1. Proposer Details
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Email: alyssa@bedrock.technology
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Proposer’s project name: Bedrock
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Proposer’s X account (you will be required to make a post from the X account provided for verification purposes): @Bedrock_DeFi
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Best Telegram Handle for questions/fixes: @alyssabedrock
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Affiliation (protocol / one of the tokens in the contract): duniBTC (Dolomite uniBTC)
2. Protocol Details
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Protocol Name (Example: XYZ DEX): Dolomite
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Protocol Type (DEX/Lending/Staking/Derivatives/Other): Lending
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Protocol X profile link @Dolomite_io (https://x.com/Dolomite_io)
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Protocol docs link: https://docs.dolomite.io/
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Protocol audits links (multiple links): Audits & Security | Dolomite
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Does the protocol have any relationship with current Berachain validators? Yes
3. Contract/Pool Details
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Contract Name (Example: $EXAMPLE / $BERA): $duniBTC
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Contract Address: 0xd6eb8ae479EdF452d264493708c85AA798CCCdFd
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Contract Type / Configuration: Lending pool
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Describe how the contract works (e.g., how to mint and redeem shares of the contract, if tokens can be exchanged within the contract…): Deposit uniBTC into Dolomite
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Contract Fees: Outline the fee structure (e.g., 10% of staking rewards): No fees for depositing or withdrawing
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Existing Liquidity / TVL: 5mil uniBTC on Dolomite from Boyco. We expect usage to ramp up at unlock.
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Identify any address(es) controlling more than 10% of the contract shares (address / type: team, protocol-owned liquidity, etc.): N/A
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Is the contract upgradable? Yes
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Contract Control: (Multisig/Single Owner/RBAC/Permissionless/Governance): Controlled by the owner of DolomiteMargin, which is a delayed multisig.
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Is the contract verified? Yes
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Can the contract be paused? No
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Does the contract rely on oracles? Yes, indirectly since the contract wraps around a user’s Dolomite Balance. Collateralization checks are skipped as long as transfers with a dToken are between accounts that do not have debt.
4. Token Details
Provide the following details for each token in the contract (up to 5):
For Non-Major Tokens:
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Name: Universal BTC
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Symbol:uniBTC
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Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address: https://beratrail.io/token/0xC3827A4BC8224ee2D116637023b124CED6db6e90 -
Tokenomics, Distribution, and Vesting (links to official docs, website, etc.): uniBTC is minted with WBTC and represents BTC staked on Babylon
Stake uniBTC | Bedrock
uniBTC | Bedrock -
Identify any address(es) controlling more than 10%
(address / type: team, foundation, investor, etc.): uniBTC holders - Google Sheets -
Does the project issuing the token have any relationship with current Berachain validators? No
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Total Supply Cap (if any) No
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Circulating Supply: 945 uniBTC
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Token Type:
(Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other): LST -
Provide extra details (e.g. Use case, Redemption mechanics, Peg stability): uniBTC is natively minted on Berachain with WBTC on Berachain or Ethereum mainnet and represents BTC staked on Babylon. uniBTC provides users easy access to Bitcoin staking yield on Babylon network while participating in DeFi. uniBTC represents the staked wrapped BTC token which can be redeemed 1:1 for BTC on Ethereum
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Are token contracts upgradable? Yes
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Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance): Multisig
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Is the token contract verified? Yes
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Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…) ERC20
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Can the token be paused? Minting can be paused when emergency controlled by a listed of pauser.
5. Token / Project Background / Incentive Token Whitelist
Only two tokens can be whitelisted for use as incentives in a Reward Vault. Indicate which tokens will be used and provide all relevant information below.
Required Data for Incentive Token:
- Token #1
- Name: WBERA
- Symbol: WBERA
- Token #2
- Name: BR
- Symbol: BR
- Contract Addresses (on Berachain and bridging addresses if cross-chain):
chain / address:
Contract Addresses Berachain: https://beratrail.io/address/0xd352dc6e5f0c45e2f2b38eb5565eb286a1ea4087
Bridging address: 0xebaf5275843e4ea7c9867307bb801d2a829e2a58 - Tokenomics, Distribution, and Vesting (links to official docs, website, etc.)
BR tokenomics | Bedrock DAO - Identify any address(es) controlling more than 10%
(address / type: team, foundation, investor, etc.)
BR holders - Google Sheets - Does the project issuing the token have any relationship with current Berachain validators? NO
- If yes, which one? NA
- Total Supply Cap (if any) - 1,000,000,000 BR
- Circulating Supply - 210,000,000 BR (21%)
- Token Type:
(Governance, Utility, Memecoin, Stablecoin, LST, RWA, Other) Governance - Provide extra details (e.g. Use case, Redemption mechanics, Peg stability)
BR is the core utility token of Bedrock, designed to fuel incentives, governance participation, and liquidity provisioning. Here’s what it offers:
Ecosystem Participation: Distributed to participants who contribute to Bedrock’s growth—such as liquidity providers and stakers—BR enables ongoing engagement and activity within the ecosystem.
Tradable and Liquid – BR is a freely tradable asset integrated into DeFi protocols for lending, borrowing, and liquidity pools.
Conversion to veBR for Governance – Users can commit BR to acquire veBR, gaining governance power and enhanced rewards.
More details: BR and veBR | Bedrock DAO
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Are token contracts upgradable? No
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Token Control: (Multisig/Single Owner/RBAC/Permissionless/Governance) Multisig
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Additional details on Token Control: BR on Berachain is controlled by Chainlink CCIP
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Is the token contract verified? Yes
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Is the token a standard ERC20 or any functions have been customized? (e.g. transfer, balance, mint, burn…)
(If custom, provide a link to an audit.) Yes, with MINTER_ROLE for mint() function.
Audit reports | Bedrock DAO -
Can the token be paused? No
Additional Requirements:
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Specify how many tokens you plan to allocate for incentives and over what period of time: 10,000 BERA over 6 months
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Outline how decisions about token incentives are made (DAO, multi-sig, etc.).: Multi-sig
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Incentive Manager address (this address will manage the incentive token, being able to add incentive tokens to the reward vault and change the incentive rate): 0xBBD349CF5Cbf2943b4508DA91d6e097CA63AD334
6. Growth, Community & Ecosystem Impact
Why This Contract Matters:
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How will this contract benefit Berachain? Unlock capital efficient strategies such as looping, enabling users to earn sustainable BTC yields within the Berachain ecosystem. This enhances utility for BTC holders and attracts sticky liquidity.
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Will it deepen liquidity for a major ecosystem token (e.g., BERA, core stable asset)? Yes. The inclusion of runiBTC will directly deepen liquidity for WBTC. As users loop between runiBTC and WBTC, demand for WBTC increases, and pools pairing the two like on Kodiak see greater utilization, volume, and liquidity depth. This indirectly strengthens trading pairs involving WBTC and other core assets, including stablecoins and BERA.
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Does it enable important trading pairs that drive adoption or integrate with other Berachain projects? Yes. This integration will directly drive demand for the uniBTC/WBTC pool on Kodiak. Users will be incentivized to borrow against uniBTC, loop into WBTC, and provide liquidity to this pair, boosting volume and incentives. This also connects uniBTC more deeply to other protocols like Pendle and Beraborrow, which already support uniBTC as collateral, further expanding its use across Berachain’s DeFi ecosystem.
Potential Volume / TVL:
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Provide metrics or estimates on liquidity you expect to attract: $10mil.
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Highlight any known liquidity commitments. (If you or partners plan to seed the contract, provide proof of funds or a statement of intent.): Several of our partners are ready to deploy once the reward vault is live.
Synergies with Other Protocols:
- Will this contract feed into any yield aggregators, lending markets, or liquid staking derivatives on Berachain? Yes this will feed into Dolomite and Infrared. Dolomite will accumulate more lending liquidity for uniBTC, which will increase interest rates for WBTC and make looping more attractive.
Marketing / Promotion:
- Are there plans to co-market with another project to bootstrap liquidity? Yes, co-marketing activities and campaigns will be hosted in partnership with Dolomite and Infrared.
Long-Term Vision:
- How could this reward vault evolve over time? (E.g., eventually becoming a core liquidity pair or a major stable pool for the chain.): Leverage for major assets and consistent source of BTC yield.
7. Verification
Please post the following text with the provided X account: https://x.com/Bedrock_DeFi/status/1917565791907766777