Berachain and Infrared

Berachain

Berachain is an EVM identicial Layer 1 chain that leverages a novel economic model for consensus called Proof of Liquidity. This model is a varient of delegated Proof of Stake in which validators must put up a 'stake' before being able to validate and verify blocks to earn block rewards.

Proof of Liquidity aims to align the 3 core network participants on an L1 including validators who secure the chain, dApps who build on the chain and users who are using the chain. Users who provide economic value can stake receipt tokens from the apps they're using to earn a share of block rewards which come from the validators themselves.

Learn more about Berachain here: https://docs.berachain.com/learn

Infrared

Infrared is the leading BGT LST protocol on Berachain offering the yield bearing iBGT asset, creating a liquid wrapper around Berachain's soul bound BGT (Bera Governance Token). BGT typically captures value through incentives that protocols pay to validators in order to recieve BGT emissions on their reward vaults from the validators themselves. By creating a liquid variant of this token, users can now benefit from DeFi's composability to be used across other DeFi applications or to stake it and earn yield from Proof of Liquidity.

iBGT

iBGT is the leading BGT LST in the market today, built by Infrared. Whilst being 1:1 backed by BGT, it cannot be redeemed for the underlying BGT or burned into BERA. It's purpose as a liquid BGT wrapper enables users to buy and sell exposure to BGT, to use in DeFi across other applications and to stake to earn the underlying yield from PoL incentives.

Learn more about Infrared here: https://infrared.finance/docs