Binance has announced that Bedrock (BR) is now live for trading on its Binance Alpha, its Web3 early-stage listing platform. Bedrock goes live on Binance Alpha on May 11 with an exclusive airdrop for eligible traders. 

The Binance Alpha Bedrock airdrop portal opens at 09:00 (UTC) for traders who hold at least 241 Binance Alpha Points (APs). Users who meet this requirement can join the airdrop to claim 225 BR tokens on a first-come, first-served basis.

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What is Bedrock?

Bedrock's Multi-Asset Restaking Protocol introduces uniBTC, a Liquid Restaking Token (LRT) now live on the Babylon mainnet.

Bedrock Protocol Banner. Image Credit: CoinMarketCap

Bedrock is the world’s first multi-asset liquid restaking protocol. It helps users earn yield on digital assets while maintaining liquidity and flexibility across DeFi ecosystems. It aims to unlock the economic potential of traditionally idle assets like Bitcoin.

Operating on RockX, Bedrock introduces the concept of uniBTC. uniBTC is a liquid staking token that represents staked Bitcoin. In the past, staking Bitcoin meant locking it away, making BTC inaccessible for other financial activities. 

Bedrock solves this by allowing users to stake their BTC (or derivative versions like WBTC and cbBTC) and receive uniBTC in return. This token appreciates in value as staking rewards accumulate, all while remaining liquid. 

You can use uniBTC across over 60 integrated DeFi platforms for lending, borrowing, or providing liquidity. With over $459 million in Total Value Locked (TVL), Bedrock has become the primary bridge between the security of the Bitcoin network and the high-yield world of DeFi.

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Binance Alpha Bedrock (BR ) Airdrop Details

edrock announces an exclusive token airdrop targeting eligible Binance Alpha Traders via the Binance Wallet.

Bedrock Binance Alpha Airdrop. Image Credit: Binance Wallet

At 09:00 (UTC) on May 11, Binance Alpha will officially open trading for Bedrock (BR). Similar to previous Alpha events, eligible users can begin to apply for the $BR airdrop immediately after trading opens. The key details of the airdrop are

  • Project Name: Bedrock
  • Token Ticker: $BR
  • Primary Pair: BR/USDT
  • Airdrop Duration: May 11, 09:00 (UTC)
  • Airdrops Rewards: 225 BR Tokens
  • Platform: Binance Alpha
  • Eligibility Requirements: 241 Binance Alpha Points (APs)

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How To Participate in the Binance Alpha Bedrock Airdrop Campaign

If you hold at least 241 Binance Alpha Points, when Bedrock is listed on Alpha, do the following to claim free $BR tokens:

  • Connect Your Wallet: Click the wallet tab on the homepage of your Binance App. Ensure your Binance Web3 Wallet is active. 
Connecting Binance Wallet

Source: Binance Wallet

  • Applying: Enter the Airdrop section of your Binance Wallet and locate Bedrock.
Alpha Airdrop in Binance Wallet

Source: Binance Alpha on Binance Web 3 Wallet

  • Claiming: locate $BR and click Claim, and you have successfully applied for the free airdrop. 
A mobile interface showing the claiming process for the Bedrock airdrop.

BR Airdrop Interface Screenshot. Binance Web3 Wallet

If you participate in this airdrop, you will pay a cost fee of 15 Alpha Points. You will receive your free 225 BR tokens directly to your Binance Wallet account within 24 hours of the airdrop. If you don’t claim the airdrop within 24 hours, it will be deemed that users have given up claiming the airdrop.

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Final Thoughts

Bedrock is a very promising new project that stands out in a crowded DeFi space. With a TVL of over $450 million before its launch, Bedrock is already one of the most talked-about names in the Bitcoin restaking sector. 

The Binance airdrop is a great way to claim 225 free $BR tokens of this promising project without any high overhead cost. And for the Bedrock project, the listing on Binance could help it attract even more attention from both retail and institutional crypto participants.