Bedrock (CRYPTO: BR) — Company Overview, News & Financial Data
Bedrock is a multi-chain liquid staking and restaking protocol designed to unlock liquidity for digital assets including Bitcoin, Ethereum, and IoTeX.
Bedrock
About
Bedrock is a multi-chain liquid staking and restaking protocol designed to unlock liquidity for digital assets including Bitcoin, Ethereum, and IoTeX. The protocol issues liquid yield-bearing tokens, such as uniBTC, rockETH, and rockIOTX, allowing users to earn network validation and restaking yields while retaining capital mobility across decentralized finance ecosystems. Bedrock operates a dual-token governance framework powered by BR and veBR tokens, enabling community participants to vote on protocol parameters, direct reward emissions through gauge-based allocation, and support decentralized ecosystem growth across multiple integrated blockchain networks.
Snapshot
Operations
Products and/or services of Bedrock
- Liquid Bitcoin Staking: A protocol component that allows users to deposit Bitcoin or wrapped Bitcoin representations to receive uniBTC, a yield-bearing liquid restaking token that maintains liquidity while earning staking rewards across decentralized finance protocols.
- Liquid Ethereum Restaking: A restaking solution that enables users to stake Ethereum or wrapped Ethereum to mint rockETH, providing staking yields and restaking rewards while retaining token liquidity across multiple blockchain ecosystems.
- Liquid IoTeX Staking: A liquid staking solution enabling IoTeX holders to stake native IOTX tokens to receive rockIOTX, earning network validation yield while maintaining asset liquidity across decentralized finance platforms and applications.
- Governance Infrastructure: The BR token serves as the primary utility asset within the ecosystem, enabling holders to earn platform yield incentives, participate in liquid restaking, and convert holdings into voting power.
- Voting Escrow System: The veBR mechanism grants voting rights to protocol participants who lock BR tokens for designated timeframes, enabling holders to participate in parameter configurations and direct ecosystem incentives.
- Gauge Incentive Mechanism: A decentralized yield distribution system allowing veBR token holders to vote on specific gauge allocations, directing protocol token emissions toward selected liquidity pools and integrated DeFi protocols.