Cryptocurrency profile · BR
Bedrock
$0.2707 USD
- Market cap rank
- 293
- Market cap
- 89,825,317
- Circulating supply
- 291,666,666
- Max supply
- 1,000,000,000
About Bedrock
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.
- BR tokens are converted to veBR at a 1:1 ratio for governance.
- Voting power increases with longer lock durations of BR tokens.
- veBR holders vote on gauge allocations that determine incentive distribution across liquidity pools.
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| Exchange | Price | Payment | |
|---|---|---|---|
| CEX.IO Best rate CEX · 1m · E-wallet · PayPal | 0.2713 USD | E-wallet · PayPal Fee: 3.99% + 5.00 USD Requires: Identity verification Daily limits: 20.00 – 1,000.00 USD Official source | Buy Buy here |