Infrared Finance has launched an on-chain Dutch auction designed to allocate Berachain BGT incentive allocations to participating protocols. In this mechanism, protocols bid using IR to acquire validators’ rights to BGT incentives, in 36-hour rounds that descend in price, as described in the project’s official announcement. Mechanically, protocols must accumulate and spend IR to secure emission rights, converting IR into a coordination and payment asset used for yield distribution. The setup could create persistent demand for IR among protocols seeking incentives, while also locking up or redistributing IR supply, potentially increasing price sensitivity around auction participation and Berachain ecosystem activity.
Additionally, winners receive a CuttingBoardNFT that grants 14 days of dynamic control over the flow of BGT incentives to the corresponding validators. Infrared Finance has launched an on-chain Dutch auction designed to allocate Berachain BGT incentive allocations to participating protocols. In this mechanism, protocols bid using IR to acquire validators’ rights to BGT incentives in 36-hour rounds that descend in price, as described in the project’s official announcement. Mechanically, participants must accumulate and spend IR to secure emission rights, converting IR into a coordination and payment asset used for yield distribution.
The setup could create persistent demand for IR among protocols seeking incentives, while also locking up or redistributing IR supply, potentially increasing price sensitivity around auction participation and Berachain ecosystem activity. Additionally, winners receive a CuttingBoardNFT that grants 14 days of dynamic governance over the flow of BGT incentives to the corresponding validators, introducing an NFT-based control layer over reward distributions. Infrared Finance has launched an on-chain Dutch auction designed to allocate Berachain BGT incentive allocations to participating protocols. In this mechanism, protocols bid using IR to acquire validators’ rights to BGT incentives in 36-hour rounds that descend in price, as described in the project’s official announcement.
Mechanically, participants must accumulate and spend IR to secure emission rights, converting IR into a coordination and payment asset used for yield distribution. The setup could create persistent demand for IR among protocols seeking incentives, while also locking up or redistributing IR supply, potentially increasing price sensitivity around auction participation and Berachain ecosystem activity. Additionally, winners receive a CuttingBoardNFT that grants 14 days of dynamic governance over the flow of BGT incentives to the corresponding validators, introducing an NFT-based control layer over reward distributions.
Infrared Finance has launched an on-chain Dutch auction designed to allocate Berachain BGT incentive allocations to participating protocols. In this mechanism, protocols bid using IR to acquire validators’ rights to BGT incentives in 36-hour rounds that descend in price, as described in the project’s official announcement.
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