Odaily Planet Daily News: The Bitcoin liquid staking protocol Bedrock DAO has officially launched the PoSL (Proof of Staked Liquidity) mechanism, allowing early participants to earn an annualized return of up to 400%. The main features include:
This mechanism allows users to obtain veBR by staking BR tokens, thus earning rewards and enhancing governance voting power. Bedrock currently has a Total Value Locked (TVL) of $1.20 billion, and its flagship product, uniBTC, is the first derivative asset to support Bitcoin liquid staking. The full version of PoSL will go live on April 10, with more features to be introduced subsequently.