๐ฅ Just got my hands on $IR โ Infrared Finance hit Binance Alpha today!
So what is this? Infrared is the flagship liquidity infrastructure protocol on Berachain, built around Proof-of-Liquidity (PoL). Think liquid staking + automated yield farming vaults in one click. They already dominate Berachain with $1.5B+ TVL within weeks of mainnet launch. Impressive.
๐ฐ Tokenomics:
- Total supply: 1B IR
- Circulating at TGE: ~205M (~20%)
- Governance token with 10% fee on PoL yields
๐๏ธ Team & Backing:
Pseudonymous founders (CEO "Raito") but battle-tested โ built through Berachain's Build-a-Bera incubator. The investor lineup is stacked:
- $18.75M raised (Seed + Strategic + Series A)
- Framework Ventures (Series A lead)
- Binance Labs, Hack VC, Tribe Capital, Animoca Ventures
โก Flow Intelligence (24h):
- $1.8M exchange inflow (neutral signal โ fresh TGE, expected distribution)
- No significant Smart Money accumulation yet โ still very early
๐ Current Price: ~$0.24 | Volume spike during launch phase
๐ฏ My Take:
Strong fundamentals โ backed by Tier-1 VCs, dominant position on Berachain, real product with massive TVL. The Berachain ecosystem narrative could drive momentum. Risk? Low circulating supply + fresh listing = high volatility. This is a speculative play on Berachain's growth story.
Worth a position? If you believe in Berachain โ yes, but size accordingly. Wait for some stabilization or DYOR for better entries.
