Bedrock BR
BR
0.05654
$
7.01 %
Change 24h
Market Cap
$ 12,448,763
Volume 24h
$ 1,387,358
Circulating Supply
220,000,000
Total Supply
1,000,000,000
Website
Social
BR
$
| # | Exchange | Pair | Price | Volume 24h |
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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.