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BedrockBR
Rank #214$0.4451▼0.44% in 24 hours
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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.
Categories: Decentralized Finance (DeFi), BNB Chain Ecosystem, Ethereum Ecosystem.
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