$BTC ## Bedrock (BR) Crypto Market Overview
The cryptocurrency token **Bedrock (BR)** is the native utility and governance token for the Bedrock protocol, a multi-asset liquid restaking ecosystem built on the BNB Smart Chain (BEP20). It allows users to earn yields on major assets like Bitcoin (via uniBTC/brBTC), Ethereum (via uniETH), and IoTeX (via uniIOTX).
### Current Market Stats
* **Live Price:** Approximately **$0.11 to $0.12**
* **Circulating Supply:** ~251 million to 261 million BR (out of a **1 billion BR** maximum supply)
* **All-Time High (ATH):** ~$0.257 (Reached on April 15, 2026)
* **24-Hour Trading Volume:** ~$5.6 million
* **Supported Exchanges:** Active on platforms like Bybit, KuCoin, Gate.io, and via promotional events on Binance Alpha / Binance Square.
### Core Token Utility & Rules
The Bedrock DAO operates under specific economic and governance rules designed to balance the token market:
* **Staking & Voting (veBR):** To participate in governance, BR holders lock their tokens to receive **veBR** (voting escrow Bedrock). Your voting power scales based on how long you lock your tokens.
* **Seasonal Resets:** Governance voting weight resets each season to ensure older, large-scale holders don't permanently dominate the protocol's direction.
* **Value Accrual:** The protocol uses a portion of its revenue to fund regular **token buybacks**, helping offset circulating supply inflation.
* **Non-Rebasing Yields:** Unlike older staking protocols where the *number* of your tokens increases, Bedrock's liquid staking tokens (like uniETH) grow in *value* relative to the underlying asset, simplifying DeFi accounting and tracking.
### Risk Note
As a newer protocol in the highly competitive liquid restaking market (competing with protocols like Ether.fi and Renzo), BR experiences high volatility. Additionally, a scheduled token unlock event is set to release a portion of locked team/investor tokens, which can impact short-term market dynamics.