Infrared BGT (IBGT) - The Future of Liquid Governance Tokens

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Money Notes

 

Disclaimer: Investing in cryptocurrencies involves significant risks, including high volatility and potential loss of capital. It's essential to conduct thorough research and invest responsibly.

In the ever-evolving world of cryptocurrencies, Infrared BGT (IBGT) stands out as a revolutionary asset on the Berachain network. Designed as a liquid version of the Berachain Governance Token (BGT), IBGT offers unparalleled flexibility and utility, making it a valuable addition to any crypto portfolio.

What is IBGT?

Infrared BGT (IBGT) is a liquid version of the Berachain Governance Token (BGT). Unlike the standard BGT, which is non-transferable and can only be earned by providing liquidity to eligible Proof of Liquidity (PoL) pools, IBGT can be bought, sold, and used freely across the Berachain ecosystem. This makes IBGT a versatile and valuable asset within the network.

Benefits of Holding IBGT

  1. Staking Rewards: IBGT holders can stake their tokens to receive the same rewards as BGT holders, including vote incentives and protocol fees from Berachain's native decentralized applications (DApps).

  2. DeFi Integration: IBGT can be used in various DeFi platforms, such as liquidity pools on decentralized exchanges (DEXs) like Kodiak, or lending and borrowing on platforms like BeraBorrow, Gummi, or Dolomite.

  3. Flexibility: Unlike BGT, IBGT offers greater flexibility and utility, allowing holders to maximize their PoL rewards while maintaining liquidity.

How to Acquire IBGT

To acquire IBGT, users need to provide liquidity to approved PoL pools and stake the LP tokens in Infrared vaults. This process simplifies managing BGT and provides a liquid alternative that can be freely traded and used across the Berachain network.

Conclusion

Infrared BGT (IBGT) is a game-changer in the world of liquid governance tokens. Its flexibility, utility, and integration with DeFi platforms make it an attractive option for crypto enthusiasts looking to maximize their rewards and maintain liquidity. As the Berachain network continues to grow, IBGT is poised to play a significant role in its ecosystem.

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