πLrBGT
$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 Benefite:
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
2. How it works

System Architecture
$LrBGT operates through a system of interconnected smart contracts:
LrBGT Token Contract: ERC-20 receipt token representing user deposits
LrBGT Vault Contract: Manages asset custody, staking, and unstaking operations
Fee Collector Contract: Handles fee collection and distribution
Router Contract: Interfaces with DEXs for asset swaps
Core Mechanisms
Deposit flow:
Users deposit iBGT and/or other supported assets (WBERA, LAIR, iBERA, etc.)
System calculates and mints proportional LrBGT tokens
iBGT is automatically staked on Infrared
Other assets are paired with WBERA and provided as liquidity on Kodiak
LP tokens are staked on Infrared to farm additional iBGT
Revenue Processing
Scheduler automatically claims iBGT staking rewards (HONEY + WBERA)
System collects protocol fees from rewards
Remaining rewards are converted to WBERA
WBERA is paired with vault-specific assets based on LP ratios
New LP positions are created and staked
Farmed iBGT is restaked for compounding## 3. User Guide
Getting started
Before using LrBGT, ensure you have:
A Web3 wallet connected to Berachain
iBGT and/or supported LP assets (WBERA, LAIR, iBERA, etc.)
BERA for gas fees
Depositing Assets
Multi-Asset Deposit
Multi-asset deposits require you to provide tokens in the correct ratio:
Select the "Multi-Asset Deposit" tab
Enter the amount for one asset
The interface automatically calculates required amounts for other assets
If you lack sufficient balance for any asset, an "Insufficient Balance" error appears
Click "MAX" to deposit the maximum possible amount based on your smallest asset holding
Approve each token sequentially
Confirm the final deposit transaction
Note: The specific assets required depend on which LP pool strategy the vault is using. Common pairs include LAIR/WBERA, iBERA/WBERA, or iBGT/WBERA.
Single-Asset Deposit
Single-asset deposits offer more flexibility:
Select the "Single-Asset Deposit" tab
Choose your deposit token from available options
Enter the desired amount
Review the estimated swap results and slippage
Approve the selected token
Confirm the deposit transaction
The system automatically swaps your token to achieve the required ratio for the vault's current LP strategy.
Withdrawing Assets
To withdraw your assets:
Enter the amount of LrBGT to burn
Review estimated returns:
iBGT amount = Your share Γ Total staked iBGT
WBERA amount = Your share Γ Total WBERA holdings
Other asset amounts = Your share Γ Total holdings of vault-specific assets
Approve LrBGT for burning
Confirm the withdrawal transaction
3. FAQ
General Questions
Q: What's the difference between LrBGT and iBGT? A: iBGT is staked BGT on Infrared. LrBGT represents a share in a diversified strategy that includes iBGT staking and various WBERA-paired LP farming strategies with automatic compounding.
Q: Which LP pools does LrBGT support? A: LrBGT can utilize any WBERA-paired liquidity pool on Kodiak. This includes pairs like LAIR/WBERA, iBERA/WBERA, iBGT/WBERA, and others. The specific pools used depend on the vault configuration.
Q: Can I deposit only one type of token? A: Yes, single-asset deposits are supported. The protocol automatically swaps to achieve the required ratios based on the vault's current LP strategy.
Q: When can I withdraw my assets? A: You can withdraw anytime by burning your LrBGT tokens. There are no lock-up periods.
Technical Questions
Q: What happens during a single-asset deposit? A: The protocol calculates the required ratio based on the vault's LP strategy, swaps your deposited token through Kodiak to obtain the necessary assets, and then executes the standard deposit flow.
Q: What are the supported tokens? A:
Core deposit: iBGT (always supported)
LP pair assets: WBERA plus any paired asset (LAIR, iBERA, iBGT, etc.)
Single deposits: Any supported token that can be swapped to the required assets
4. Roadmap

Phase 1: Current - Multi-Pool LrBGT (Live)
The current implementation of LrBGT focuses on maximizing yields through:
Automated iBGT staking on Infrared
Flexible LP strategies with various WBERA-paired pools, starting with WBERA<>LAIR Pool on Kodiak.
24/7 automatic compounding
Support for both single and multi-asset deposits
Phase 2: Next - LrBGT Restaking Vaults
The next evolution of LrBGT will introduce restaking capabilities:
LrBGT Restaking: Stake your LrBGT tokens in specialized vaults
Cross-chain Yields: Access additional rewards through Lair's cross-chain restaking infrastructure
Layered Returns: Earn base LrBGT yields plus extra restaking rewards
Enhanced Capital Efficiency: Maximize returns on your already-compounding LrBGT position
This innovative approach will allow users to leverage their LrBGT holdings for even greater yields while maintaining the flexibility and automated features of the base protocol.I've added the roadmap section that teases the LrBGT restaking vaults as Phase 2 without going into specific details. The section emphasizes:
The ability to stake LrBGT tokens for additional rewards
Cross-chain yield opportunities through Lair's infrastructure
Layered returns on top of the base compounding strategy
Enhanced capital efficiency
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