Last time I posted a mining post on Infrared, now let's update the Infrared project. The BeraChain ecosystem has not performed very well recently, as the Bera token has fallen too badly, and the TVL of the entire chain has decreased by 31.5% within a month. Although Infrared overall follows BeraChain's performance, its performance is still slightly better than the entire chain. The day before yesterday, Infrared officially released a picture of its ecosystem, which shows a project in collaboration with Infrared. Although the current overall market environment is not favorable, in terms of the number and diversity of collaborations, Infrared's ecological layout is still steadily expanding. The second noteworthy feature is: Infrared v1.5 Before discussing Infrared v1.5, let's talk about v1.4 first. The problem solved by v1.4 is the upper limit of revenue. In the early days, Infrared only boosted self operated nodes, but Berachain's PoL mechanism had a diminishing return design: after boosting to a certain amount, continuing to add BGT would almost no longer produce any output, which was equivalent to wasting money. So v1.4 made an important optimization: 1) Extend Boost to external validators, so that excess BGT is no longer wasted; 2) After decentralized Boost, the overall incentive output increases; 3) At the same time, it also promotes the decentralized development of Berachain validators; If Infrared v1.4 has enabled the revenue cap, then v1.5 optimizes the stability and efficiency of revenue distribution. There are two main points to upgrading to Infrared v1.5: 1) Users can now cast iBGT through Berachain's set operator function. So now the earned BGT can be directly cast into iBGT. The internal reward auction process of Infrared has been upgraded to an automated Keeper system, reducing slippage between iBGT reward auctions. 2) More importantly, Infrared now dynamically calculates the optimal Boost interval for each validator through on chain data and revenue models, and automatically assigns BGT to the location with the highest revenue efficiency. V1.5 is a version that further enhances user availability and incentive allocation efficiency based on the successful extension of the validator strategy in v1.4, and strengthens the flywheel effect. In summary, v1.4 is about making the cake bigger, while v1.5 is about cutting the cake more accurately. The third noteworthy point is the article published by Infrared the night before, mainly about the debate on the POL mechanism causing the decline of BERA. BeraChain has three highly anticipated proposals, namely v1.1, v1.2, and v1.3 The v1.3 proposal has two core contents: 1) Thoroughly remove BGT to stimulate market demand for BERA; 2) If BGT cannot be deleted, then delete BGT-LST, such as IBGT, LBGT, etc; Regardless of which one, it will cause a BeraChain earthquake, so Infrared calls for: 1. Linking PoL incentives with economic utility. Taking Kodiak's autoBGT as an example, demonstrate how to link BGT emissions with the profitability of trading pairs, thereby enhancing high-frequency trading incentives without violating the free market principles of PoL. 2. A framework is proposed to guide emission direction through voting, with BGT holders voting to determine which trading pairs can receive incentives, directing incentives towards the "high-efficiency benefit pool" and making incentive distribution more closely aligned with real market impacts. 3. Strengthen the liquidity coordination of mainstream trading pairs and call for directing 10-15% of BGT emissions towards mainstream pairs (such as BERA/HONEY, BERA/stablecoin, high-frequency EVM pairs) to address the current problem of "mainstream liquidity depletion". 4. Encourage the use of non BERA tokens as incentives. To alleviate BERA selling pressure, it is recommended to use more "economic anchor assets" such as BTC, ETH, HONEY, BGT derivatives as incentive valuation units. 5. Restart and refine the Grants (Ecological Incentives) program. It is recommended to reactivate and expand the RFA (Request for Application) mechanism, provide targeted support for key ecological components, and solve the paradox of "ecology first or incentives first". Although BeraChain is currently facing the dual challenges of TVL decline and token selling pressure, Infrared is actively participating in larger scale systematic discussions while continuously optimizing protocol mechanisms and expanding cooperation ecosystems. Although Infrared is currently struggling to break away from the downward cycle of the BeraChain environment, it remains the most noteworthy project on this chain from the continuous promotion of ecological cooperation and the gradual improvement of iBGT architecture.