Certain air drop expectations and 40% APR hedging strategy, sharing with everyone!

Previously, although there were expectations for the TGE of the protocol on Berachain, there was still uncertainty.

Last month, Smokey, the founder of Bear Chain, mentioned that multiple projects would have TGE in the coming weeks, but it needs to be advanced in conjunction with market and project conditions.

Today, the lending protocol $DOLO, ranked third in TVL on Berachain, took the lead in TGE; unfortunately, I participated too late and missed the opportunity.

But that's okay! Also today, the protocol ranked first in TVL, Infrared, announced its TGE plan!

According to official information, now is the time to participate, details are as follows:

1) TGE expected in the third quarter;

2) Launch of a points program, points will be exchanged for tokens during TGE (providing liquidity staking, holding $iBGT and $iBERA can earn points);

3) Points have been automatically retroactive and can be viewed in the points interface;

4) The points program lasts for three months, combined with the third quarter, TGE is expected around August.

Friends who have been following me for the past month know that I am a miner on Berachain, using a hedging strategy to earn interest differentials and also aim for air drops.

Infrared is the core protocol of my strategy, whether it is the hedged iBERA/WBERA mining pool or buying the dip after iBERA unpegs, both have allowed me to make a small profit.

According to Infrared's TGE and points program, the air drop is also just around the corner, haha!

Sharing my strategy:

1) Mortgage idle tokens, borrow BERA;

2) Exchange part of BERA for iBERA, forming an iBERA/WBERA LP for mining;

3) The mined iBGT continues to be staked for mining;

The core token of the strategy is iBERA, and iBERA is one of the key focuses of future air drops.

In addition to air drops, the lending APR is about 50%, LP mining APR reaches 90%, and the staked APR of mined iBGT is as high as 243%.

The overall APR is at least 40%, and if reinvested, the returns are even higher; specific calculations can be done on your own!

The strategy is public, future expectations are clear, do you DeFi players want to come to Infrared to enjoy the feast together?👀