Odaily Planet Daily News Bitcoin liquidity staking protocol Bedrock DAO officially launched the PoSL (liquidity proof of stake) mechanism, and early participants can obtain 400% annualized returns. The main features include:
Early pledgers can enjoy up to 400% annualized returns
Adopt a flexible mechanism of 4 weeks of unstaking queue period + 2 weeks of cooling period (no hard lock)
Users who participated in the soft launch from March 27 to April 3 can share a special veBR reward pool
This mechanism allows users to obtain veBR by staking BR tokens, which not only earns income but also enhances governance voting rights. Bedrock's current TVL is $1.2 billion, and its flagship product uniBTC is the first derivative asset to support Bitcoin liquidity staking. The full version of PoSL will be launched on April 10, and more features will be introduced later.