What is BR Token?
BR token is the native token of the Bedrock project, while Bedrock is a decentralized finance (DeFi) protocol focused on multi-asset liquid restaking (Multi-Asset Liquid Restaking Protocol). Its core mission is to provide capital efficiency and higher earning opportunities for users through the integration of various types of liquid staking tokens (Liquid Staking Tokens, LSTs), particularly showcasing unique advantages in the Bitcoin finance (BTCFi) and restaking space.
Below are the core data of the $BR token (as of March 21, 2025):
Total supply: 1B
LH: 210M
Initial issuance price: The IDO price (initial release on decentralized exchanges) is $0.025
Fully diluted valuation (FDV): approximately $20 million to $30 million USD
TVL: More than 5M$
Number of holders: 278,627
Current stage: Alpha 2.0, functioning as half of the spot trading platform.
Bedrock uses a ve model (vote-escrow mechanism), inspired by the veCRV design of Curve Finance. Users can earn a share of the protocol's profits by staking BR tokens; this mechanism not only incentivizes long-term holding but also reduces circulating supply through the locking mechanism, providing potential support for the token's price.
Summary
The BR Token (Bedrock) is a potential star that cannot be overlooked in the cryptocurrency market of 2025. With innovation in multi-asset rehypothecation, a pioneering position in BTCFi, and strong community support, it is quickly standing out. For investors, the BR token serves as both a short-term speculative opportunity and an asset with potential for long-term plans. #p i #VoteToDelistOnBinance #PoWMiningNotSecurities