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      • ▶️Introduction
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        • Step-by-step to bridge uniBTC
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        • 📖Step-by-step to unstake uniBTC
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  • Babylon
    • 🔍Introduction to Babylon
      • Restaking
    • 💪Restaked Points
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  1. Multi-Asset Liquid Staking
  2. uniBTC

Staking wrapped BTC in Bedrock

PreviousBTC staking mechanismNextBridge

Last updated 1 month ago

Bedrock now accepts multiple wrapped BTC in different network, to illustrate, wBTC is used in this tutorial. It always encourage users to go to page to check the latest accepted wrapped BTC on different networks.

Staking

  1. To stake your wBTC for uniBTC in , click 'Connect Wallet' at the top of the page to link your preferred wallet (MetaMask in this tutorial) to the dApp. Once connected, the mint/withdraw function for uniBTC will be available.

  1. Approve the allowance to Bedrock uniBTC mint smart contract

For security reason, please consider only approve with necessary allowance amount to any smart contract.

  1. Stake your wBTC to mint uniBTC

You will receive uniBTC when you deposit it and it will accrue staking rewards over time by growing in token value. uniBTC can also be sold and traded on various DEXs and CEXs if there is liquidity available for the trade and can also be used to provide liquidity to earn additional yield.

Bedrock allows everyone the opportunity to earn rewards on any amount as we do not have a minimum amount required to use the Bedrock protocol. We do recommend a deposit of at least 0.005 wBTC to make your transaction worthwhile. When you stake wBTC, you will receive uniBTC, which represents staked wBTC.

  1. (Optional) Add uniBTC token into your Metamask wallet

To be able to view your uniBTC on your Metamask wallet, click 'Add to MetaMask' to import the uniBTC token to MetaMask.

🅱️
🎯
uniBTC
Bedrock
Figure 1: Click Connect Wallet button
Figure 2: Choose a supported wallet and connect
Figure 3: Grant the allowance to Bedrock uniBTC smart contract
Figure3: Stake wBTC
Figure 5: Confirm your staking amount and Stake
Figure 6: Upon staking successfully, check and manage uniBTC balance
Figure 7: Add uniBTC into Metamask wallet