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Bedrock is a multi-asset liquid restaking protocol for Bitcoin, Ethereum and IoTeX. As a liquid staking pioneer, Bedrock brings high yield and institutional-grade security to the community through uniBTC built on Babylon, uniETH built on EigenLayer and uniIOTX built on IoTeX.
Step 1: Deposit BTC into your Bybit Wallet.
Note: Ensure you have at least 0.0001 BTC, FBTC, mBTC, FBTC or WBTC in your wallet and sufficient ETH/BTC to cover gas fees on any of the following networks: Ethereum, Mantle, Optimism, B², Merlin or Bitlayer.
Step 2: Navigate to the Bedrock Restaking dashboard and click on Connect Wallet at the top right corner of the page. Then, select Bybit Wallet. Connect your Bybit Wallet and restake.
Step 3: Select the chain with which you would like to stake from the top menu bar.
Step 4: Enter the amount of BTC/WBTC/FBTC/mBTC you would like to stake to mint uniBTC.
Step 5: Confirm your staking amount and click on Stake.
Step 6: Upon successfully staking, you may check and manage your uniBTC balance.
uniBTC can be used to participate in DeFi Protocols like Spectra, Velodrome, Pell, Uniswap, Silo, Beethoven, f(x) protocol, MerlinSwap, Avalon and more to earn additional yield and Diamond Boosts.
How does BTC staking work?
Users can stake BTC/WBTC/mBTC/FBTC with Bedrock and receive uniBTC (LRT) for Babylon Points and Bedrock Diamonds. Rewards are distributed proportionately to stakers based on their staked amounts.
What fees are associated with staking WBTC into Bedrock?
Bedrock charges no additional fees. Users pay only transaction fees for staking with Bedrock and Babylon. Gas fees for staking into Babylon are deducted from your rewards upon claiming.
What will be the return on my uniBTC?
Returns include Bedrock Diamond Boosts and Babylon Points.
Can I withdraw my WBTC from Bedrock?
Withdrawals are currently unavailable. The staking period on Bedrock depends upon Babylon’s requirements, including a lock-up period of 7 days for BTC staking. Users may Follow Bedrock on X for updates.
How can I maximize my rewards?
To maximize rewards, participate in Bedrock’s integrated DeFi protocols and partner campaigns, and complete specific tasks to earn additional boosts and yield.
Is there a minimum staking requirement?
Yes. The minimum stake is 0.0001 BTC (or equivalent). Ensure you also have enough ETH or BTC to cover gas fees for transactions.
Why should I stake with Bedrock instead of staking directly with Babylon?
Bedrock offers a liquid staked token, uniBTC, thus providing multiple yield streams, simplified BTC settlement infrastructure and the ability to unstake without going through unbonding periods via DEXs, among other benefits.
For more details, visit the Bedrock Docs.
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