doing the Bedrock task and i ended up changing my view on what Bedrock is actually building
at first i thought the story was simple deposit BTC receive uniBTC earn yield but the deeper i went the more i realized Bedrock is really trying to turn Bitcoin into something that can actively participate across DeFi instead of sitting idle
what caught my attention is that uniBTC is not the final product it is almost the starting point once BTC becomes uniBTC it can move through lending markets liquidity pools restaking layers and other protocols across multiple chains that means the value of Bedrock is not just the yield generated today but how much utility and adoption uniBTC can gain over time
that is why i think the real Bedrock question is not how high the APY is this month the real question is whether Bedrock can keep expanding the ecosystem around uniBTC faster than supply expands because if adoption keeps growing Bedrock becomes much more than a staking protocol it becomes part of the infrastructure layer for BTCfi #bedrock $BR @Bedrock #Bedrock
at first i thought the story was simple deposit BTC receive uniBTC earn yield but the deeper i went the more i realized Bedrock is really trying to turn Bitcoin into something that can actively participate across DeFi instead of sitting idle
what caught my attention is that uniBTC is not the final product it is almost the starting point once BTC becomes uniBTC it can move through lending markets liquidity pools restaking layers and other protocols across multiple chains that means the value of Bedrock is not just the yield generated today but how much utility and adoption uniBTC can gain over time
that is why i think the real Bedrock question is not how high the APY is this month the real question is whether Bedrock can keep expanding the ecosystem around uniBTC faster than supply expands because if adoption keeps growing Bedrock becomes much more than a staking protocol it becomes part of the infrastructure layer for BTCfi #bedrock $BR @Bedrock #Bedrock