Infrared Yield Farming Practical Tutorial
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All DeFi discussions revolve around three topics
Security, High APY, Sustainability
The premise of combining these three points must be a project with rapid business development to possess such capabilities.
In the DeFi space, three-digit annual interest rates are becoming a trend for the development of early-stage projects.
For example, @InfraredFinance and @KodiakFi are both emerging projects in the Berachain ecosystem.
Many people know that the most prosperous part of the Berachain ecosystem is DeFi, where Infrared is developing the fastest, with TVL exceeding $700 million.
Infrared's core provides users with high-yield opportunities through the PoL mechanism.
Especially in the KodiakFi iBERA/iBGT vault, users can enjoy an APY of 115% and 2x points rewards; the points here will be related to airdrops in the future! Everyone should take note.
Next, I will show you how to earn high APY points.
First, you need to prepare some BERA and iBGT; you can buy some from the exchange and transfer them to your OKX wallet.
1. Go to the official website swap 👉 https://t.co/Gwis7nvpqT
2. Exchange BERA or iBGT for Kodiak's iBERA-iBGT.
3. After the exchange is complete, click on vaults and find the exchanged iBERA-iBGT (Kodiak).
4. Click Stake and select the amount you want to stake.
5. After staking, the amount staked will be displayed in real-time.
Similarly, other vault staking operations are carried out in the same way; as long as you participate in staking, the system will automatically calculate your points.
In fact, choosing high-multiple points PoL vaults, such as WBERA-iBGT or iBERA/iBGT, can achieve automatic reinvestment to realize the rolling effect on yield. Following the above strategies, you can basically get high points.
I noticed in the announcement that there will be a TGE token airdrop in Q3; the more points you have, the more rewards you will receive.
In the last 30 days, on-chain activity has been very active, and Infrared has already paid out $1.18 million in rewards, with an average APY reaching 50% to 100%. Additionally, as mentioned above, if you participated in the earlier KodiakFi iBERA/iBGT, you could achieve an annualized yield of 115%.
In the last survey, it was mentioned that after the swap function goes live, the liquidity access threshold would be further lowered; it seems to indeed be the case, as the growth rate of TVL has clearly accelerated.
Infrared is also a project that raised $18.75 million in funding, so the weight of technology and security should be higher.