🔑 Infrared v1.8 is live!
This update brings several key improvements:
- $iBGT redemption is fully permissionless, allowing for instant exchange of $BERA
• Redemption is not yet available on the front-end UI, but is supported by the Infrared smart contract.
- Dynamic adjustment of minting & redemption fees to maintain efficiency and sustainability
- Voting incentives can be directly distributed using $iBGT, aligning better with ecological logic
- Multiple security fixes & operational upgrades to ensure greater stability
Infrared continues to strengthen the stability of $iBGT, making #PoL incentives more precise and enhancing future playability.
🐻 On-chain development continues to accelerate!
Introducing Infrared v1.8 🗝️
This upgrade strengthens iBGT peg stability, improves vote incentive distribution, and gives us more flexibility for future upgrades.
We're still cooking on @berachain.
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