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Article • 10 months ago

IoTeX Implements Liquid Staking Protocol, Bedrock, Enabling Users to Stake and Trade Simultaneously

IoTeX
IoTeX Implements Liquid Staking Protocol, Bedrock, Enabling Users to Stake and Trade Simultaneously
Summary
  • IoTeX has implemented a Liquid Staking protocol called Bedrock, which enables users to stake their IOTX tokens and receive uniIOTX, allowing for liquidity and the ability to trade.
  • UniIOTX can be used for various DeFi activities, such as trading, lending, and collaboration with stablecoin projects within the IoTeX ecosystem.

Source: https://iotex.io/blog/liquid-staking-iotex-uniiotx/

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