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Binance Labs has invested in Infrared, a liquid staking protocol on Berachain

Infrared, a Berachain liquid staking protocol, has raised funds from Binance Labs. Infrared's mission is to maximize value capture within the Berachain network by offering user-friendly liquid staking solutions for $BGT and $BERA.

Infrared is currently under development and will go live on the Berachain V2 testnet soon. Previously, it raised $2.5M in a seed funding round backed by Synergis, Shima Capital, Tribe Capital, NGC Ventures, and others.

🔗 binance.com/en/blog/ecosystem/binance-labs-invests-in-infrared-to-grow-proof-of-liquidity-8075022596680958942

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Binance Labs has invested in Infrared, a liquid staking protocol on Berachain

Infrared, a Berachain liquid staking protocol, has raised funds from Binance Labs. Infrared's mission is to maximize value capture within the Berachain network by offering user-friendly liquid staking solutions for $BGT and $BERA.

Infrared is currently under development and will go live on the Berachain V2 testnet soon. Previously, it raised $2.5M in a seed funding round backed by Synergis, Shima Capital, Tribe Capital, NGC Ventures, and others.

🔗 binance.com/en/blog/ecosystem/binance-labs-invests-in-infrared-to-grow-proof-of-liquidity-8075022596680958942

Top 7 ICO socials: Telegram | Chat | X

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Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. “Once a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,” says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means it’s not controlled by any one organization. “It’s like a Google Doc that anyone can work on,” says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. “Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.”

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