The token c-60 serves as the core utility and governance token of the network, functioning with a token lock mechanism to gain voting rights (veBR) and enhance yield.
Market position: With a market cap hovering around $32.3 million and a price range of approximately $0.11 - $0.12, BR is currently classified as a low-mid cap project.
Circulating supply: About 261.3 million tokens out of a total max supply of 1 billion tokens; check out m-24 for the latest updates.
Potential for price increase: Compared to the all-time high (ATH) of $0.257, the current price reflects an accumulation phase following the overall market correction. Thanks to the long-term lock mechanism $BR for gaining DAO governance rights, the pressure to dump tokens into the market has been significantly reduced, creating a solid price foundation. As the model attracts large capital flows (TVL increases), the demand to hold for revenue sharing and cash flow direction will drive the project's valuation growth.
The future of Bedrock is closely tied to the explosion of the BTCFi trend (decentralized finance on Bitcoin). Bedrock 2.0's successful solution to liquidity fragmentation and its ability to make Bitcoin capital flows more dynamic is a huge plus. If the project continues to maintain the growth of its ecosystem, expand its partner network, and demonstrate safety, this will be a powerful catalyst helping Bedrock tap into massive liquidity and break through in value in the next cycle.