{"id":"infrared-bera-ibera","title":"Infrared Bera (iBERA)","content":"**Infrared BERA (iBERA)** is a [liquid staking](https://iq.wiki/wiki/liquid-staking) token (LST) for BERA, the native [gas](https://iq.wiki/wiki/gas) and [staking](https://iq.wiki/wiki/staking) token of the [Berachain](https://iq.wiki/wiki/berachain) [blockchain](https://iq.wiki/wiki/blockchain). It enables users to stake their BERA tokens while maintaining liquidity and automatically compounding staking rewards. [[1]](#cite-id-0CrMeYMg8L) [[7]](#cite-id-Znr2A3km1w) [[8]](#cite-id-fgKzQcUExQ)\n\n## Overview\n\nInfrared Bera functions as an index token within the [Berachain](https://iq.wiki/wiki/berachain) ecosystem, allowing users to participate in the network's [Proof of Liquidity](https://iq.wiki/wiki/pol-proof-of-liquidity) [consensus mechanism](https://iq.wiki/wiki/consensus-mechanism) without sacrificing token liquidity. When users stake BERA with Infrared, they receive iBERA tokens in return, which represent their staked position plus accumulated rewards. The value of iBERA increases over time relative to BERA as [staking](https://iq.wiki/wiki/staking) rewards are automatically compounded into the token's value.\n$$widget0 [YOUTUBE@VID](https://www.youtube.com/watch?v=O48h1uTzaaI)$$\nThe platform is designed to simplify interaction with [Berachain's](https://iq.wiki/wiki/berachain) [Proof of Liquidity](https://iq.wiki/wiki/pol-proof-of-liquidity) mechanism through [liquid staking](https://iq.wiki/wiki/liquid-staking) products. This approach allows token holders to maintain exposure to BERA's value while simultaneously earning [staking](https://iq.wiki/wiki/staking) rewards. The yield generated through staking is realized either through iBERA's price appreciation against BERA or by withdrawing from the system.\n\nAs a [liquid staking](https://iq.wiki/wiki/liquid-staking) solution, iBERA addresses one of the primary limitations of traditional staking: the lack of capital efficiency. By tokenizing staked positions, Infrared enables users to utilize their staked assets in other [DeFi](https://iq.wiki/wiki/defi) applications while continuing to earn [staking](https://iq.wiki/wiki/staking) rewards. [[11]](#cite-id-JSSJBpUNcw) [[2]](#cite-id-Yd0mTTClP4) [[4]](#cite-id-dWB6g3tLT4) [[7]](#cite-id-Znr2A3km1w)\n\n## Technology\n\n### Staking Mechanism\n\niBERA employs a rebasing mechanism where the token's value increases relative to BERA as [staking](https://iq.wiki/wiki/staking) rewards accumulate. This happens through periodic \"sweep events\" where rewards are collected and distributed to iBERA holders. Unlike fixed reward rate systems, iBERA's rewards are directly tied to [validator](https://iq.wiki/wiki/validator) activity on the [Berachain](https://iq.wiki/wiki/berachain) network.\n\nThe staking process works as follows:\n1. Users deposit BERA tokens into the Infrared protocol\n2. They receive iBERA tokens representing their staked position\n3. The protocol delegates these BERA tokens to validators\n4. Staking rewards are periodically swept and reflected in iBERA's value\n5. Users can redeem their iBERA for the original BERA plus accumulated rewards at any time\n\n### APR Calculation\n\nThe Annual Percentage Rate (APR) for iBERA is calculated differently from other [staking](https://iq.wiki/wiki/staking) products. Instead of a fixed reward rate, the APR is determined by:\n1. Monitoring the time elapsed between sweep events\n2. Measuring the percentage increase in value from each sweep event\n3. Annualizing rewards based on sweep frequency by scaling the total reward from the last sweep event\n\nThis approach ensures that the APR reflects the most up-to-date reward distributions based on actual [validator](https://iq.wiki/wiki/validator) performance.\n\niBERA has a [circulating supply](https://iq.wiki/wiki/circulating-supply) that represents 100% of the total supply.\n\nUnlike some [cryptocurrencies](https://iq.wiki/wiki/cryptocurrency) with fixed maximum supplies, iBERA's supply can increase as more BERA tokens are staked through the platform. The token's value is directly backed by the staked BERA and the accumulated [staking](https://iq.wiki/wiki/staking) rewards. [[2]](#cite-id-Yd0mTTClP4) [[3]](#cite-id-MiaJaxpxSR) [[4]](#cite-id-dWB6g3tLT4) [[7]](#cite-id-Znr2A3km1w) [[9]](#cite-id-BwbRGNPtN8)\n\n## Technical Integration\n\nInfrared provides comprehensive documentation for developers looking to integrate with the iBERA ecosystem. The platform offers:\n1. [Smart contract](https://iq.wiki/wiki/smart-contract) APIs for programmatic interaction with the protocol\n2. Integration guides for various components including [staking](https://iq.wiki/wiki/staking) pools\n3. Contract deployment information for different environments\n4. Price feed mechanisms for accurate token valuation\n\nThese resources enable third-party applications to build on top of the iBERA [liquid staking](https://iq.wiki/wiki/liquid-staking) solution, expanding its utility within the broader [Berachain](https://iq.wiki/wiki/berachain) ecosystem. [[10]](#cite-id-msiq3hK4wB) [[1]](#cite-id-0CrMeYMg8L)\n\n## Berachain\n\niBERA is intrinsically linked to the [Berachain](https://iq.wiki/wiki/berachain) [blockchain](https://iq.wiki/wiki/blockchain), as it represents staked BERA tokens. Berachain is a relatively new blockchain platform that utilizes a [Proof of Liquidity](https://iq.wiki/wiki/pol-proof-of-liquidity) [consensus mechanism](https://iq.wiki/wiki/consensus-mechanism), differentiating it from the more common [Proof of Stake](https://iq.wiki/wiki/proof-of-stake) or [Proof of Work](https://iq.wiki/wiki/proof-of-work-pow) systems.\n\nThe Infrared platform, which issues iBERA, serves as a key infrastructure provider for [Berachain](https://iq.wiki/wiki/berachain), enabling more efficient capital utilization within the ecosystem. By allowing BERA holders to stake their tokens while maintaining liquidity, Infrared contributes to the overall security and decentralization of the Berachain network while enhancing capital efficiency.\n\niBERA operates in the growing [liquid staking](https://iq.wiki/wiki/liquid-staking) token (LST) sector, which includes similar products across various [blockchain](https://iq.wiki/wiki/blockchain) ecosystems. While iBERA is specifically designed for Berachain, it competes conceptually with other liquid staking solutions such as Lido's [stETH](https://iq.wiki/wiki/lido-staked-ethereum-steth) (for [Ethereum](https://iq.wiki/wiki/ethereum)), Marinade's [mSOL](https://iq.wiki/wiki/marinade-staked-sol-msol) (for [Solana](https://iq.wiki/wiki/solana)), and various other blockchain-specific LSTs.\n\nThe primary differentiating factor for iBERA is its focus on Berachain's unique [Proof of Liquidity](https://iq.wiki/wiki/pol-proof-of-liquidity) [consensus mechanism](https://iq.wiki/wiki/consensus-mechanism), which creates specific requirements and opportunities for staking that may differ from other [blockchain](https://iq.wiki/wiki/blockchain) networks. As [Berachain](https://iq.wiki/wiki/berachain) continues to develop its ecosystem, iBERA's position within the broader LST market will likely evolve accordingly.\n\n## Smart Contract Implementation\n\niBERA is implemented as an [ERC-20](https://iq.wiki/wiki/erc-20) compatible token on the Berachain [blockchain](https://iq.wiki/wiki/blockchain). The token contract is deployed on the Berachain network, allowing for seamless integration with compatible [wallets](https://iq.wiki/wiki/cryptocurrency-wallet) and [decentralized applications](https://iq.wiki/wiki/decentralized-application).\n\nThe [smart contract](https://iq.wiki/wiki/smart-contract) implementation includes functionality for:\n- Minting new iBERA when BERA is staked;\n- Burning iBERA when staked BERA is withdrawn;\n- Tracking and distributing staking rewards;\n- Managing the exchange rate between BERA and iBERA.\n\nThese functions enable the core [liquid staking](https://iq.wiki/wiki/liquid-staking) capabilities that define iBERA's utility within the [Berachain](https://iq.wiki/wiki/berachain) ecosystem. [[1]](#cite-id-0CrMeYMg8L) [[2]](#cite-id-Yd0mTTClP4) [[3]](#cite-id-MiaJaxpxSR) [[4]](#cite-id-dWB6g3tLT4) [[5]](#cite-id-rPlI52PQ5A) [[6]](#cite-id-zqQIgtEjSl) [[7]](#cite-id-Znr2A3km1w) [[8]](#cite-id-fgKzQcUExQ) [[9]](#cite-id-BwbRGNPtN8) [[10]](#cite-id-msiq3hK4wB)","summary":"Infrared Bera (iBERA) is a liquid staking token for BERA, Berachain’s gas and staking token, enabling users to earn rewards while maintaining liquidity.","images":[{"id":"QmTYa3WBMDA5YZ9f916zEe9VchB8PHWX9Ghsz4E6DUYFya","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"cryptocurrencies"}],"tags":[{"id":"Ethereum"},{"id":"DEXes"},{"id":"Marketplaces"},{"id":"Protocols"}],"media":[{"id":"QmYJVvetzSpYAyaP37QcC6XaMH4ma8JpguK8ZpNEn7YLXv","name":"1_hf8eq9TmHpA9TOcE6Au-6w.png","caption":"","thumbnail":"QmYJVvetzSpYAyaP37QcC6XaMH4ma8JpguK8ZpNEn7YLXv","source":"IPFS_IMG"},{"id":"QmcCHADqk5oedsgScJVBmBUaTCByrxPvjCgCggnPYyeirT","name":"Design sem nome (1).png","caption":"","thumbnail":"QmcCHADqk5oedsgScJVBmBUaTCByrxPvjCgCggnPYyeirT","source":"IPFS_IMG"},{"id":"QmUKGNoKjw1cmrNRvxfoeWncsoseeEeFvNXPGubSyUV3hr","name":"ibera-hero.webp","caption":"","thumbnail":"QmUKGNoKjw1cmrNRvxfoeWncsoseeEeFvNXPGubSyUV3hr","source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=O48h1uTzaaI","name":"O48h1uTzaaI","caption":"","thumbnail":"https://www.youtube.com/watch?v=O48h1uTzaaI","source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[{\"id\":\"0CrMeYMg8L\",\"url\":\"https://infrared.finance/docs/ibera\",\"description\":\"Official documentation\",\"timestamp\":1744313236930},{\"id\":\"Yd0mTTClP4\",\"url\":\"https://cryptorank.io/price/infrared-bera\",\"description\":\"CryptoRank information\",\"timestamp\":1744313236930},{\"id\":\"MiaJaxpxSR\",\"url\":\"https://infrared.finance/docs/ibera#apr-calculation\",\"description\":\"APR calculation documentation\",\"timestamp\":1744313236930},{\"id\":\"dWB6g3tLT4\",\"url\":\"https://infrared.finance/docs/ibera#how-the-apr-is-calculated\",\"description\":\"Official APR calculation method\",\"timestamp\":1744313236930},{\"id\":\"rPlI52PQ5A\",\"url\":\"https://infrared-dao.github.io/infrared-contracts\",\"description\":\"Smart contract APIs documentation\",\"timestamp\":1744313236930},{\"id\":\"zqQIgtEjSl\",\"url\":\"https://infrared.finance/docs/berachain\",\"description\":\"Berachain documentation\",\"timestamp\":1744313236930},{\"id\":\"Znr2A3km1w\",\"url\":\"https://medium.com/@infraredfinance/introducing-ibera-a-liquid-staking-solution-for-bera-bccf79f2a4b9\",\"description\":\"Infrared Finance Medium article\",\"timestamp\":1744313236930},{\"id\":\"fgKzQcUExQ\",\"url\":\"https://berascan.com/token/0x9b6761bf2397Bb5a6624a856cC84A3A14Dcd3fe5\",\"description\":\"Berascan token page\",\"timestamp\":1744313236930},{\"id\":\"BwbRGNPtN8\",\"url\":\"https://infrared.finance/docs/developers/contract-deployments\",\"description\":\"Contract deployment documentation\",\"timestamp\":1744313236930},{\"id\":\"msiq3hK4wB\",\"description\":\"CoinGecko: Infrared Bera\",\"timestamp\":1744314471258,\"url\":\"https://www.coingecko.com/en/coins/infrared-bera\"},{\"id\":\"JSSJBpUNcw\",\"description\":\"Dropstab: Infrared Bera\",\"timestamp\":1744314518157,\"url\":\"https://dropstab.com/coins/infrared-bera\"}]"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/infrared-bera"},{"id":"contract_url","value":"https://berascan.com/token/0x9b6761bf2397Bb5a6624a856cC84A3A14Dcd3fe5"},{"id":"twitter_profile","value":"https://twitter.com/infraredfinance"},{"id":"website","value":"https://infrared.finance/"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmUW5Rw1ersvWvaxZ6XQFoPhTDRweAbvyMmRresBWoFLLU\""},{"id":"commit-message","value":"\"Republished the Infrared Bera (iBERA) wiki with updated content and embedded video.\""},{"id":"previous_cid","value":"QmUW5Rw1ersvWvaxZ6XQFoPhTDRweAbvyMmRresBWoFLLU"}],"events":[],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"language":"en","version":1,"linkedWikis":{"blockchains":["berachain"],"founders":[],"speakers":[]}}