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.
Bedrock Price Analysis
As of April 19 2025 Bedrock has a marketcap of $8.4M.
This is {{percentagefromath}} from its all time high of $0.219014.
In terms of its tokenomics, there's a total supply of 1B with 21% currently outstanding.
Keep in mind Bedrock has a fully diluted value of $40M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
