Done. This is the official updated version of *Binance* with the addition of the team section and the TVL 👇
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*Report: Bedrock (BR) Protocol - Pioneering the Multi-Asset Liquid Restaking Concept*
*Executive Summary*
The *Bedrock* Protocol is one of the standout infrastructure projects in the Liquid Restaking sector, providing a comprehensive solution for restaking major digital assets like Ethereum and Bitcoin while maintaining their full liquidity. The protocol aims to enhance capital efficiency by enabling users to earn compound yields from multiple sources simultaneously.
*1. Mechanics and Compound Yield Model*
Bedrock relies on a three-layer architecture to maximize yield:
1. *Deposit Layer*: Users deposit ETH or wBTC or DePIN assets, which are then restaked via the EigenLayer protocol to secure AVS services.
2. *Liquidity Layer*: The protocol issues liquid assets at a 1:1 ratio like `uniETH` and `uniBTC`, representing ownership of the underlying asset along with accrued yields.
3. *Integration Layer*: Liquid assets can be deployed in the broader DeFi ecosystem to participate in liquidity pools or lending protocols, generating a second layer of yield.
*2. Key Data and Metrics*
Index Value Notes
**Total Value Locked (TVL)** ~$535 million According to DeFiLlama as of June 1, 2026
**Supported Networks** Ethereum, BNB Chain, BOB, Arbitrum Multi-chain expansion
**Supported Assets** ETH, wBTC, BTC, DePIN assets First protocol to support Bitcoin Restaking
**Total BR Points Distributed** ~600,000 points Within the Bedrock Diamonds incentive campaign
*3. Team and Strategic Backers*
Bedrock was developed by *RockX*, a leading Web3 infrastructure company based in Singapore with over 6 years of experience in operating nodes for mainnet networks. The project is backed by prominent strategic investors including *OKX Ventures*, *LongHash Ventures*, and *Comma3 Ventures*, providing it with a strong network of partnerships and liquidity.
*4. Points Program and Future Governance*
The protocol currently utilizes a *BR Points* system to incentivize early participation and distribute community shares. Points are calculated based on deposit size, duration, and type of activity. These points are set to be converted into the governance and utility token *$BR * at the Token Generation Event (TGE), which will grant holders voting rights on future protocol decisions.
*5. Major Risk Framework*
1. *Smart Contract Risks*: The protocol has undergone audits from entities like BlockSec and PeckShield, but technical risks remain present across all DeFi protocols.
2. *Slashing Risks*: Users face potential slashing risks if node operators within the EigenLayer network fail to comply.
3. *Market Risks*: The potential for liquid assets like uniETH to decouple from their nominal value during periods of high volatility.
4. *Systemic Risks*: The protocol's performance is fundamentally reliant on the stability and security of EigenLayer and the underlying Ethereum network.
*Summary*
Bedrock offers an advanced model for leveraging idle digital assets and converting them into multi-layer yield-generating tools. By supporting Bitcoin and integrating with the DePIN ecosystem, the protocol positions itself in a uniquely competitive spot. The ultimate valuation of the project remains tied to its ability to manage operational risks and maintain user trust as the Restaking ecosystem expands.
*Disclaimer*: This report is for informational purposes only and does not constitute investment advice. Trading and investing in digital assets involves high risks. Please do your own research (DYOR) before making any financial decisions.
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