Bedrock

About Bedrock

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.

• BR tokens are converted to veBR at a 1:1 ratio for governance.
• Voting power increases with longer lock durations of BR tokens.
• veBR holders vote on gauge allocations that determine incentive distribution across liquidity pools.