Odaily News Bitcoin liquidity staking protocol Bedrock DAO officially launched the PoSL (liquidity proof of stake) mechanism, and early participants can obtain an annualized return of 400%. The main features include:
Early stakers can enjoy up to 400% annualized returns. A flexible mechanism with a 4-week unstaking queue period + a 2-week cooling period is adopted (no hard lock-up).
Users who participated in the soft launch from March 27 to April 3 can share in the special veBR reward pool. This mechanism allows users to obtain veBR by staking BR tokens, which not only generates income but also enhances governance voting rights. Bedrock currently has a TVL of $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.