Infrared Finance Launches VeraChain Liquid Staking Solution iBERA

Infrared Finance Launches VeraChain Liquid Staking Solution iBERA

VeraChain, a blockchain protocol for decentralized applications and enterprise solutions, has partnered with Infrared Finance, a leading DeFi provider to launch iBERA, a liquid staking solution for its native token BERA. With iBERA, users can stake their BERA tokens and earn staking rewards while maintaining liquidity by receiving an equivalent amount of liquid tokens known as iBERA. This allows users to benefit from staking rewards while also having the flexibility to use their assets elsewhere in the DeFi ecosystem. iBERA is designed to provide users with several key benefits, including: - Increased liquidity: Users can instantly swap their iBERA tokens for BERA, allowing them to access liquidity for other DeFi activities without having to wait for an unbonding period. - Enhanced earning potential: iBERA provides a dual收益 stream, combining staking rewards with the potential for yield farming or liquidity provision. - Lower risk: iBERA mitigates the risk of slashing, which can occur when validators misbehave. Infrared Finance handles all staking operations, ensuring the security and reliability of the process. With the launch of iBERA, Infrared Finance aims to provide VeraChain users with a convenient and rewarding way to participate in the Proof-of-Stake consensus mechanism and earn passive income on their BERA holdings.