Introducing staked IR, an easy way to earn yield from Infrared protocol revenue.
The yield for stakers is sourced from Infrared's protocol revenue, a portion of which is used for IR buybacks.
These repurchased tokens are then distributed back to staked IR holders, creating a flywheel that rewards stakers as Infrared grows.
The launch of sIR is part of a broader set of features designed to drive economic activity on Berachain.
We will also introduce a Dutch auction system soon that allows other protocols to bid for BGT emissions using IR.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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