Bedrock (BR)

Bedrock (BR)

Coin Information

Blockchain icon Blockchain: Bedrock
Ticker icon Ticker: BR
Type icon Type: Cryptocurrency

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About Bedrock

Bedrock (BR) is recognized as the world’s first multi-asset liquid restaking protocol that provides innovative solutions for users looking to maximize their assets. With a total value locked of approximately $467 million and significant engagement from over 119,000 token holders, Bedrock has established itself as a robust platform within the decentralized finance (DeFi) space. The protocol enables users to stake various assets without compromising liquidity, offering liquid staking and restaking solutions that enhance yield opportunities through the use of Liquid Restaking Tokens (LRTs).

The Bedrock protocol operates on a proof-of-staking liquidity (PoSL) model, which seamlessly integrates liquidity provision with the restaking process. This approach allows participants to earn rewards based on dynamic market conditions, rather than fixed rates, ensuring that yield generation is sustainable across multiple strategies. The dual-token model of Bedrock, featuring both the BR token and vote-escrowed (ve) token governance system, further aligns long-term governance with rewarding mechanisms, reinforcing the commitment to user-centric growth and security.

Bedrock’s groundbreaking brBTC token serves as a prime example of its innovative strides in the DeFi landscape. Explicitly designed for Bitcoin holders, brBTC enables users to deposit Bitcoin derivatives and access a diverse range of leading restaking protocols. By integrating high yield potential with multi-network accessibility and transparent mechanisms, brBTC simplifies the complexities associated with managing rewards across different blockchain ecosystems, thereby positioning Bedrock as a leading player in the evolution of Bitcoin DeFi.

Frequently Asked Questions

We currently have no price information of Bedrock BR available.
The circulating supply of Bedrock is unknown
The total supply of Bedrock is unknown.
The max supply of Bedrock is unknown.
Unfortunately the country of Bedrock is unknown.
Bedrock is a cryptocurrency running on its own blockchain.

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