$IOTX
Good morning, the third prince of the dragon is back!
Today I will share Bedrock, a high-quality ecological project on IOTX. Bedrock shares the same vision with IoTeX, and is committed to prospering the#DePINecosystem DeFiforDePIN through#DeFisolutions, introducing liquidity pledge for IoTeX, and making the entire DePIN ecosystem of IoTeX more prosperous and sustainable. The most shocking thing is that the Bedrock team actually received seed round financing led by OKX! This makes people wonder whether IOTX has also begun to connect with OKX to lay out this round of bull market (IOTX has not yet been listed on the OKX exchange). Well, let's get back to the point:
Bedrock is an innovative liquidity pledge protocol launched by RockX and the first liquidity pledge dApp on the IoTeX blockchain. IOTX holders can obtain uniIOTX by staking with Bedrock. While harvesting staking rewards, it also keeps the funds flexible and tradable at any time. unIOTX can be used for trading, lending or participating in any other#DeFiproject rewards.
1. Bedrock is a brand new non-custodial staking solution developed by RockX, focusing on fund security and transparency.
As a fund custody protocol built entirely on the blockchain, Bedrock maintains its KYC/AML compliance. The uniETH ranking developed by RockX makes it a first-class liquidity staking professional institution in the industry.
2. Liquidity staking: a paradigm shift - earn staking rewards without locking up tokens. Deposit IOTX on the Bedrock dApp to obtain a staking "voucher" to cash out these staked assets. uniIOTX converts illiquid assets that are pledged into liquid assets.
3. How is liquidity staking on the chain achieved? Bedrock issues a universal IOTX token $uniIOTX for staking services. When users deposit the native $IOTX token into the staking pool, they will receive the corresponding uniIOTX token. UniIOTX not only contains staking rewards, but can also be traded flexibly at any time.
4. Why choose to stake IOTX on Bedrock? Bedrock simplifies the complexity of PoS staking and has multiple advantages such as maximizing returns, transparent funds, security and liquidity.
At present, the on-chain liquidity staking function is fully operational. Friends who want to participate can follow Twitter and IOTX Chinese Telegram.
