What is Bedrock (BR)?

Deep Dive

1. Purpose & Value Proposition

Bedrock addresses Bitcoin’s limited utility in DeFi by enabling BTC holders to stake their assets and earn yields without sacrificing liquidity. Its flagship product, uniBTC, acts as a liquid restaking token, allowing users to simultaneously earn staking rewards and use BTC in DeFi applications (e.g., lending, trading). This solves Bitcoin’s traditional “idle asset” problem while expanding its role in decentralized finance (Bedrock Docs).

2. Technology & Architecture

Bedrock uses Proof of Staking Liquidity (PoSL), a dual-token model:
- BR: The utility token for staking, fees, and governance participation.
- veBR: Earned by locking BR, granting voting rights (e.g., protocol upgrades, emissions) and enhanced staking yields.
Seasonal governance resets prevent power centralization, and integrations with platforms like Aragon ensure secure DAO operations (Mirror).

3. Ecosystem & Key Differentiators

Bedrock’s BTCFi 2.0 framework supports cross-chain liquidity, with over $686M in TVL (as of January 2025) and partnerships with 60+ DeFi protocols. Unlike wrapped BTC solutions, Bedrock’s restaking model preserves Bitcoin’s native properties while enabling yield generation. Its multi-asset support (ETH, IOTX) and non-rebasing token design further differentiate it from competitors.

Conclusion

Bedrock redefines Bitcoin’s role in DeFi through liquid restaking, governed by a community-driven dual-token system. As it expands to new chains like Aptos and Base, how will its PoSL model adapt to evolving regulatory and technical challenges in cross-chain interoperability?