From the ecosystem development of Infrared Finance and the v1.5 upgrade, we see significant progress of Berachain in DeFi. Continuously optimizing the Proof of Liquidity mechanism enhances user participation thresholds and capital efficiency, greatly increasing liquidity and creating profit opportunities. This is also an important part of achieving the liquidity flywheel effect. Through the redistribution mechanism of liquidity pool staking rewards, the BGT rewards generated by user staking are injected into Infrared validator nodes, forming a positive cycle of staking rewards → liquidity supply → governance enhancement.
Infrared has also become part of the continuously growing ecosystem on Berachain, collaborating with well-known protocols such as Ether.FI, Euler, and SOLV. In the past three months, ecological development has rapidly progressed, gradually building a capital-efficient DeFi ecosystem.
❚ iBGT Minting Function
Users can now directly mint iBGT through Berachain's setOperator function. Users who have previously participated in BGT mining can mint iBGT on Infrared using BGT, which means users who have already earned BGT can convert to iBGT without additional staking.
❚ Automated Keeper System
The internal auction process has introduced an automated keeper system, effectively reducing slippage in iBGT reward auctions, enhancing capital efficiency and user experience.
❚ Optimization Algorithm
The v1.5 upgrade focuses on maximizing efficiency by analyzing on-chain data, calculating the optimal BGT increase for validators, and reallocating resources to maximize profits while avoiding diminishing returns. Through algorithm optimization and automated processes, the protocol's performance and capital utilization have been further enhanced.