Bedrock Announces uniBTC Unstaking Launch Date
Bedrock Announces uniBTC Unstaking Launch Date
🔓 BTC Freedom Arrives Thursday
Bedrock has set January 10th as the launch date for uniBTC unstaking functionality. Users will soon be able to directly redeem their uniBTC for BTC through the Bedrock dApp.
This follows Bedrock's May 2024 launch of uniBTC, their non-custodial liquid restaking solution that allows Bitcoin holders to earn staking rewards while maintaining liquidity. Key features include:
- 1:1 backing (1 BTC = 1 uniBTC)
- Security audited by PeckShield
- $200M+ historical TVL
- Integration with Babylon Chain's BTC Staking protocol
The platform aims to activate the estimated $1T in idle Bitcoin capital while supporting PoS networks.
UniBTC Bridge Expands to Corn Network, More Networks Coming Soon
The UniBTC Bridge has expanded its cross-chain capabilities by launching support for the Corn Network, adding to its existing integration with Ethereum, Arbitrum, and BNB Chain. - **Current Networks**: Ethereum, Arbitrum, BNB Chain, and Corn Network - **Powered By**: Chainlink's CCIP technology - **Coming Soon**: Additional network integrations planned for this month *Previous developments included bridge functionality between Ethereum, Arbitrum, and BNB Smart Chain, with Phase 2 plans for Mode Network and Optimism integration.* Visit app.bedrock.technology/unibtc to start bridging assets.
Bedrock's uniBTC Pool Reaches #2 Spot on Pendle with 14% APY
Bedrock's uniBTC pool on Pendle Finance has achieved the second-highest APY among Bitcoin LRT pools, offering returns up to 14.05%. Key features: - Earn Babylon Labs points - 105x Bedrock Diamonds for upcoming TGE - Pool maturity date: Feb 27, 2025 - Additional rewards through Babylon Point Boost campaign - Extra 4.5M Babylon points available until Jan 31 The pool combines competitive yields with multiple reward structures, making it a notable option for Bitcoin holders seeking yield opportunities.
Berachain Epic Week 2 Launches with Kodiak Partnership
Week 2 of the Berachain Epic campaign has launched in partnership with KodiakFi, offering new rewards and opportunities: - **100,000 Bedrock Diamonds** available for participants - **Additional 50,000 Diamonds** exclusively for ROCKBERA NFT holders - Special OAT badge from Galxe - Earn rewards by providing uniBTC-WBTC liquidity on Kodiak *This follows Week 1's successful Christmas launch with Honeypot Finance, which offered similar diamond rewards plus USDT bonuses.* To participate, users need to provide liquidity and complete specified tasks on the platform.
Pendle Finance Renews uniBTC Pool with Extended Maturity
Pendle Finance announces the renewal of their uniBTC pool, powered by CORN, with an extended maturity date set for February 27, 2025. - Users are encouraged to migrate their existing assets to the new pool - Continued rewards available for participants - Pool accessible through Pendle's trading platform This update follows the successful October launch of eBTC holder support on the platform.