Recently, as soon as many BTC staking projects came out, the quotas were snatched up in an instant. If you are just preparing to participate now, it may be too late, as many projects have no quotas.

Seeing @Bedrock_DeFi open Cap 2's Bitcoin re-staking deposit, participants can obtain Babylon points, bedrock points and DeFi income.

✅ Let’s see, what is the background of Bedrock and is it profitable?

1. Bedrock background and potential

Bedrock is an institutional liquidity staking platform launched by blockchain company RockX. It announced in May this year that it had completed a new round of financing. The specific amount was not disclosed. OKX Ventures, LongHash Ventures and Comma3 Ventures led the investment, and angel investors such as Babylon co-founder Fisher Yu followed suit.

This is not the most important thing. What is important is that Bedrock has just won the second round of projects in the BNB Incubation Alliance. Only two projects were on the list in this round, so Bedrock has a high probability of participating in Binance Launchpool, Begadrop, wallet and other activities.

Therefore, there is still great potential for re-staking in Bedrock.

2. How to get higher returns on Bedrock?

Bedrock has two main activities:

(1) Bedrock Cap 2 Bitcoin re-staking deposit

Bedrock Cap 1 raised 400 BTC and has now concluded. The most recently launched is Bedrock Cap 2. The main benefits of participating in Bedrock Cap 2 are as follows:

🔹Babylon Points

🔹Bedrock Points

🔹DeFi Yield

Once the staking pool reaches 800 uniBTC (milestone 1), pre-stakers will unlock a special milestone reward pool.

Participation link: https://app.bedrock.technology/?invite=79XPWK

(2) Joint activities between Bedrock and OKX Wallet


You can get:

🔹Babylon Points

🔹Earn 21x extra points

🔹Share 10,000 $OP

🔹DeFi Yield

3. Many people are worried whether they will get Babylon points if they pledge the project again

I don’t know about other projects, but judging from the fact that Bedrock pledges funds on Rockx nodes, there is no problem for Bedrock users to obtain Babylon points, and the gameplay is similar to the EigenLayer ecosystem.

✅Summary

From the perspective of the chain, mainstream hot money has been flowing into the BTC ecosystem in the past two months. A lot of funds are not as simple as hoarding coins. Many wallets have participated in BTC-Fi.

From Babylon’s recent developments, we can see that it has gradually become the leader in BTC staking. There are also many re-staking projects (LRT) working with it to maintain the security of the BTC L2 ecosystem, which will make the benefit effect of the BTC ecosystem more obvious.

The market is risky. When choosing to pledge projects to get airdrops, remember to choose projects with strong endorsements to participate in, so as to avoid many risks.