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Bedrock Token BR
BR
0.05196
$
0.29 %
Change 24h
Market Cap
$ 10,910,734
Volume 24h
$ 9,090,863
Circulating Supply
210,000,000
BR
$
Description
"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."