The opportunity for Berachain is finally about to become substantial.
On Thursday, @LairFinance officially announced its collaboration with Infrared to launch LrBGT, which is the LRT version of iBGT. Currently, the official website shows an annualized yield of up to 287%, allowing not only for $LAIR airdrops but also participation in PoL mining rewards.
Unlike other LRTs that are following the ETH-EL route, Lair is taking a different path with a cross-chain structure (Kaia + Berachain). Infrared provides LST, while Lair builds LRT and PoL. This architecture is just beginning, meaning what you see now is the earliest "traffic entry."
Don't treat this as a meme project; this is a significant move centered around the Berachain Restaking structure. In the future, whoever can control the liquidity entry will define the rules. Just as Convex is to Curve, today's Lair is the key on Berachain.
📣 PARTNERSHIP ANNOUNCEMENT 📣
@LairFinance 🤝 @InfraredFinance
It’s time to show what we’ve been cooking behind the scenes.
The FIRST LRT built exclusively on @berachain using @InfraredFinance's $iBGT 👉🏻 $LrBGT
So what the hell is $LrBGT? In the next thread👇
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