
3amClub|Mar 05, 2025 03:42
📢 Ma Yin Broadcast
Berachain's largest liquidity pledge agreement, Infrared, has completed a $14 million Series A financing round
🔹 The total financing amount reached 18.75M, led by Framework Ventures in this round, with participation from Citizen X, Halo Capital, NGC Ventures, and others
🔹 Adopting the SAFT (Future Token Simple Protocol) model for financing
🔹 Previously led by Binance Labs in 2.25M strategic round and 2.5M seed round
The role of Infrared in the Berachain ecosystem
• Launch iBGT&iBERA, corresponding to liquid staking versions of BGT (governance token) and BERA (gas token) respectively
Currently, TVL exceeds 1.7B and has become Berachain's largest DeFi protocol
Market trends
The Berachain mainnet was launched in February, but due to disputes over investor and internal holdings, the price of BERA has fallen by 57% since its issuance on February 6th
Berachain Infrared Flow Pledge DeFi iBGT iBERA
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