Pendle has announced the official launch of Berachain, becoming the eighth chain in its ecosystem

Blockbeats

03-27

BlockBeats News, March 27, According to official sources, Pendle has announced the official launch of Berachain, becoming the eighth blockchain to be developed. The first pools to go live include Infrared's iBGT and iBERA markets, which are enhanced versions of the $BGT and $BERA assets, respectively.

iBGT allows earning bear-chain POL governance bribes and currently boasts an underlying yield of 220%. As of the time of writing:

The iBGT pool has $300,000 in liquidity, with a maximum APR of 633%

The iBera pool has $176,000 in liquidity, with a maximum APR of 474%

Other assets launched simultaneously include sUSDe, USDe, and eBTC.

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