What is Bedrock?
Bedrock is a multi-asset liquid restaking protocol developed in partnership with RockX, a blockchain infrastructure company with deep roots in crypto staking. Designed to offer both staking and restaking services across multiple assets, Bedrock allows users to maximize their staking rewards by integrating with platforms like EigenLayer and Babylon.
The protocol supports several key assets, including uniBTC (wrapped Bitcoin), uniETH (Ethereum), and uniIOTX (IoTeX). Each of these assets benefits from Bedrock’s unique approach to liquid staking, where users can stake their tokens and receive non-rebasing liquid staking tokens in return, such as uniBTC or uniETH. These tokens increase in value over time as they accrue staking rewards, rather than increasing in quantity, making them more efficient for long-term holding.