

$IR (Infrared Finance) Analysis
Infrared (IR) is the governance and utility token of Infrared Finance, a core liquidity infrastructure protocol built on Berachain. The project is designed to optimize Berachain’s unique Proof-of-Liquidity (PoL) mechanism by offering liquid staking solutions and automated vaults.
Key Analysis Points:
* Core Value Proposition: Infrared simplifies how users interact with Berachain’s PoL. It allows users to stake assets and receive liquid staking tokens (LSTs), such as iBGT, which represent non-transferable governance tokens. This enables users to maintain their governance influence while staying liquid in the DeFi ecosystem.
* Market Performance:
* Post-Launch Correction: After reaching an all-time high of approximately $0.35 in late 2025, the token has entered a significant correction phase. It currently trades in the $0.06 – $0.08 range, representing a decline of over 75% from its peak.