【Binance TGE/Alpha Project Research: Bedrock】
📌 Project Introduction
Bedrock is the world's first multi-asset liquidity re-staking protocol, capable of bringing assets like $BTC and $ETH into the DeFi ecosystem, achieving asset re-staking and maximizing yields.
🪙 Token Functionality
Bedrock employs a dual-token model, consisting of $BR and veBR. $BR is the native token of the protocol, used for governance voting and earning additional yields, and can also be locked to convert into veBR for higher governance weight and yield bonuses.
✅ Token Outlook
Bedrock's innovations in the BTCFi space and its support for re-staking multiple assets provide it with a competitive edge in the DeFi ecosystem. Currently, its staking volume is not leading in similar tracks, but if the protocol continues to expand use cases and attract more user participation, the price of $BR is expected to rise. Currently, the circulating supply accounts for about 20% of the total supply, with a large-scale unlock expected after March 2026.
