According to TechFlow, on April 24, Berachain's ecological liquidity staking agreement Infrared Finance announced the launch of the points reward program to warm up the third quarter token issuance. It is reported that its points plan will last for three months, and users can earn points by depositing money into PoL, providing liquidity in DEXs such as Kodiak/BEX, and pledging iBGT/iBERA. In addition, Infrared is working with Pendle to develop points-derived applications.
Infrared is Berachain's first project to launch its points program, with financing of US$18.75 million, and investors include YZi Labs, framework Ventures, etc. Its TVL has over US$1.5 billion (DeFiLlama data), ranking first in the ecosystem.