Bedrock DAO launches PoSL staking mechanism

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MarsBit
03-27
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Mars Finance News: The liquid staking protocol Bedrock DAO has officially launched the PoSL (Proof of Staking Liquidity) mechanism, where early participants can earn up to 400% annual yield. Key features include: early stakers can enjoy up to 400% annual yield with a flexible mechanism of 4-week unstaking queue period + 2-week cooling period (no hard lock-up) Users participating in the soft launch from March 27 to April 3 can share special veBR reward pool. The mechanism allows users to obtain veBR by staking BR tokens, earning rewards while enhancing governance voting rights. Bedrock's current TVL has reached $1.2 billion, with its flagship product uniBTC being the first derivative asset supporting BTC liquid staking. The complete PoSL version will go live on April 10, with more features to be introduced subsequently.

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