Big news from the Berachain ecosystem! Infrared Finance, a key player focused on liquid staking, has just rolled out an exciting initiative designed to boost user activity and reward early supporters. If you’re involved in the Berachain community or interested in liquid staking, this new program is definitely worth your attention.
What is the Infrared Finance Crypto Points Program?
Infrared Finance is a liquid staking protocol specifically built for the Berachain network. Recognizing the importance of an active user base, they’ve introduced a points program. This program serves as an incentive layer, encouraging users to engage with the protocol in specific ways. Think of it as a reward system where your participation directly translates into potential future benefits.
According to reports, the points program is structured to allocate points based on eligible activities. This isn’t just random participation; the protocol has defined specific actions that qualify users for point accumulation.
How the Liquid Staking Protocol Rewards Users
The primary way users can earn points in the Infrared Finance program is by participating in eligible activities within the protocol. A key example mentioned is participation in Proof of Liquidity (PoL) vaults. These vaults are crucial components of a liquid staking system, often involving staking assets and providing liquidity simultaneously.
Here’s a breakdown of how earning points works:
- Eligible Activities: Focus on specific actions defined by Infrared Finance, such as contributing to PoL vaults.
- Duration Matters: The program rewards commitment. The longer you stake your assets or provide liquidity within the designated vaults, the more points you will accumulate over time. This structure favors long-term holders and active participants.
This approach not only incentivizes engagement but also helps secure and strengthen the protocol’s liquidity base on Berachain.
Points Convert to Future Value in the BERA Ecosystem
So, what’s the ultimate goal of accumulating these points? The points earned through participation in the Infrared Finance program are not just vanity metrics. They are set to be converted into Infrared Finance’s own native token. This token is a significant upcoming event for the protocol and is currently scheduled for launch in the third quarter of the year.
The points program is expected to run for approximately three months, strategically leading up to the token generation event (TGE). This timeline suggests that the points accumulated during this period will play a direct role in the initial distribution or allocation of the native token to early community members and active users.
Why This Matters for Infrared Finance and Berachain
Launching a points program is a common, yet effective, strategy in the crypto space to bootstrap activity and build a loyal community before a token launch. For Infrared Finance, it’s a way to:
- Drive adoption of its liquid staking services.
- Test and stabilize its PoL vaults with real user activity.
- Build anticipation for its native token.
- Identify and reward early supporters who are critical for a protocol’s initial success.
For the broader BERA ecosystem, the success of protocols like Infrared Finance is vital. Liquid staking is a fundamental piece of decentralized finance infrastructure. Increased activity on Infrared Finance contributes to the overall health, liquidity, and decentralization of Berachain.
It’s also worth noting the project’s recent momentum. In March, Infrared Finance successfully raised $14 million in a Series A funding round, led by prominent crypto venture firm Framework Ventures. This significant investment indicates strong backing and confidence from institutional investors, providing a solid foundation as they launch this points program and prepare for their token release.
Ready to Participate?
If you’re interested in earning points, the key is to identify the eligible activities on the Infrared Finance protocol, particularly the PoL vaults. Engaging with these features and maintaining your position for the duration of the program will maximize your point accumulation. Keep an eye on official Infrared Finance channels for detailed instructions and criteria regarding eligible activities and point calculation.
Conclusion
Infrared Finance’s introduction of a points program is a strategic move to galvanize its community and incentivize engagement ahead of its native token launch. By rewarding users for essential activities like providing liquidity and staking, the protocol is laying the groundwork for a robust and active ecosystem within Berachain. This program offers a clear opportunity for early users to earn potential future value, aligning user incentives with the growth and success of the Infrared Finance protocol and the wider BERA ecosystem.
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