Infrared Bera is a cryptocurrency that functions as the gas token on the Berachain blockchain. It is used to pay for transaction fees and supports the network’s overall security by enabling staking and validator incentives. Additionally, the token plays a central role in powering various decentralized finance applications across the ecosystem.
Infrared Bera is designed to facilitate seamless transaction fee payments while enhancing network security through staking mechanisms. The token addresses the common issue of liquidity lock-up by offering a liquid staking solution via iBERA, allowing users to remain active in the DeFi landscape. Its utility extends to enabling lending, borrowing, and trading activities, creating a flexible and accessible financial environment for all participants.
Infrared Bera has a total supply of 81153242 IBERA tokens and a market capitalization estimated at $301077412. It is structured to support the core operations of the Berachain network by incentivizing validator participation and securing transactions. Although specific details on token burning mechanisms or a comprehensive distribution plan are not provided, the established metrics underline its foundational role within the ecosystem.
Marketcap
$0.30107741B
Total number of Infrared Bera
81153242 IBERA
Infrared Bera operates on the Berachain blockchain, an EVM-compatible platform that supports decentralized applications and ensures efficient execution of smart contracts. The network uses a Proof of Liquidity consensus mechanism, allowing validators to stake tokens and secure the blockchain while enabling users to retain liquidity through liquid staking solutions like iBERA. This technology ensures that users can earn staking rewards without locking up their assets, thereby promoting both network efficiency and broader participation in the ecosystem.
Infrared Bera sets itself apart by integrating a liquid staking solution that provides users with the ability to earn rewards without sacrificing token liquidity. Its design leverages an accessible staking model combined with the flexibility of DeFi participation, which differentiates it from traditional staking systems that often lock tokens. Furthermore, operating on an EVM-compatible blockchain with a Proof of Liquidity consensus mechanism gives it a competitive edge in terms of network security and user engagement when compared to other projects.
Infrared Bera serves as the gas token on the Berachain blockchain, enabling users to pay for transaction fees. It is integral to the network’s operation and plays a vital role in maintaining system security through staking. The token also facilitates various DeFi applications, ensuring seamless interaction across the ecosystem.
When users stake their Infrared Bera tokens, they receive iBERA in return as a liquid staking token. This mechanism allows them to continue using their assets in decentralized finance applications while still earning staking rewards. The solution provides the flexibility to engage in trading, lending, or borrowing without the typical liquidity constraints of traditional staking.
Infrared Bera is built on the Berachain blockchain, which is compatible with the Ethereum Virtual Machine. This compatibility enables seamless integration with various DeFi protocols and smart contracts. The underlying technology also incorporates a Proof of Liquidity consensus mechanism to enhance network security.
Infrared Bera offers multiple benefits including the facilitation of low-cost, efficient transaction processing and robust network security through staking incentives. Its integration with liquid staking via iBERA ensures that users maintain liquidity while earning rewards. Moreover, the token enables participation in various DeFi applications, driving overall ecosystem growth and flexibility.
Infrared Bera has a total supply of 81153242 IBERA tokens, and its market capitalization is estimated at $301077412. These metrics are central to understanding the token’s role in supporting network operations and incentivizing participation. While detailed token distribution or burning mechanisms are not explicitly outlined, the established figures highlight its importance within the Berachain ecosystem.
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