infrared Finance Team by providing PoL vaults for the mentioned assets on day 0. Furthermore, we have commitments from lending markets.
Are there plans to co-market with another project to bootstrap liquidity?: Kodiak, Beefy (& other autocompounders), Beraborrow
How could this reward vault evolve over time?: Native Infrared Finance protocol boosted incentives on this pool will increase over time. As the number one protocol by TVL on Berachain, Infrared Finance has strong connections & ever evolving plans with the ecosystem partners. Furthermore, iBGT & iBERA being key assets on the chain, deep liquidity and incentivisation to do so is essential for the future.