Berachain Ecosystem Liquidity Staking Protocol Infrared has announced a Rewards Program, scheduled to launch in Q3.

BlockBeats News, April 24th, according to The Block, Infrared Finance, a liquidity staking protocol built on Berachain, has launched a points program to incentivize user participation before the token's launch.

This program includes retroactive rewards for early users, and the supply of points is not fixed, but will be dynamically allocated based on eligible activities.

Eligible activities include contributing to the liquidity proof-of-reserve treasury of Infrared, providing liquidity for key trading pairs on decentralized exchanges (such as Kodiak and BEX), and staking iBGT and iBERA – which are the liquidity staking tokens provided by Infrared for Berachain's BGT and BERA tokens. Infrared stated that the longer users stake or provide liquidity on the protocol, the more points they will receive.

These points will eventually be redeemable for Infrared's upcoming native token, and the exact exchange rate will be announced closer to the Token Generation Event (TGE). Infrared plans to launch its token in the third quarter of this year, with the specific timing depending on market conditions and other relevant factors.