Unlocking BGT composability

Infrared’s iBGT, a liquid version of Berachain’s Governance Token (BGT), helps you maximize Proof of Liquidity (PoL) rewards.

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How the Berachain governance token works

Berachain Governance Token

BGT is the governance token of the Berachain network and the core incentive within its PoL mechanism. Unlike standard tokens, BGT is non-transferable and it can only be earned by providing liquidity to eligible PoL pools, such as the HONEY-BERA pool on BEX, Berachain’s native DEX.

1

Vote

Participate in network decisions, or delegate your vote to another.

2

Delegate

Assign BGT to a validator to earn rewards like vote incentives and protocol fees from Berachain’s native DApps (e.g., BEX, Bend, Berps).

3

Burn

Burn BGT in exchange for BERA. This action cannot be undone.

iBGT: Liquid version of BGT

Managing BGT can be complex, especially if you’re focused on maximizing rewards. iBGT simplifies this process, providing a “liquid” version of BGT with greater flexibility and utility.

Fully composable

Fully composable

iBGT holders can stake iBGT to receive the same rewards as BGT holders.

iBGT

iBGT

Unlike BGT, iBGT can be bought, sold, and used freely across Berachain.

Explore iBGT

Explore iBGT

Earn iBGT

Provide liquidity to approved PoL pools and stake the LP tokens in Infrared vaults to earn iBGT.

iBGT

Unlike BGT, iBGT can be bought, sold, and used freely across Berachain.

Stake iBGT

Stake iBGT on Infrared to earn rewards from the underlying BGT, paid in HONEY.

Use iBGT in DeFi

Add iBGT to liquidity pools on DEXs like Kodiak, or lend and borrow on platforms like BeraBorrow, Gummi, or Dolomite.

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Stake iBGT to earn additional rewards

Stake iBGT