Lair Finance has reached a partnership with Infrared Finance, and the LAIR token has increased by over 22%

Lair Finance announced the joint launch of the first re-staking token LrBGT based on iBGT in collaboration with Infrared Finance, a leading protocol in the Berachain ecosystem, empowering the PoL reward mechanism and cross-chain ecological integration, building Lair's all-chain yield hub.

Infrared Finance occupies a core position in Berachain's liquid staking system with products like iBGT, with a TVL exceeding $1 billion, accounting for nearly 60% of the entire network. After the announcement of the collaboration, the price of LAIR rapidly surged, with an increase of over 22%.