🔸 Binance and Framework led a $18 million investment in a bear chain mining protocol @ InfraredFinance 🔸 It is worth mentioning that Infrared's TVL has reached 1.2 billion US dollars, but the mining APR is still 120%? 🔸 The mining profits are very good, the protocol has just been launched for a month, the status of the bear chain leader Dapp is reserved, and it is confirmed that our own token will also have such an Alpha protocol. Do we not consider early ambush? 🔻 Let's briefly introduce this project first. ▪️ The gameplay of Xiong Chain is: you hold a fund group LP, then pledge the LP tokens to the vault, and then you will mine BGT. ▪️ The gameplay of Infrared is: you hold the fund group LP, and then give the LP token to Infrared, who is responsible for pledging the LP to the vault, and then it can mine BGT. After he finishes digging, he will send you an iBGT 1:1. ▪️ What is the difference between BGT and iBGT BGT is soul bound, which some people don't like, so Infrared launched iBGT, a coin that can be traded, transferred, and used for Defi. After the introduction, let's start introducing how to interact. There are three ideas: providing LP, pledging iBGT, and pledging BERA for liquidity. Let's come together. 🔻 1/Provide LP Providing LP should be the most important interaction, as users' LP allows Infrared to directly accumulate more BGT. At present, Infrared has 5 pools that can mine iBGT. If you prefer stability, you can choose BYUSD-HONEY (20% APR), and if you prefer returns, you can choose WBERA-WBTC (120% APR). pond: https://infrared.finance/vaults (Note: BYUSD is PayPal's PYUSD, just changed to bear chain nickname) After confirming the pool, click the "BEX" button on the right to automatically navigate to the corresponding LP pool sub page. After adding liquidity, you can use LP tokens to complete staking in infrared. Your iBGT earnings have started to accumulate, check here: https://infrared.finance/portfolio 2/Pledge iBGT IBGT can be freely circulated, and you can sell it, use it for future Defi protocols, or pledge it. Staking iBGT can earn you HONEY profits, which come from two sources: the transaction fee income of the native Dapp on Xiong Chain and the future income of the validator nodes on Infrared. The current IBGT pledge APR is 104%: https://infrared.finance/ibgt 3/Liquidity Pledge BERA IBERA is an LST token, and by staking BERA, you can obtain iBERA 1:1: https://infrared.finance/ibera However, currently Infrared has not opened the option to release the pledge, so you cannot exchange iBERA back to BERA yet. This has also led to the decoupling of iBERA/BERA, currently 1 iBERA=0.9 BERA. Therefore, if you want to hold LST for the long term, you can directly use BERA to purchase iBERA and also get some profit margin. DYOR。 Swap aggregator: https://app. (oogabooga.io)/ The above is the interaction method of Infrared. After reading it, give it a thumbs up 😊～