Infrared PriceIR

Infrared (IR) is the native utility and governance token of the Berachain ecosystem, designed to power its unique Proof-of-Liquidity (PoL) consensus mechanism.

Key takeaways

• Infrared (IR) is the native token of the Berachain blockchain, a high-performance, EVM-compatible L1 focused on DeFi liquidity.
• It operates on a novel Proof-of-Liquidity (PoL) consensus, where validators stake liquidity instead of just the native token.
• The token has a maximum supply of 1,000,000,000 (1 billion) IR.
• IR is used for paying network gas fees, participating in governance, and securing the chain through the PoL mechanism.
• You can trade IR via spot and perpetual futures contracts on platforms like BTCC.

What is Infrared? Key Specifications & Tokenomics

Infrared (IR) is the fundamental cryptocurrency of the Berachain network, a Layer 1 blockchain built for decentralized finance. It is central to the network's operations, security, and governance.

Who created Infrared (IR)?

Infrared and the broader Berachain ecosystem were developed by an anonymous team known for its "Bong Bears" NFT collection. The project is community-driven and overseen by a decentralized autonomous organization (DAO). The team's vision was to create a blockchain that deeply integrates liquidity and DeFi mechanics at its core, moving beyond traditional Proof-of-Stake (PoS) models. This led to the innovative design of the Proof-of-Liquidity consensus, with IR serving as the essential fuel for this new system.

How does Infrared (IR) work?

Infrared functions as the lifeblood of the Berachain network. Its primary role is tied to the unique Proof-of-Liquidity (PoL) consensus mechanism.

• Gas and Transactions: Like ETH on Ethereum, IR is used to pay for transaction fees (gas) when interacting with applications on Berachain. This includes deploying smart contracts, swapping tokens, and providing liquidity.
• Proof-of-Liquidity (PoL): This is where IR's role becomes unique. In PoL, validators secure the network by staking liquidity in various decentralized exchanges (DEXs) on Berachain, not just by staking IR tokens alone. This design aims to align validator incentives directly with the health and depth of the chain's DeFi ecosystem. IR is the base asset paired in these liquidity pools.
• Network Security: The requirement to stake liquidity creates a strong economic security model. Validators have a vested interest in maintaining robust and liquid markets on the chain, as their rewards and the security of their stake are linked to it.

What makes Infrared (IR) unique and valuable锛>

Infrared's value proposition is intrinsically linked to Berachain's novel architecture, which sets it apart from other Layer 1 blockchains.

• Proof-of-Liquidity Consensus: This is its flagship innovation. By requiring validators to stake liquidity, Berachain directly bootstraps and sustains its DeFi ecosystem from the base layer. This creates a powerful flywheel where network security and DeFi liquidity grow together.
• Deep DeFi Integration: IR isn't just a governance or fee token; it's a core component of the chain's economic engine. Its demand is driven by its necessity for gas fees and its central role in the liquidity pools that validators must create and maintain.
• EVM Compatibility: Despite its novel consensus, Berachain is fully compatible with the Ethereum Virtual Machine (EVM). This allows developers to easily port their existing Ethereum dApps to Berachain, leveraging its high throughput and integrated liquidity, with IR as the native gas token.
• Fixed Supply: With a capped maximum supply of 1 billion tokens, IR has a defined scarcity model. Its value accrual is tied to the adoption and usage of the Berachain network.

What is Infrared (IR) used for?

The IR token has several critical utilities within the Berachain ecosystem:

• Network Fees: Paying for transaction execution and smart contract interactions on the Berachain blockchain.
• Chain Security: Serving as the primary asset in the liquidity pools that validators must stake to participate in the Proof-of-Liquidity consensus and earn rewards.
• Governance: IR token holders will likely have the right to participate in the governance of the Berachain protocol, voting on key upgrades, parameter changes, and treasury management.
• Medium of Exchange: Acting as the base trading pair and unit of account within Berachain's native DeFi applications.

How to buy IR Coin?

1. Register a BTCC Account: Sign up using your email or phone number and complete the KYC verification process to access all platform features and benefits. (How to buy USDT on BTCC)
2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account. (How to buy USDT on BTCC)
3. Start Trading: Navigate to the trading section and search for the spot trading pair IR/USDT or the perpetual futures contract IRUSDT.
4. Place an Order: Enter the amount of IR you wish to purchase and submit your order. For futures trading, you can also open short (sell) positions and adjust leverage according to your strategy.
5. Confirm Your Purchase: For spot trades, check your asset wallet to confirm the IR tokens have been credited. For futures trades, verify your open position on the trading interface.