Dear Bitunix Users,
We are proud to announce that Bedrock DAO (BR) is getting listed on Bitunix. The supported trading pair will be BR/USDT on the spot market.
Please note:
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Deposits Effective Immediately
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Trading: 11:00 on March 20, 2025(UTC)
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Withdrawal: 11:00 on March 20, 2025 (UTC)
Project Introduction
Bedrock DAO (BR)
Bedrock DAO is a governance framework for managing decisions within the Bedrock ecosystem. It enables BR token holders to participate in governance by converting BR into veBR, a voting escrow token. Governance decisions include protocol parameters, incentive structures, and liquidity allocation. Governance Model The governance system is based on veBR, which is obtained by locking BR tokens at a 1:1 ratio. The longer the lock duration, the greater the voting power. veBR holders vote on governance proposals, including gauge allocations that determine incentive distribution across liquidity pools. A seasonal reset mechanism ensures periodic redistribution of voting power. At the end of each season, all voting power resets to a base level, allowing new participants to engage without long-term holders accumulating disproportionate influence. DAO Transition Initially, the Bedrock team will configure the DAO and hold administrative control of the contract. Governance control will transition to veBR holders over time, allowing the DAO to independently manage protocol upgrades, incentive structures, and other governance functions.
Official Website: https://www.bedrockdao.com/
Blockchain Explorer: https://bscscan.com/token/0xff7d6a96ae471bbcd7713af9cb1feeb16cf56b41
*Risk Warning:
The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. Bitunix attempts to screen all projects before they come to market. However, even with the best due diligence, there are still possible risks when investing. Bitunix is not liable for investment gains or losses.
Regards,
Bitunix Team
March 20, 2025
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