Lair Finance and Infrared Finance have reached a cooperation, and LAIR tokens have risen by more than 22%.

Lair Finance announced the launch of the first iBGT-based re-staking token, LrBGT, jointly with Infrared Finance, a Berachain ecosystem head protocol, empowering the PoL reward mechanism and cross-chain ecosystem integration to build a Lair full-chain revenue hub.
Infrared Finance occupies a core position in Berachain's mobile pledge system with iBGT and other products. TVL exceeds 1 billion US dollars, accounting for nearly 60% of the whole network. After the release of the cooperation news, the price of LAIR rose rapidly, exceeding 22%.