Amidst the fast-paced growth of the Berachain blockchain ecosystem, companies like eOracle and Infrared play a pivotal role by providing crucial data and liquid staking solutions. These innovations strengthen Berachain's position in the DeFi market.
Berachain and Its Features
Berachain is a high-performance, EVM-compatible blockchain that employs the Proof of Liquidity (PoL) mechanism. This aims to align network incentives by creating synergy between Berachain validators and ecosystem projects. Through this mechanism, users providing liquidity on governance-whitelisted venues earn a share of BGT tokens, which are used to direct emissions toward preferred pools and use cases.
Infrared's Role in the Ecosystem
Infrared is a key builder of infrastructure for Berachain's PoL mechanism. It offers liquid staking solutions, such as iBGT and iBERA tokens, along with node infrastructure and vaults to maximize asset potential. These products help users earn maximum staking rewards, driving growth and enhancing user experience across Berachain's ecosystem.
eOracle's Contribution to Berachain DeFi
eOracle provides data feeds for all native Berachain assets and supports Infrared's LST initiative. This enhances data security and reliability for DeFi applications, aiding Berachain's ecosystem by ensuring users access accurate and secure data.
Undeniably, eOracle and Infrared influence Berachain's development by offering advanced technologies to enhance ecosystem security and potential. These companies not only support existing innovations but also unlock new opportunities for DeFi on Berachain.
