The oAC-LP vault accepts deposits denominated in the underlying LP-Tokens.
Infrared Finance is a DeFi protocol building the infrastructure to enhance the composibility of the novel Proof of Liquidity mechanism powering incentives on Berachain. Infrared's $iBGT is a liquid wrapped tradeable token representing a claim on the underlying soulbound native governance $BGT token emitted by Berachain for POL participation. Berachain's $BGT which is primarily for boosting validator rewards accounts for a 10% annual inflation rate to the yield emitted prorated and is always redeemable 1:1 for BERA.
Liquidity providers in Kodiak Whitelisted Vaults who stake on Infrared earn rewards in the form of $iBGT. By depositing into the oAC wBERA-HONEY Vault, users are able to autocompound their LP positions without the need for manual management. Rewards are automatically converted into more of the underlying LP tokens.
