#bedrock $BR
What is BR token?
BR token is the native currency of the Bedrock project, which is a decentralized finance (DeFi) protocol specializing in liquid staking of multiple assets. Its core mission is to provide capital efficiency and higher profit opportunities for users by integrating various liquid staking tokens (LSTs), especially showcasing unique advantages in Bitcoin financing (BTCFi) and staking realms.

Here are the key data points for BR token (as of March 21, 2025):

Total supply: 10 billion tokens
Initial issuance price: The decentralized listing price (IDO) is $0.025
Fully diluted valuation (FDV): Approximately $20 million to $30 million
Total value locked (TVL): Over $5 billion
Number of holders: 278,627 people
Current phase: Alpha 2.0, featuring a semi-instant trading platform
Technology and environmental advantages of BR token

Multi-asset re-staking innovation
Unlike traditional single-asset staking protocols, Bedrock supports diverse liquid staking coins (like uniBTC, brBTC, etc.) and integrates with well-known re-staking protocols (like Babylon and EigenLayer). This multi-asset support allows users to manage multiple assets on a single platform, significantly enhancing capital flexibility and yield.