All Cryptocurrencies

Bedrock BR

RANK #137
Live Bedrock Price
$1,09 ▲ 1,31%
Market Cap
$321,9 M
24h Volume
$32,2 M
Circulating Supply
296.666.666 BR
Max Supply
1.000.000.000 BR
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Bedrock About

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. 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.