Infrared, the first liquidity test (POL) rethinking protocol in Berachain, has raised $ 14 million in a round of series A directed by Framework Ventures.
It brings the total amount collected up to $ 18.75 million after a strategic round of $ 2.25 million led by Binance Labs and a seed round of $ 2.5 million.
Berachain is a layer-1 block chain that passed to its netnet on February 6, outdoors a token to the ecosystem and exchanges users at the same time. The network differs from other blockchains, as it uses a liquidity test consensus mechanism to reward users and protocols to provide liquidity.
And Infrared becomes one of the first projects to benefit from this mechanism with their liquid solutions to rethink the BGT and Bera to Berachain tokens. Users who rethink native tokens to receive validator rewards will receive Ibero, a liquid token staked that can be used to generate additional performance in other Defi protocols.
Infrared also becomes the first project to benefit from the incubator of the Berachain Foundation called ‘Build A Bera’, which announced that I was looking for new companies to work in January.
“We believe that the infrarovio protocol will unlock significant amounts of productive capital within the wider ecosystem of Berachain, while maximizing efficiency and performance. This frees builders in the framework of Berchain to innovate newwaters,” said Framework Ventures Michael Anderson co -founder.
