Is the Infrared project about to launch a token? Judging by the recent reposts from the official account, it’s basically been confirmed.
This protocol previously raised $18 million in funding, with Framework Ventures and YZI Labs leading the round, plus over twenty other institutions participating. Its position in the Berachain ecosystem is quite crucial—as a liquidity infrastructure, it controls the allocation of more than half of the PoL rewards across the entire chain, and its BGT circulation accounts for over 70%.
A protocol of this scale holding a TGE is likely to have some impact on the overall liquidity landscape of the ecosystem.
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HackerWhoCares
· 28m ago
Institutional buying has already begun.
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TooScaredToSell
· 15h ago
This round of financing has sufficient gold content
Is the Infrared project about to launch a token? Judging by the recent reposts from the official account, it’s basically been confirmed.
This protocol previously raised $18 million in funding, with Framework Ventures and YZI Labs leading the round, plus over twenty other institutions participating. Its position in the Berachain ecosystem is quite crucial—as a liquidity infrastructure, it controls the allocation of more than half of the PoL rewards across the entire chain, and its BGT circulation accounts for over 70%.
A protocol of this scale holding a TGE is likely to have some impact on the overall liquidity landscape of the ecosystem.