Bedrock Launches on Rootstock, Expanding BTC-backed Asset Opportunities
Bedrock Launches on Rootstock, Expanding BTC-backed Asset Opportunities
🚀 Bitcoin DeFi Just Leveled Up
Bedrock has expanded to Rootstock, Bitcoin's smart contract platform, enabling new DeFi opportunities for BTC-backed assets.
Key features:
- Mint uniBTC directly on Rootstock
- Bridge existing uniBTC from other chains via Protocol Free
- Access new DeFi and yield opportunities
The integration combines Bitcoin's security with Ethereum-like functionality, allowing users to participate in DeFi while maintaining Bitcoin backing.
We’ve officially landed on @rootstock_io 🛬 What does this mean for your BTC-backed assets? 1️⃣ Mint $uniBTC on Rootstock and unlock new DeFi and yield opportunities: app.bedrock.technology/unibtc?tab=sta… 2️⃣ Bridge your $uniBTC from other chains to Rootstock via @Protocol_Free
uniBTC Now Bridgeable to TAC via Stargate Finance
uniBTC expands its cross-chain capabilities with new integration on TAC blockchain via Stargate Finance. Key features: - 1:1 bridging ratio from Ethereum to TAC - Fixed fee of $0.02 plus gas - Access to high-APR farming pools on TAC This follows recent expansions to BOB and Berachain networks, creating a multi-chain BTC-backed asset ecosystem. The integration complements TAC's existing Stargate infrastructure, which supports various assets including $TAC, $WETH, $wstETH, and $cbETH. [Bridge uniBTC on Stargate](https://stargate.finance/bridge)
Frax Finance Launches New Pools with High CRV Rewards
Frax Finance has launched new liquidity pools on Curve Finance featuring frxUSD/uniBTC and frxETH/uniETH pairs. The pools are offering significant CRV rewards with tAPR reaching up to 666.97%. - **New Pool Pairs:** - frxUSD/uniBTC - frxETH/uniETH - Additional pairs: wBTC, brBTC, ETH These pools build on previous Bedrock implementations which offered up to 43.69% tAPR on uniBTC & uniETH pools. [Start providing liquidity on Curve Finance](https://www.curve.finance/dex/ethereum/pools/?search=uni)
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.