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: @infraredBearinfraredBear, @OxRaito
The proposer should be affiliated with the protocol or at least one of the tokens in the contract.
Affiliation: IR
- 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 IR-USDT0-0.3% (KODI IR-USDT0)
Reward Vault Address: 0xcDdbD6ddFf8cB34B8E561BDeDB3E16a6e5b5FDBb
Contract Address: https://app.kodiak.finance/#/liquidity/pools/0x200c2c7879E885Ed9d6A5d2aD4F6Cdfc525A52C4?chain=berachain_mainnet
Contract Type / Configuration: AMM pool
Describe how the contract works: Liquidity position
Contract Fees: 0.3%
Existing Liquidity / TVL: Not live yet, target is $500k on day 1
Identify any address(es) controlling more than 10% of the contract shares: Not live yet
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
Major Tokens
Name: Tether
Symbol: USDT0
Non-Major Tokens
Name: Infrared Native Token
Symbol: IR
Contract Addresses : Berachain / 0xa1B644AEC990Ad6023811cED36E6A2d6D128C7C9
Tokenomics, Distribution, and Vesting: IR is Infrared’s native utility token (to be finalized)
Identify any address(es) controlling more than 10%: Not live yet
Does the project issuing the token have any relationship with current validators? If yes, which one?: Luganodes, Pier two, Rockaway, Stakelabs
Total Supply Cap: 1 billion
Circulating Supply: Not live yet
Token Type: Utility token (ERC-20)
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
5. Token / Project Background / Incentive Token Whitelist
IR & iBGT will be used as incentive tokens
Specify how many tokens you plan to allocate for incentives and over what period of time: Total budget of up to $150,000 worth of IR. Subject to change as rates of $/IR changes.
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?: Infrared being the largest protocol on Berachain, launching its native token will have a pivotal role in the ecosystem growth. From value accrual to ecosystem integrations. The core utility of the token taps into the Proof of liquidity itself and reinforces that flywheel.
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 Day 1 liquidity. Moreover, Infrared Finance will further incentivise the liquidity providers by enabling Infrared Vaults, with potential additional incentives on day 1.
Highlight any known liquidity commitments.: Team will aim to provision up to 150k USD worth of liquidity on day 1
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 1. The plan is to integrate with multiple DEXes and lending protocols in the weeks post TGE to expand utility (all these conversations are in place already).
Are there plans to co-market with another project to bootstrap liquidity?: Kodiak
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, IR being one of the key protocol native assets on the chain, deep liquidity and incentivisation to do so is essential for the future.