The proof-of-stake model allows owners of a cryptocurrency to stake coins and create their own validator nodes. Staking is when you pledge your coins to be used for verifying transactions. Your coins are locked up while you stake them, but you can unstake them if you want to trade them.

It is clear that Proof of Stake chains will be an integral part of the future of crypto, and become the foundation layer of which DeFi and metaverses will be built on.

However, PoS comes with some drawbacks for those wanting to participate directly as validators:

• It requires technical know-how to set up and operate
• Staked tokens are locked up and become illiquid assets

In order to solve these issues, liquid staking protocols were born. Liquid staking abstracts the staking of tokens from running a validator node.

In exchange for their tokens, depositors receive a representative (brBTC) token from the protocol which is a claim on the tokens they have staked.

Liquid Restaking is a decentralized finance (DeFi) concept that combines staking and liquidity. It allows users who have staked tokens in one network or validator to "restake" them on another protocol or platform without unbonding their original staked assets.

In Bedrock, if you stake FBTC or cbBTC and receive uniBTC, you can restake uniBTC on Bedrock to receive brBTC, then Bedrock protocol will restake uniBTC to other platform that supports liquid restaking, effectively earning rewards from two sources.

brBTC is Bedrock's innovative BTC yield product, designed to maximize returns by leveraging multiple restaking protocols. Launching natively on both Ethereum and BNB, brBTC is a Liquid Restaking Token (LRT) that combines the power of diverse BTC derivative assets with Bedrock's advanced restaking strategies.

With brBTC, users can deposit a variety of BTC derivatives to generate yield from a curated selection of restaking protocols. This product provides a seamless, efficient, and secure way to earn rewards from BTC assets across two major blockchain ecosystems.

By integrating with multiple restaking protocols, brBTC maximizes restaking opportunities across diverse ecosystems.

With native support for Ethereum and BNB, brBTC offers unparalleled flexibility for users across major blockchain networks.

brBTC consolidates complex restaking yield sources into a single, user-friendly token, making it easy for holders to benefit from a wide range of rewards.

Bedrock leverages industry-leading security standards and transparent mechanisms to ensure user trust and asset safety.

Unlike the traditional staking, brBTC, as a liquid restaking token, is designed to provide liquidity while staking. There is no fixed staking period for the brBTC itself, as you can trade or use it at any time.

Currently, no instant withdrawal feature will be available due to the unstaking periods of the underlying restaking protocols.

Diamonds will be added to users’ accounts on Bedrock. You may check your Diamond balance directly on Bedrock’s Dashboard.

brBTC is built on-chain, and all contracts are open-source and available for anyone to view. Total supply of brBTC can be checked and verified on different chains: Etherscan, BscScan.

brBTC deposit smart contract captures all these information, which can be checked and verified via Etherscan, BscScan.