💎Bedrock Diamonds

The Bedrock Diamonds system is designed to incentivise loyal users and reward them with Diamonds. Please note that this is subject to change periodically.

Overview

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.

Bedrock Diamonds Rules

To celebrate the mainnet upgrade of Bedrock to a LRT protocol, Bedrock is excited to announce our grand campaign with boosted Bedrock Diamonds in its preliminary stage!

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 in their wallet, granting them 1 Bedrock Diamond per hour for each uniETH held (with added boosters for early adopters).

In addition, Bedrock will also award users who provided liquidity on its Curve liquidity pool with a 2x booster.

Note that there is no addition or multiplication of multipliers. If the uniETH holding meets multiple categories of multipliers, the highest multiplier will be applied, as opposed to the multipliers being stacked together.

Diamond Campaign Season 2

Campaign Rules:

1. Campaign start date : 30 January 2024

2. There will be no limit on the Diamonds given out in this campaign

3. Diamonds are counted and updated on an hourly basis

4. For minting and holding uniETH, users qualify by minting and holding uniETH on their non-custodial wallet

5. 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.

Action	Booster	Rewards (per hour)
Hold uniBTC in wallet	21x	21 x 1 diamond = 21 diamonds
Provide liquidity with uniBTC	42x	42 x 1 diamond = 42 diamonds
More boosters to come

Diamond Campaign Season 1 (Ended)

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:

1. Campaign start date : 30 January 2024

2. There will be no limit on the Diamonds given out in this campaign

3. Diamonds are counted and updated on an hourly basis

4. For minting and holding uniETH, users qualify by minting and holding uniETH on their non-custodial wallet

5. 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.

Action	Range	Booster	Rewards (per hour)
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 of diamonds accrual:

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.