What is Berachain?
Berachain is an EVM-compatible L1 blockchain that adopts a three-token mechanism of $BERA, $BGT, and $HONEY, and uses the PoL consensus mechanism to reward liquidity providers, aiming to solve the misdistribution problem of traditional PoS locked asset rewards and promote ecosystem liquidity and network security. The Berachain ecosystem has been quite active since its launch in February this year, especially its liquidity mining, which has been known for its high yields.
What is Infrared?
Infrared is a key staking protocol in Berachain, focusing on building PoL infrastructure on the Bear Chain, allowing users to stake assets to provide liquidity to earn rewards. Infrared launched $IBGT and $IBERA as liquidity staking tokens for $BGT and $BERA, which are very suitable for leveraged mining and are currently one of the highest yield strategies in Berachain.
Infrared has completed three rounds of financing since its inception last year, accumulating a total investment of $18.75 million, led by YZi Labs, Framework Ventures, and Synergis Capital. With market optimism, Infrared is also the protocol with the highest TVL in the Bear Chain, accounting for over $1.1 billion in TVL.
$IBGT and $IBERA
$IBGT and $IBERA are the liquidity staking tokens of $BGT and $BERA, both launched by Infrared. Initially, the prices of these two liquidity tokens were pegged to the original tokens at a ratio of 1:1. Users can obtain liquidity tokens by staking in the Infrared Vault, or directly through Swap. Currently, $IBGT is the product with the highest market share in the Berachain LST market, causing a premium of nearly 45% for $IBGT.
Infrared LP deposit implementation
As mentioned above, Infrared is currently the protocol with the highest TVL in Berachain. The Vault in the platform covers LP pools composed of various LSTs of the Bear Chain. The author will take WBERA-IBGT as an example and explain how to re-compound to Pendle to obtain higher point benefits!
1.Log in to Infrared
Connect the EVM wallet in Infrared and prepare Berachain $BERA assets.
2.WBERA-IBGT LP Deposit
Search for IBGT in Vault to see the WBERA-IBGT LP combination. The author chose the Kodiak pool and directly deposited $BERA Stake, and the agreement will automatically allocate the ratio of $WBERA and $IBGT.
3.Receive $IBGT Revenue
The income of the above deposit will be distributed in real time in $IBGT as a reward, and can be viewed and received in the Portfolio page.
4.Pendle Compounding
Pendle recently launched a $IBGT deposit pool with PT, LP and YT options. Even the principal-protected PT has an annualized yield of 438%, which is about 200% higher than the Infrared official website, and you can also get 2x Infrared points.
The author's strategy is to re-invest the above $IBGT reward income into the Pendle PT yield pool to earn higher annualized income and double points. If you are very optimistic about Infrared, you can also choose to invest $IBGT in YT to get all the points, you can get 5.88 times the points reward!
Conclusion: Berachain Ecosystem Recovers, Mining Deposits Compounded
After the Berachain Boyco unlock earlier this month, with the market rebound, $ETH led the altcoins to have gains of 3-50%, and the $BERA of the Bear Chain ecosystem rose by 60%. Infrared, as the leading staking protocol in the Berachain ecosystem, has high-yield pools worth participating in.
The $IBGT introduced in this article not only has an annualized yield of over 300%, but can also be deposited on Pendle for further compounding, while earning higher points. It is suitable for Defi players who are optimistic about the Berachain ecosystem or are experienced. Don't miss this high-yield opportunity!
Big Name Project Must Do: Huma & RateX Double Wool Points Maximization
Huma Finance is the PayFi platform focusing on payments that was introduced earlier. Users can pre-cash future "accounts receivable" through smart contracts with partial losses, solving the liquidity problems encountered by many payment and lending platforms. It has currently processed over $3.8 billion in transactions, providing stable liquidity to the global payment system.
Huma Finance has raised $46.3 million in financing, led by Distributed Global and Race Capital, with seed rounds in 2023 and fundraising rounds in 2024.
Other investors include Hashkey Capital, Stellar Development Foundation, etc., and officially announced the launch of the Solana chain at the end of last year, and received strong support from the Solana Foundation, paving the way for a good technical and financial background.
RateX is a decentralized exchange based on the Solana chain, focusing on providing leveraged yield trading, allowing users to multiply pledged assets and point income in a way similar to perpetual contracts.
RateX completed an undisclosed seed round last year, mainly led by GSR and SNZ Holding. It is also one of the selected projects in Binance Incubator Phase 8, with great potential in the track!
Huma Finance, I introduced the yield multipliers of its Classic and Maxi deposit pools in this weekly report. It reached the deposit limit shortly after going live. The article also mentioned how to use Jupiter to jailbreak deposits and use $mPST to obtain the same integral multiplier as the Maxi deposit pool.
Huma Finance opened the upper limit of the deposit pool again this week, and it was filled to the upper limit again within one day. Dune data can also observe that Huma's transaction volume and deposit amount are constantly soaring. And $PST launched the RateX yield trading platform this week, allowing users to maximize the Huma $PST deposit point multiplier. The following will explain in detail how to double Huma points through RateX and introduce three different revenue models!
$PST RateX Points Revenue Interaction
Before interacting with RateX, you need to deposit funds into the Classic or Maxi pool in Huma Finance, or refer to the above method to purchase $PST on Jupiter. The following introduces three revenue models in RateX.
1.Lock-up Fixed Deposit: 27% Annualized Fixed Income
Deposit $PST tokens in RateX Market to lock in a stable 21% APY for 74 days. In addition to the original integral multiplier, you can get 3x RateX points.
2.Liquidity Mining
In RateX Liquidity, you can pledge $PST to provide liquidity and earn RateX platform handling fee income, similar to traditional liquidity mining, you can get higher income than fixed deposits, and the point income is 2 times Huma and 3 times RateX, which is the author's most recommended stable way to get higher points.
3.Yield Leverage Trading
RateX yield trading is its main feature, which can be like a contract to go long or short $PST yield tokens to speculate on the rise and fall of future Huma point value. And YT trading comes with leverage, which can greatly multiply the income space of holding $PST, but this method is riskier, and it is suitable for small funds to earn high point income.
Featured Project Interaction: Wallchain
With the launch of Kaito, Ethos and other scoring systems and InfoFi, blockchain projects are paying more and more attention to the rating of social accounts and quantifiable scoring systems. Wallchain is an emerging social account scoring system, focusing on measuring the real influence of encrypted community accounts, establishing a new incentive mechanism and giving it rewards.
Wallchain was first integrated with ApeSwap in 2022 and received two rounds of undisclosed funding at the end of 2022 and the beginning of 2023. The participating institutions include Skyland Ventures, Alliance DAO, and NGC Ventures. The investment lineup shows the market potential of Wallchain.
Wallchain is committed to building attention finance. Using the X Score rating and Quacks reward points in the platform can effectively evaluate the influence of community accounts and reward high-quality creators. Coupled with its anti-MEV technology, it can more effectively provide value capture and directly feedback to content creators.
Wallchain started the Quacks points system this week. Both ordinary users and content creators can easily participate in the Wallchain ecosystem. The Wallchain interaction model is similar to Kaito, just connect your X account to start participating in creating scores. The system evaluates the created content of the linked account every day and gives Quacks points, The following describes the detailed participation process.
Wallchain interaction process
1.Join Wallchain
Connect your X account to join Wallchain. Currently, in order to control the number of participants, like Ethos, you need an invitation code to join. Each person can get three invitation codes after being invited to give to other users. You can find major bloggers issuing them on X or Discord.
2.X Score
X Score reflects the real influence of your account in the community. Click Add to Chrome to download the Wallchain browser plugin, and you can view the X Score of others in real time on X, similar to the function of the Ethos plugin.
3.Quacks Score
Quacks scores need to be analyzed by clicking on the webpage first. The system will evaluate your social performance in the past 30 days and give you a base Quacks score. In the future, the platform will evaluate your created content every day and issue corresponding Quacks scores as a reward!
4.Earn Points
You can build together with Kaito or any other Web3 project that requires community building. As long as you continue to create content with contributions and participate in project discussions in the community, you can eat more than one fish at the same time.
Emerging Project Ambush: ICN Protocol
ICN Protocol is a decentralized cloud service platform focused on providing secure and permissionless cloud services for AI, gaming, and Dapps, challenging industry giants like Amazon Web Services. ICN Protocol combines decentralized technology with "WebFi" as its core concept to create a network environment centered on human emotions and social interactions.
This April, an AWS outage disrupted services of major exchanges such as Binance. To address the risk of single points of failure in centralized facilities, ICN Protocol has created a three-tiered architecture based on hardware providers, service providers, and node operators to ensure high performance and stability of the protocol. The testnet has attracted over 220,000 active users and deployed over 50 PB of storage capacity.
ICN Protocol has accumulated $31 million in financing, with major investors including 1kx, HV Capital, and Protocol Labs, enabling ICN Protocol to develop steadily in the European and American markets. According to official data, ICN Protocol has achieved over $5 million in annual revenue, node sales exceeding $13 million, and serves over 1000 large and small enterprises, laying a good foundation for the mainnet launch.
$ICNT Token
The $ICNT economics of ICN Protocol has been launched. The total supply of $ICNT is 1 billion, with an initial circulation of 700 million, and the remaining 300 million will be gradually unlocked in 5 years. The token distribution chart is shown below. The main economic model is designed to incentivize user participation and ensure network security. The following will explain how to interact with ICN Protocol.
ICN Protocol Interaction
ICN Protocol recently launched its testnet, where users can earn XP by completing tasks to share $ICNT airdrops. There is also the ICNT World Domination event to participate in, which are both confirmed reward opportunities:
1.ICN testnet participation
Participate in tasks on the ICN testnet page and accumulate XP points to allocate 10.5 million $ICNT.
2.ICNT World Domination
The newly launched World Domination event, on the ICN official website, scroll down to the page as shown in the figure below, you can connect your wallet and X account, post on X and #ICNTWorldDomination, build a WebFi network through social interaction, and get up to 10000 $ICNT rewards according to the tweet data.
Financing Potential Project: Camp Network
Camp was founded in 2022. It is a modular L1 blockchain focusing on solving AI training data and intellectual property issues, creating Web3 IP through a traceability proof agreement, allowing users to bring social media data to the chain, create exclusive personal IP to profit, and achieve true fame and fortune, which is similar to InfoFi.
Camp Network is different from Story in the IP blockchain track. Camp is more inclined to put the social media data of personal brands on the chain, connecting traffic from traditional media such as YouTube and Facebook, and Camp is also one of the popular projects on Kaito recently.
Camp Network has accumulated $29 million in financing to date, including a $4 million seed round in April last year and a $25 million Series A round in April this year, mainly financed by top VCs such as 1kx, Maven 11 and OKX Ventures. With the new financing, its popularity has been pushed to its peak!
Camp just launched the testnet this week. Most of them are social tasks with completely 0 cost interaction. It is suitable for new players who have just come into contact with wool to ambush. The following is attached to the interaction process:
1.Log in to Camp Testnet
Connect to the EVM wallet in Camp Testnet to log in.
2. Watch the tutorial introduction
Click Tutorial in the lower left corner to view the exquisite introduction prepared by the project, you can understand the Camp Testnet gameplay and the future development direction of the project.
3.Quests Task
Click the middle task to expand the task page as shown in the figure below. Currently, most of them are simple social tasks, completed with social media such as X and Discord, and some cooperative protocol interactions and games can be completed one by one according to the Tutorial tutorial.
Airdrop Blessing Query
1.$STX
Space and time is a decentralized data platform backed by Microsoft, focusing on providing ZKP data solutions for blockchain, allowing smart contracts, AI Agents and Dapps to query and verify data in a trusted and tamper-proof environment.
Space and time first launched $SXT on Binance Alpha last week, airdropping $SXT to early ecosystem participants and Binance Alpha users with more than 150 points, including Galxe, Zealy and NFT holders, with a minimum guarantee of 350 $SXT.
2.$DOOD
Doodles, a well-known NFT blue-chip project on Ethereum, released the $DOOD airdrop query last week. The following eligible addresses can query the airdrop!
SOL SAGA Mobile Phone Pre-orderers
BSC Active MEME Holders
Top 5000 Helius Holders
ElizaOS Contributors
Bonk Top 2500 Traders
Doodles performed worse than Azuki, PudgyPenguins, and Apes in various aspects. The listing had a market value of only about 100M, and the airdrops were generally of low value. However, it gave Binance Alpha a higher share of airdrops, with a single account selling for up to 400U, making it the highest-value airdrop ever opened on Binance Alpha.
3.$BERA
Berachain is a high-performance EVM-compatible blockchain that adopts the PoL consensus mechanism and implements a three-token system of $BERA, $HONEY, and $BGT. Berachain launched its mainnet in February 2025 and airdropped 15.75% of $BERA to testnet participants, community members, and liquidity providers.
Berachain started Boyco reward collection on 5/6, and airdropped $BERA again to StakeStone, Pendle and other Boyco stakers. If you have deposited, you can withdraw and collect the airdrop!