As the leading liquid Bitcoin restaking protocol on Mantle by TVL, Bedrock is proud to participate in Mantle DeFi Fest Season 1!

Embark on an exhilarating blockchain journey with Get Goated Season 2—a decentralized incentive program powered by the IoTeX network. This event is designed to reward active participants and foster community growth with unprecedented rewards, including a staggering 100 million $IOTX tokens and an exclusive 3x Bedrock Diamond multiplier.

We’re excited to announce the public launch of our Bedrock referral program! Now, refer your friends to Bedrock via your unique referral code and earn 30% of all Diamonds that they earn. It’s the easiest and most passive way to earn Bedrock Diamonds yet — even if you don’t hold uniBTC or uniETH. The more active referrals you have, the more Diamonds you stand to earn.

After recently announcing the upcoming integration of Chainlink Proof of Reserve, Bedrock is now going all-in on the Chainlink platform by adopting the industry-standard Chainlink Cross-Chain Interoperability Protocol (CCIP and Chainlink Price Feeds on Arbitrum, Ethereum, and Optimism.

Bedrock Diamond Airdrop Program session 1

The Arbitrum Bitcoin Uprising is about to make waves on Arbitrum, the first ever innovative restaking opportunity for Bitcoin holders. Set to launch on October 7th, this campaign will distribute a massive (through incentivizations) 150k ARB tokens to users who participate in uniBTC activities across several top-tier DeFi platforms.

On Sep-26-2024 06:28:23 PM UTC, a vulnerability in the uniBTC smart contract was exploited, allowing the exploiter to mint 30.8 uniBTC and swap them for wBTC in Uniswap pools. In response, we paused the vulnerable contract and implemented a fix to mitigate the vulnerability, which was later confirmed to have affected approximately $2 million in liquidity, primarily within the Uniswap pool.

Following today’s security exploit on our platform involving uniBTC, Bedrock is integrating the industry-standard Chainlink Proof of Reserve (PoR) to help secure our minting function and fortify the security of our protocol.

Minting uniBTC on BitLayer is a straightforward process that allows users to start earning yield on idle BTC assets. In this guide, we'll walk you through the steps required to mint uniBTC, ensuring you can take full advantage of this innovative leap in DeFi. Whether you're a seasoned crypto enthusiast or new to the space, this tutorial will help you get started with ease.