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Rootstock x Bedrock: Guide to Restaking Bitcoin

This article is part of Rootstock’s series “Building DeFi on Bitcoin” which explores different solutions and integrations on the Rootstock blockchain that enable scaling Bitcoin, bringing DeFi capabilities to the world’s most secure Bitcoin DeFi layer.

 

Bedrock is the first multi-asset liquid restaking protocol, pioneering Bitcoin staking with uniBTC. As the leading BTC liquid staking token, uniBTC enables holders to earn rewards while maintaining liquidity, unlocking new yield opportunities in Bitcoin’s $1T market.

And now with the new integration with Rootstock, you can earn rewards and restake your BTC directly on Rootstock by minting uniBTC, unlocking yield across multiple DeFi integrations while keeping your Bitcoin liquid and secure.

This article offers a step-by-step tutorial to start liquid staking on Rootstock.

But before, don’t forget to add Rootstock to your wallet

 

Guide to liquid staking Bitcoin on Rootstock

1. To start liquid staking your Bitcoin, visit the uniBTC Page on Bedrock on Rootstock.

2. Click ‘Connect Wallet’ at the top of the page to link your preferred wallet (MetaMask in this tutorial) to the dApp.

3. Select the Rootstock Mainnet using the dropdown menu on the top right of the page.

4. Enter the amount of BTC on Rootstock you would like to Liquid Restake in the input box and click on Stake.

5. Click on the stake button once confirming that all amounts input are correct. Additionally, the uniBTC contract on rootstock can be viewed via the contract address shown.

6. Confirm and sign related transactions on your wallet. Once the transaction has been confirmed, you will receive your corresponding amount of uniBTC.

Token Information

  • rBTC (Rootstock Bitcoin)0xf3981eb22c6583abe769a1cbe15a0ba71f7c67b1
  • uniBTC (Bedrock’s Liquid Restaked BTC)0xd3c8dA379d71a33BfEE8875F87Ac2748bEB1d58d

What Can You Do with uniBTC?

Now that you hold uniBTC, it’s time to put your Bitcoin to work, without giving up custody, composability, or upside:

  • Earn Bedrock Diamonds
    Accumulate Diamonds, our ecosystem rewards token, by holding uniBTC. These Diamonds will convert into governance and token rewards during Bedrock’s upcoming TGE.
  • Gain Bitcoin Yield
    As Bedrock restakes uniBTC into Babylon, you earns you yield, the foundation of Babylon’s BTC security model.
  • Explore DeFi on Rootstock
    Use uniBTC across the Rootstock ecosystem, from lending and LPing to farming upcoming DeFi protocols launching with Bedrock integration.
  • Cross-Chain Restake
    Seamlessly bridge uniBTC from Rootstock to other networks (Ethereum, Arbitrum, Base, Merlin, Berachain and more) to tap into multichain restaking opportunities.
  • Stay Liquid While Restaking
    uniBTC keeps your BTC productive without locking it up. Sell, LP, borrow, or restake, uniBTC is your DeFi-native Bitcoin primitive.

 

Ready to get started?

Head to the Bedrock app here.

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