Infrared has launched a new iBGT market on Pendle, effective September 25.
In simple terms, if you expect iBGT yields to rise and can obtain a higher point value, you can purchase YT-iBGT to increase leveraged exposure. However, it is important to note that after the end, the principal value will return to zero, and you will receive accumulated yields and points. Currently, Infrared anticipates a Q3 TGE, so perhaps now is an opportunity for those looking to become Airdrop Farmers.
Of course, considering that Infrared is somewhat isolated in the Berachain ecosystem, you can purchase PT-iBGT to lock in current yields at a discount below market price, thereby protecting your yields when they decline. Currently, holding until maturity can yield approximately 29.47%.
For neutral or temporarily cautious users, you can earn yields through LP iBGT, with the current APY around 250%, earning HONEY WBERA iBGT Pendle and 2x Infrared points.
Additionally, it is worth mentioning that as the largest protocol on Berachain, Infrared not only provides an exceptional PoL experience but has also put significant effort into security, having completed 10 comprehensive security audits and undergone multiple contract reviews from Zellic and Spearbit. The iBERA unlock is also about to go live and is currently undergoing a full-process security audit.
A new iBGT market is live on @pendle_fi!
Users can now provide liquidity, speculate on iBGT yields, and get a 2x Infrared Point multiplier.
This market has a 3-month maturity.

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