Recently, @InfraredFinance has made a lot of progress, but I believe two of them are very significant for holders and the future direction of Bearchain, so I suggest everyone pay attention. These two are the update of the Infrared ecosystem page and the upgrade to version 1.5. Next, I will explain them in detail. 1️⃣ Ecosystem Layout: A Strong Future through Collaboration Infrared has launched a brand new ecosystem page ( This ecosystem basically covers all the leading projects in the Berachain ecosystem, encompassing all DeFi tracks from lending to DEX. It shows how powerful Infrared's resources are. Regarding this ecosystem collaboration, there will be long-term positive feedback for Berachain and the ecosystem projects within Infrared. Everyone can observe how to maximize project and user benefits through this ecosystem relationship. 2️⃣ v1.5 Algorithm Upgrade: Dual Improvement in Efficiency and Returns The launch of Infrared v1.5 is a milestone in its technological advancement, focusing on optimizing efficiency and user experience. 1. The core optimization features of this 1.5 version: 1) Support for delegation through minting operators, allowing users to mint iBGT from non-staked head funds (like Bullish v2 and other vaults). 2) The auction process is now fully executed through an automated internal custodial system to minimize slippage associated with iBGT rewards and incentive tokens. 2. Why this algorithm innovation is necessary: There are mainly two reasons: Inflation leads to reduced returns: On Berachain, staking BERA tokens yields BGT, but as the staking amount increases, rewards gradually decrease, leading to potential returns being wasted. Each validator has an optimal return point: Each validator has a peak return point, and Infrared's algorithm aims to adjust the returns of all stakers to this optimal position. 3. Algorithm workflow: 1) Data collection: Collect on-chain data from all validators, reward vault conditions, and Berachain-related information. 2) Return calculation: Off-chain calculations determine the best BGT position for each validator, maximizing Infrared's returns. 3) Reward distribution: Adjust the "cutting board" reward vault data based on targets and accurately map for each Infrared validator. 4) On-chain execution: Optimize data is pushed to the chain via smart contracts, updating validator settings and reward distribution. This algorithm individually reviews each validator (whether internal or external) to ensure returns (such as total income and bribe income) are optimal. At the same time, it maximizes iBGT output while avoiding diminishing returns on the emission curve. 4. How returns are distributed and data conditions: Infrared optimizes BGT reward distribution through algorithms, cutting the share of inefficient validators and reallocating resources to the best-performing validators. This mechanism ensures that every BGT is utilized efficiently, enhancing the overall returns of the protocol. Before the launch of PoL, the focus is on maximizing the iBGT staking ratio; after launch, it shifts to accepting high bribes and top validators. Since the introduction of external validator support in version 1.4, the system's decentralization and efficiency have significantly improved. Data shows that bribe fees have increased by 27%, capturing 68% of potential incentives, and the annualized yield (APY) for iBGT staking remains stable at over 200%. This performance undoubtedly provides users with objective returns. 🤔 Personal Thoughts The iteration of the v1.5 algorithm version effectively drives the "flywheel effect": The more effective the BGT distribution, the higher the protocol's annualized yield ➡️ Higher annualized yield attracts more users ➡️ More users bring more liquidity ➡️ More liquidity deposited into the incentive vault ➡️ The incentive vault will release more iBGT. This positive flywheel not only reduces wasted returns but also provides new partners with the opportunity to allocate BGT to achieve optimal states. Looking forward to further iterations of the algorithm based on actual conditions; an APY of over 200% is indeed very attractive.