eOracle Adds Support for Berachain & Infrared Native bArtio Assets

Jan 4, 2025

eOracle is providing all native asset data feeds live on bArtio (Berachain) & Infrared LSTs, supporting builders for day 1 mainnet launch.

What is Berachain?

Berachain is a high-performance, EVM-compatible blockchain that utilises a mechanism called Proof of Liquidity, aiming to align network incentives; creating strong synergy between Berachain validators and the ecosystem of projects.

What is Proof of Liquidity?

Proof of Liquidity (PoL) is a reward mechanism that aligns network incentives by creating synergy between Berachain validators, users, and ecosystem projects. Users who provide liquidity on Berachain governance-whitelisted venues earn a proportional share of BGT over time. They can then use their BGT's governance power to direct BGT emissions toward their preferred pools and use cases.

What is BGT and BERA?

BGT (Berachain Governance Token) is the main reward and governance token earned through Proof of Liquidity. Users and protocols earn BGT when they perform specific actions on chain, such as providing BEX liquidity. BGT has a unique soulbound feature; once earned, it stays permanently linked to the earning address and cannot be transferred.

BERA serves as the network's gas token for transaction fees on Berachain, similar to ETH on Ethereum. Additionally, BERA enables validator staking, which strengthens the network's economic security and decentralization.

Introducing Infrared

Infrared is THE builder of infrastructure for Berachain's Proof of Liquidity (PoL) mechanism. The protocol offers simple liquid staking solutions for BGT and BERA tokens (iBGT & iBERA), along with node infrastructure and vaults to help users maximize value. By focusing on PoL solutions, Infrared aims to enhance user experience and drive growth across the Berachain ecosystem.

What is iBGT and iBERA?

iBGT is a liquid wrapper for BGT tokens, backed 1:1 by BGT. While BGT cannot be staked for iBGT and iBGT cannot be converted back to BGT, holders can still stake their tokens through Infrared's staking vault and earn all associated BGT rewards.

iBERA is a liquid staking solution for BERA, Berachain's native token. It maintains a 1:1 backing with BERA, which is staked through Infrared's validator set. Users can deploy their iBERA across DeFi applications for lending, borrowing and trading. Given the high demand for BERA staking, iBERA makes participation accessible to users who want to stake BERA but lack the technical expertise or resources to operate a validator node.

Infrared and eOracle: Powering the Berachain DeFi Ecosystem

The Berachain ecosystem is growing rapidly, fueled by significant interest from both builders & retail throughout 2024 and in to 2025. At the heart of this growth is Infrared, a crucial component of Berachain's Proof of Liquidity (PoL) mechanism. Infrared offers liquid staking products such as iBGT and iBERA, enabling users to maximize their BGT and BERA rewards.

However, for DeFi to truly thrive, it needs access to reliable and secure data. Enter eOracle - launching on Berachain testnet early on, the focus is to offer data feeds for all native Berachain assets from mainnet day 1. With eOracle’s expansion into supporting LSTs for the backbone of the Berachain ecosystem; Infrared - eOracle are dedicated to helping the ecosystem grow and function seamlessly through reliable & secure data feeds.

With the expansion into Infrared LST’s eOracle provides Berachain with:

  • Essential Data Feeds: eOracle is now providing data feeds for all Berachain native assets ($HONEY, $WBERA) and Infrared LSTs (iBGT / iBERA / BERA).
  • Enhancing Security: By leveraging Ethereum validators, eOracle ensures tamper-proof and reliable data feeds, crucial for DeFi applications user experience and constant reliability.
  • Improving Data Accuracy: eOracle sources data from multiple sources through a battle-tested data aggregation process to guarantee accuracy.
  • Promoting Decentralization: eOracle's decentralized design eliminates single points of failure and censorship, creating a trustless solution where data is accessible and verifiable by anyone.

By providing secure, accurate and decentralized oracle services, eOracle is enabling Berachain's DeFi ecosystem to form strong roots to expand on from mainnet Day 1 and beyond.

eOracle: A Pioneer in the Oracle Landscape

eOracle is the most decentralized oracle network secured by 170,000+ stakers, 130 validators and $10B in staked ETH and also continues to be the largest AVS on Eigenlayer. eOracle's mission is to create a competitive oracle marketplace where anyone can independently provide or consume data directly. Similar to how permissionless AMMs revolutionized DeFi, the eOracle marketplace aims to introduce new opportunities to the ecosystem by enabling users to build, provide and use data permissionlessly while leveraging the security and benefits of Ethereum.

eOracle’s pioneering vision on OVS’ (oracle validation services) represents not only a concept, but now a newly adopted evolution towards oracle solutions - which aims to make drastic steps towards making Web3 the new internet by bringing Web2 data flow specialization to the blockchain. eOracle’s makes it easier, cheaper and faster to implement a dedicated oracle solution for individual protocols, while also increasing security at the same time.

You can read more on the eOracle OVS vision and implementation here

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John Broadley