Bedrock, an Innovator in Blockchain Staking, Transforms the Industry with Revolutionary Liquid Restaking Tokens

Bedrock is revolutionizing staking through its Liquid Restaking Tokens (LRT) and strategic solutions. Aligned with Eigenlayer, Bedrock tackles liquidity challenges, while collaborations with projects like Babylon enable re-staking for enhanced returns and cross-chain capabilities. Emphasizing security, Bedrock partners with RockX for robust staking infrastructure and operates its own nodes for operational authenticity. Bedrock offers a non-custodial, flexible platform designed for institutional investors, leveraging security features and a proven track record in asset management.

Bedrock: A Revolutionary Blockchain Company Transforming the Staking Landscape

Singapore, Singapore – May 2nd, 2024

LBank Labs, a leading venture capital firm in the blockchain industry, proudly announces its strategic investment in Bedrock, an innovative blockchain company pioneering transformative solutions in the staking realm. Bedrock's groundbreaking Liquid Restaking Tokens (LRTs) are redefining the staking landscape by unlocking liquidity and maximizing value for Proof-of-Stake (PoS) tokens such as Ethereum and IoTeX.

Institutional-Grade Security and Flexibility

Bedrock prioritizes institutional-grade security measures, empowering users to stake and unstake their assets seamlessly while maintaining liquidity without compromising on safety. The platform's partnership with RockX, an established blockchain infrastructure provider, further enhances its robust security framework. RockX's impressive track record includes managing over 13,000 validators and over 420,000 ETH, with a total value locked (TVL) exceeding $1.2 billion. This collaboration solidifies Bedrock's position as a trusted platform for enterprise-level deployments.

Liquid Restaking Tokens (LRTs): A Revolutionary Tokenomics

Bedrock's LRT mechanism introduces a groundbreaking tokenomics model that empowers users through uniETH, facilitating native staking and strategic re-staking via the Eigenpod. The Bedrock staking contract meticulously selects validators and employs yield strategies to optimize returns, ensuring maximum profitability. Over time, uniETH tokens evolve into LRTs, unlocking a paradigm shift in tokenomics that supports long-term investment strategies.

Multi-Chain Compatibility and Re-Staking

Bedrock's multi-chain platform extends its support beyond a single blockchain, embracing major chains like Ethereum, IoTeX, and Bitcoin. This multi-chain functionality is further enhanced through a strategic partnership with Babylon, enabling innovative re-staking practices. These practices optimize returns and bolster security across diverse blockchain ecosystems.

Operational Integrity and Collaboration

Bedrock maintains operational authenticity by running its own nodes, guaranteeing a stable and secure network. The deep and strategic alliance with Babylon not only elevates operational efficiencies but also embeds Bedrock within the blockchain industry as a reputable and dependable staking service.

Call to Action for Investors and Institutions

As Bedrock continues to revolutionize blockchain staking, it invites investors and institutions to join its platform and leverage its secure, innovative, and highly profitable staking solutions. For more information and to explore Bedrock's unique offerings, please visit the official documentation at [URL].

About LBank Labs

LBank Labs, with over $100 million in assets under management (AUM), is a renowned venture capital firm committed to strategic investments in the blockchain and cryptocurrency space. Its comprehensive portfolio includes innovative projects such as Entangle, Puffer Finance, LunarCrush, Navi Protocol, Exabits, Hivello, and substantial investments in venture capital funds like Collab Currency, SevenX Ventures, IOSG Ventures, and Blockchain Builders Fund.

Media Contact

Wang Eddy
LBank
[email protected]

Disclaimer

This is a sponsored press release and is for informational purposes only. It does not constitute investment advice and should not be construed as legal, tax, or financial advice.