πŸ“•LrBGT

$LrBGT, your $iBGT printing machine.

1. Overview

What is LrBGT?

LrBGT is a Liquid Restaking Token (LRT) built on top of iBGT, designed to maximize yields through automated compounding and strategic liquidity provision. By creating an LRT for iBGT, LrBGT aims to attract Infrared users while capturing a portion of iBGT's high APR as protocol fees.

Through various Proof of Liquidity (PoL) Vaults, the system farms additional iBGT to compound returns, effectively converting APR into APY. The protocol can utilize multiple LP pools that pair WBERA with different assets (such as LAIR, iBERA, iBGT, or other tokens), providing flexibility and diverse yield opportunities.

Key Benefits:

  • Automated Compounding: Convert iBGT staking APR into APY through automatic reinvestment

  • Multiple Revenue Streams: Earn from iBGT staking, LP farming, and compounding effects

  • Flexible LP Strategies: Support for various WBERA-paired liquidity pools

  • Flexible Deposits: Support for both single-asset and multi-asset deposits

  • No Lock-up Period: Withdraw your assets anytime by burning LrBGT tokens

Last updated