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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.