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Infrared Finance has launched a points program to prepare for token issuance.
The liquidity staking protocol Infrared Finance based on Berachain has launched a points program to incentivize users to participate and prepare for the token issuance later this year. The program offers retroactive rewards for early users, with points dynamically allocated based on participation in the Infrared liquidity vault, providing liquidity on decentralized exchanges (such as Kodiak and BEX), and staking iBGT and iBERA, among other activities. The protocol is incubated by the Build-a-Bera program of the Berachain Foundation and has raised $18.75 million through the SAFT model, with investors including YZi Labs, Framework Ventures, and NGC Ventures. (The Block)