The Bedrock Diamonds system is designed to incentivise loyal users and reward them with Diamonds. Please note that this is subject to change periodically.
Bedrock Diamonds are distributed to recognize and reward users who actively contribute to the protocol's success. Commencing with the Bedrock mainnet upgrade on 28 January 2024, every participant within the Bedrock ecosystem will be granted Diamonds, with the quantity contingent on the duration and nature of their engagement.
There are multiple approaches to earn Bedrock Diamonds; below is an explanation on Bedrock Diamond system.
Basically, Bedrock acknowledges and rewards each participant who mints and holds uniETH or uniBTC in their wallets, granting them Bedrock Diamond per hour.
In addition, Bedrock introduces multiple ongoing campaigns with different partners in Bedrock Ecosystem
There are mulitiple ongoing campaigns, for latest campaigns, please visit https://app.bedrock.technology/ to find out excited campaigns!
Basic rewards
Hold uniETH in wallet
1x
1 x 1 diamond = 1 diamonds
Provide liquidity with uniETH
2x
2 x 1 diamond = 2 diamonds
Hold uniBTC in wallet
21x
21 x 1 diamond = 21 diamonds
Provide liquidity with uniBTC
42x
42 x 1 diamond = 42 diamonds
The first 50,000 ETH mint cap has been reached, hence the campaign is ended.
But do stay tuned with us for more exciting campaign to boosted Diamond points!
Campaign Rules:
Campaign start date : 30 January 2024
There will be no limit on the Diamonds given out in this campaign
Diamonds are counted and updated on an hourly basis
For minting and holding uniETH, users qualify by minting and holding uniETH on their non-custodial wallet
For providing liquidity, users can provide liquidity on this Curve pool. Diamonds will be updated on a weekly basis.
During this campaign period, all the participant who minted the first 50,000 ETH will received boosted Diamonds as detailed in the list below.
Mint & hold uniETH
0 - 30,000 ETH
3x
3 x 1 diamond = 3 diamonds
30,000 - 50,000 ETH
2x
2 x 1 diamond = 2 diamonds
> 50,000 ETH
1x
1 x 1 diamond = 1 diamonds
Provide liquidity with uniETH
Unlimited
2x
2 x 1 diamond= 2 diamonds
Example 1: If a user deposits 1 ETH into Bedrock, they receive 1 diamond per hour (plus any boosts for being an early entrant).
Example 2: If a user deposits 0.5 uniETH + 0.5 ETH in the Curve pool, he/she receives 2 diamonds per hour. These accumulated diamonds will be added to user balance pro rata and retroactively. Diamonds on LP positions will be paid out in the coming weeks.