#Singapore #DeFi #Bedrock #Berachain

Bedrock's Contribution to Berachain's Boyco Campaign

In a monumental move for the decentralized finance (DeFi) sector, Bedrock recently concluded its involvement in Berachain's Boyco campaign. As a noteworthy multi-asset restaking protocol, Bedrock has established itself as a leading player in the DeFi ecosystem, and its participation in this initiative represents a strategic effort to bolster liquidity and support decentralized applications prior to Berachain's mainnet launch.

Overview of the Boyco Campaign

Berachain's Boyco campaign was crafted to tackle what is commonly known as DeFi's "cold start problem." The primary goal was to secure essential liquidity for decentralized applications (dApps) right from Day One as the mainnet gears up for launch. Over a short span of two weeks, Bedrock successfully onboarded nearly 1,000 uniBTC to Berachain, making a significant contribution to Boyco's total value locked (TVL), which now stands at an impressive $3 billion.

Zhuling Chen, a core contributor at Bedrock, expressed enthusiasm for their role in the campaign, stating, "We're thrilled to have played a key role in the Boyco campaign. By addressing liquidity challenges through innovative solutions, we're building a strong foundation for decentralized applications to thrive while delivering meaningful incentives to our community."

Innovative Approaches to Liquidity

Bedrock's engagement in the Boyco campaign was not only about providing liquidity; it also involved launching six high-yield revenue-generating markets focused on uniBTC in collaboration with entities like Beraborrow, Goldilocks, Kodiak, Dolomite, and SatLayer. These initiatives were designed to optimize yields for Bitcoin restakers while also ensuring the sustained liquidity necessary for the dApps. As a result, these liquidity markets attracted a remarkable $86.57 million in TVL over the course of the campaign, with participants benefiting from an impressive average annual percentage yield (APY) of 8.99%.

Among Bedrock's standout initiatives was the introduction of the uniBTC Berachain Vault, which was quickly filled to 86% of its initial capacity of 500 BTC. Due to high demand, the vault's cap was subsequently raised to 1,000 BTC, reaching 75% capacity within days.

Calvin Zhou, another core contributor at Bedrock, noted, "The integration of Bedrock's uniBTC markets within Boyco highlights the technical innovation driving the DeFi—particularly Bitcoin DeFi—ecosystem forward. By leveraging automated vaults, restaking mechanisms, and cross-chain interoperability, Bedrock is enabling BTC liquidity to power Berachain's next-generation DeFi ecosystem."

Rewarding Participant Engagement

The success of Bedrock's Boyco campaign was further fueled by a robust multi-layered reward system, aimed at encouraging user participation. Through this system, participants earned incentives on both Ethereum Mainnet and Berachain, including rewards such as Bedrock Diamonds, Cian Points, Babylon Points, and additional bonuses from partner protocols. Moreover, Bedrock incentivized community engagement further with a generous 30% referral bonus to participants.

In terms of technical features, the Swap Deposit tool integrated into Bedrock's uniBTC Berachain Vault, powered by Enso, allows users to deposit stablecoins such as USDC, USDT, DAI, or ETH. The deposits are then automatically converted into BTC derivatives and allocated into the vault, streamlining the user experience and enhancing participation across the platform.

The Future of Bedrock within Berachain

The activities surrounding the Boyco campaign illustrate Bedrock's expanding role within the Berachain DeFi landscape. As of February 3, 2025, the protocol recorded a TVL of 385.72 uniBTC, 29,839 holders, and a staggering 213,319 transactions, signifying strong user engagement and adoption of the uniBTC token.

Bedrock distinguishes itself from competitors through a combination of advanced technological solutions, user-friendly designs, and a strong commitment to community engagement. Initiating innovative programs like BTCFi 2.0 and introducing brBTC demonstrates the protocol's vision for a unified Liquid Restaking Token that ultimately eliminates liquidity fragmentation and maximizes Bitcoin yield strategies.

Furthermore, transparency and security remain at the core of Bedrock's operations. With its reserves verified by Chainlink Proof of Reserve and financial data readily accessible via platforms like DeFiLlama, users can trust the integrity of the protocol. The leadership team at Bedrock, composed of seasoned experts from the RockX team managing $2.5 billion in assets, adds additional layers of credibility that strengthens Bedrock's standing as a driving force for change in Bitcoin restaking within the Berachain ecosystem and the broader DeFi landscape.

For further details and insights into Bedrock's initiatives, please visit their official channels.