Bedrock's native tokenized version of staked Ether is known as uniETH.
uniETH represents the staked ETH in Bedrock plus all future staking rewards. uniETH is non-rebasing, i.e. does not grow in quantity over time but grows in value instead. In other words, 1 uniETH will be worth more than 1 ETH as time goes on, and its value will continue to increase as more time passes.
Launched by RockX, Bedrock is a non-custodial solution that satisfies the requirements of institutions seeking a basis for large-scale liquid staking. By bringing new levels of transparency and security to liquid staking, Bedrock allows institutions to unlock liquidity safely by adhering to regulations while leveraging a true crypto-native solution.
Bedrock is more than just a liquid staking protocol; it is a rock-solid foundation upon which institutions can develop further strategies on. Whether that may be a centralised exchange, a market maker, or a digital asset management firm, we’ve designed customised solutions to benefit all parties.
Bedrock, the protocol behind UNIETH, is a non-custodial solution tailored for institutional investors seeking large-scale liquid staking. It offers a secure and transparent method for unlocking liquidity while adhering to regulatory standards. Institutions such as centralized exchanges, market makers, and digital asset management firms can leverage Bedrock's infrastructure to develop advanced strategies.
Trading platforms like eToro, Curve, and Balancer v2 list UNIETH, providing liquidity and accessibility to a broader market. The token's design focuses on long-term value growth, making it an attractive option for entities looking to maximize their staking returns without increasing token quantity.
The Bedrock protocol not only facilitates liquid staking but also serves as a robust foundation for institutional strategies. By ensuring transparency and security, Bedrock enables institutions to engage in liquid staking confidently, knowing they are compliant with regulatory requirements. This approach positions UNIETH as a pivotal asset in the evolving landscape of cryptocurrency staking.
Ethereum's blockchain, on which UNIETH operates, is a decentralized platform that runs on a network of computers (nodes) spread across the globe. Each node maintains a copy of the blockchain, ensuring transparency and security. The consensus mechanism used by Ethereum, known as Proof of Stake (PoS), plays a crucial role in preventing attacks from bad actors. In PoS, validators are chosen to create new blocks and confirm transactions based on the number of coins they hold and are willing to "stake" as collateral. This mechanism makes it economically unfeasible for malicious entities to attack the network, as they would need to control a significant portion of the total staked Ether.
Bedrock, the platform behind UNIETH, is designed to cater to institutional needs for large-scale liquid staking. Liquid staking allows users to stake their Ether and receive UNIETH in return, which can then be used in various DeFi (Decentralized Finance) applications. This process unlocks liquidity while still earning staking rewards. Bedrock's non-custodial nature means that users retain control over their assets, enhancing security and trust.
UNIETH represents the staked ETH in Bedrock plus all future staking rewards. Unlike rebasing tokens that increase in quantity, UNIETH grows in value over time. For instance, if you stake 1 ETH and receive 1 UNIETH, the value of that UNIETH will increase as staking rewards accumulate, making it worth more than 1 ETH in the future.
Bedrock's infrastructure brings new levels of transparency and security to liquid staking. It adheres to regulatory requirements, making it a reliable solution for institutions like centralized exchanges, market makers, and digital asset management firms. By providing a rock-solid foundation, Bedrock enables these institutions to develop further strategies and leverage the benefits of liquid staking.
The Ethereum blockchain's robustness is further enhanced by its use of cryptographic techniques to secure transactions. Each transaction is encrypted and linked to the previous one, forming a chain of blocks (hence the term "blockchain"). This structure ensures that any attempt to alter a transaction would require changing all subsequent blocks, making it practically impossible to tamper with the data.
In addition to its security features, Ethereum's blockchain supports a wide range of decentralized applications (dApps) and protocols. These dApps can interact with UNIETH, providing users with various opportunities to earn, trade, and utilize their staked assets. The interoperability of Ethereum's ecosystem allows UNIETH to be integrated into numerous DeFi platforms, enhancing its utility and value proposition.
Bedrock's customized solutions benefit all parties involved in the staking process. For example, a centralized exchange can offer staking services to its users without taking custody of their assets, while a market maker can leverage the liquidity provided by UNIETH to enhance trading strategies. Digital asset management firms can also use UNIETH to optimize their portfolios and generate additional returns for their clients.
The combination of Ethereum's advanced blockchain technology, Bedrock's innovative liquid staking solution, and the unique properties of UNIETH creates a powerful ecosystem for institutional and individual users alike. This synergy not only enhances the value and utility of staked Ether but also contributes to the broader adoption and growth of decentralized finance.
One of the primary applications of UNIETH is in decentralized finance (DeFi). By participating in liquid staking, institutions can earn staking rewards without sacrificing liquidity. This makes UNIETH an attractive option for financial entities that need to maintain fluid assets while still benefiting from staking returns. Additionally, UNIETH can be used in various DeFi protocols, enabling users to lend, borrow, or trade their staked assets seamlessly.
UNIETH also has potential applications in centralized exchanges and market-making activities. Centralized exchanges can integrate UNIETH to offer staking services to their users, providing an additional revenue stream and enhancing user engagement. Market makers can utilize UNIETH to maintain liquidity in trading pairs, ensuring smoother transactions and better price stability.
Digital asset management firms can leverage UNIETH to develop customized investment strategies. By incorporating UNIETH into their portfolios, these firms can offer clients diversified exposure to staking rewards and other DeFi opportunities. This adds a layer of sophistication to asset management, appealing to a broader range of investors.
Furthermore, UNIETH's design as a non-rebasing token means that its value increases over time as staking rewards accumulate. This characteristic makes it a valuable asset for long-term holding, providing a hedge against market volatility and potential appreciation in value.
In summary, UNIETH's real-world applications span liquid staking, decentralized finance, centralized exchanges, market-making, and digital asset management, making it a versatile and valuable asset in the cryptocurrency ecosystem.
One of the pivotal moments for UNIETH was its introduction by RockX, a company known for its focus on transparency and security in the blockchain space. Bedrock, the protocol behind UNIETH, is a non-custodial solution tailored to meet the stringent requirements of institutional investors. This launch marked a significant step in providing institutions with a reliable and secure method for liquid staking, allowing them to unlock liquidity while adhering to regulatory standards.
In the months following its launch, UNIETH garnered attention for its innovative approach to staking. Unlike traditional staking tokens, UNIETH does not increase in quantity but rather in value, making it an attractive option for long-term investors. This unique feature ensures that 1 UNIETH will be worth more than 1 ETH as time progresses, reflecting the accumulation of staking rewards.
A notable event in the history of UNIETH was a security exploit on a staking protocol, which brought to light the importance of robust security measures in the cryptocurrency space. Although the specifics of the exploit were not detailed, it underscored the necessity for continuous improvements and vigilance in protocol security to protect investors' assets.
Bedrock's design also emphasizes the creation of customized solutions for various types of institutions, including centralized exchanges, market makers, and digital asset management firms. This flexibility has positioned UNIETH as a versatile tool for different financial strategies, enhancing its appeal to a broad range of institutional players.
Throughout its development, UNIETH has maintained a focus on providing high levels of transparency and security. These attributes have been crucial in building trust among institutional investors, who require assurance that their assets are managed with the utmost care and compliance with regulatory standards.
The introduction of UNIETH has also opened up various yield opportunities for institutions. By participating in the Bedrock protocol, institutions can earn staking rewards while maintaining liquidity, a combination that is particularly attractive in the volatile cryptocurrency market.
As UNIETH continues to evolve, its impact on the liquid staking landscape remains significant. The token's design and the underlying Bedrock protocol have set new standards for transparency, security, and institutional-grade solutions in the blockchain industry.
uniETH represents the staked ETH in Bedrock plus all future staking rewards. uniETH is non-rebasing, i.e. does not grow in quantity over time but grows in value instead. In other words, 1 uniETH will be worth more than 1 ETH as time goes on, and its value will continue to increase as more time passes.
Launched by RockX, Bedrock is a non-custodial solution that satisfies the requirements of institutions seeking a basis for large-scale liquid staking. By bringing new levels of transparency and security to liquid staking, Bedrock allows institutions to unlock liquidity safely by adhering to regulations while leveraging a true crypto-native solution.
Bedrock is more than just a liquid staking protocol; it is a rock-solid foundation upon which institutions can develop further strategies on. Whether that may be a centralised exchange, a market maker, or a digital asset management firm, we’ve designed customised solutions to benefit all parties.
What is Universal ETH?
Universal ETH (UNIETH) is a tokenized version of staked Ether, introduced by RockX's Bedrock protocol. Unlike traditional staking tokens, UNIETH is non-rebasing, meaning its quantity remains constant while its value appreciates over time. This unique characteristic ensures that 1 UNIETH will be worth more than 1 ETH as staking rewards accumulate.Bedrock, the protocol behind UNIETH, is a non-custodial solution tailored for institutional investors seeking large-scale liquid staking. It offers a secure and transparent method for unlocking liquidity while adhering to regulatory standards. Institutions such as centralized exchanges, market makers, and digital asset management firms can leverage Bedrock's infrastructure to develop advanced strategies.
Trading platforms like eToro, Curve, and Balancer v2 list UNIETH, providing liquidity and accessibility to a broader market. The token's design focuses on long-term value growth, making it an attractive option for entities looking to maximize their staking returns without increasing token quantity.
The Bedrock protocol not only facilitates liquid staking but also serves as a robust foundation for institutional strategies. By ensuring transparency and security, Bedrock enables institutions to engage in liquid staking confidently, knowing they are compliant with regulatory requirements. This approach positions UNIETH as a pivotal asset in the evolving landscape of cryptocurrency staking.
What is the technology behind Universal ETH?
Universal ETH (UNIETH) is a tokenized version of staked Ether, launched by RockX's non-custodial solution called Bedrock. This non-rebasing token grows in value over time and is used for liquid staking. The technology behind Universal ETH is deeply rooted in Ethereum's smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. These smart contracts enable automated, trustless transactions without the need for intermediaries.Ethereum's blockchain, on which UNIETH operates, is a decentralized platform that runs on a network of computers (nodes) spread across the globe. Each node maintains a copy of the blockchain, ensuring transparency and security. The consensus mechanism used by Ethereum, known as Proof of Stake (PoS), plays a crucial role in preventing attacks from bad actors. In PoS, validators are chosen to create new blocks and confirm transactions based on the number of coins they hold and are willing to "stake" as collateral. This mechanism makes it economically unfeasible for malicious entities to attack the network, as they would need to control a significant portion of the total staked Ether.
Bedrock, the platform behind UNIETH, is designed to cater to institutional needs for large-scale liquid staking. Liquid staking allows users to stake their Ether and receive UNIETH in return, which can then be used in various DeFi (Decentralized Finance) applications. This process unlocks liquidity while still earning staking rewards. Bedrock's non-custodial nature means that users retain control over their assets, enhancing security and trust.
UNIETH represents the staked ETH in Bedrock plus all future staking rewards. Unlike rebasing tokens that increase in quantity, UNIETH grows in value over time. For instance, if you stake 1 ETH and receive 1 UNIETH, the value of that UNIETH will increase as staking rewards accumulate, making it worth more than 1 ETH in the future.
Bedrock's infrastructure brings new levels of transparency and security to liquid staking. It adheres to regulatory requirements, making it a reliable solution for institutions like centralized exchanges, market makers, and digital asset management firms. By providing a rock-solid foundation, Bedrock enables these institutions to develop further strategies and leverage the benefits of liquid staking.
The Ethereum blockchain's robustness is further enhanced by its use of cryptographic techniques to secure transactions. Each transaction is encrypted and linked to the previous one, forming a chain of blocks (hence the term "blockchain"). This structure ensures that any attempt to alter a transaction would require changing all subsequent blocks, making it practically impossible to tamper with the data.
In addition to its security features, Ethereum's blockchain supports a wide range of decentralized applications (dApps) and protocols. These dApps can interact with UNIETH, providing users with various opportunities to earn, trade, and utilize their staked assets. The interoperability of Ethereum's ecosystem allows UNIETH to be integrated into numerous DeFi platforms, enhancing its utility and value proposition.
Bedrock's customized solutions benefit all parties involved in the staking process. For example, a centralized exchange can offer staking services to its users without taking custody of their assets, while a market maker can leverage the liquidity provided by UNIETH to enhance trading strategies. Digital asset management firms can also use UNIETH to optimize their portfolios and generate additional returns for their clients.
The combination of Ethereum's advanced blockchain technology, Bedrock's innovative liquid staking solution, and the unique properties of UNIETH creates a powerful ecosystem for institutional and individual users alike. This synergy not only enhances the value and utility of staked Ether but also contributes to the broader adoption and growth of decentralized finance.
What are the real-world applications of Universal ETH?
Universal ETH (UNIETH) is a cryptocurrency with practical applications in the real world, particularly within the cryptocurrency market. Launched by RockX, it is designed to cater to the needs of institutions looking for a robust basis for large-scale liquid staking. Liquid staking allows users to stake their Ether (ETH) and receive UNIETH in return, which represents the staked ETH plus all future staking rewards. This non-custodial solution ensures that institutions can unlock liquidity while adhering to regulatory standards.One of the primary applications of UNIETH is in decentralized finance (DeFi). By participating in liquid staking, institutions can earn staking rewards without sacrificing liquidity. This makes UNIETH an attractive option for financial entities that need to maintain fluid assets while still benefiting from staking returns. Additionally, UNIETH can be used in various DeFi protocols, enabling users to lend, borrow, or trade their staked assets seamlessly.
UNIETH also has potential applications in centralized exchanges and market-making activities. Centralized exchanges can integrate UNIETH to offer staking services to their users, providing an additional revenue stream and enhancing user engagement. Market makers can utilize UNIETH to maintain liquidity in trading pairs, ensuring smoother transactions and better price stability.
Digital asset management firms can leverage UNIETH to develop customized investment strategies. By incorporating UNIETH into their portfolios, these firms can offer clients diversified exposure to staking rewards and other DeFi opportunities. This adds a layer of sophistication to asset management, appealing to a broader range of investors.
Furthermore, UNIETH's design as a non-rebasing token means that its value increases over time as staking rewards accumulate. This characteristic makes it a valuable asset for long-term holding, providing a hedge against market volatility and potential appreciation in value.
In summary, UNIETH's real-world applications span liquid staking, decentralized finance, centralized exchanges, market-making, and digital asset management, making it a versatile and valuable asset in the cryptocurrency ecosystem.
What key events have there been for Universal ETH?
Universal ETH (UNIETH) represents a significant development in the realm of liquid staking, particularly for institutional investors. Launched in 2022, UNIETH operates on the Ethereum platform and is the native token of the Bedrock liquid staking protocol, developed by RockX. This token is designed to represent staked ETH along with future staking rewards, offering a non-rebasing mechanism that increases in value over time rather than in quantity.One of the pivotal moments for UNIETH was its introduction by RockX, a company known for its focus on transparency and security in the blockchain space. Bedrock, the protocol behind UNIETH, is a non-custodial solution tailored to meet the stringent requirements of institutional investors. This launch marked a significant step in providing institutions with a reliable and secure method for liquid staking, allowing them to unlock liquidity while adhering to regulatory standards.
In the months following its launch, UNIETH garnered attention for its innovative approach to staking. Unlike traditional staking tokens, UNIETH does not increase in quantity but rather in value, making it an attractive option for long-term investors. This unique feature ensures that 1 UNIETH will be worth more than 1 ETH as time progresses, reflecting the accumulation of staking rewards.
A notable event in the history of UNIETH was a security exploit on a staking protocol, which brought to light the importance of robust security measures in the cryptocurrency space. Although the specifics of the exploit were not detailed, it underscored the necessity for continuous improvements and vigilance in protocol security to protect investors' assets.
Bedrock's design also emphasizes the creation of customized solutions for various types of institutions, including centralized exchanges, market makers, and digital asset management firms. This flexibility has positioned UNIETH as a versatile tool for different financial strategies, enhancing its appeal to a broad range of institutional players.
Throughout its development, UNIETH has maintained a focus on providing high levels of transparency and security. These attributes have been crucial in building trust among institutional investors, who require assurance that their assets are managed with the utmost care and compliance with regulatory standards.
The introduction of UNIETH has also opened up various yield opportunities for institutions. By participating in the Bedrock protocol, institutions can earn staking rewards while maintaining liquidity, a combination that is particularly attractive in the volatile cryptocurrency market.
As UNIETH continues to evolve, its impact on the liquid staking landscape remains significant. The token's design and the underlying Bedrock protocol have set new standards for transparency, security, and institutional-grade solutions in the blockchain industry.
Who are the founders of Universal ETH?
Universal ETH (UNIETH) emerges from the collaborative efforts of RockX and Bedrock. RockX, a prominent player in the blockchain space, partnered with Bedrock to create a non-custodial liquid staking solution. Bedrock's native tokenized version of staked Ether, known as UNIETH, represents staked ETH plus all future staking rewards. Unlike rebasing tokens, UNIETH grows in value over time without increasing in quantity. This innovative approach allows institutions to unlock liquidity while adhering to regulatory standards. The founders' backgrounds in blockchain technology and institutional finance have significantly influenced the development and public perception of Universal ETH.| Website | app.bedrock.technology/unieth |
| Website | unieth.rockx.com/docs/whitepaper.pdf |
| Socials | twitter.com/rockx_official |
| Socials | github.com/RockX-SG/stake/blob/main/PeckShield-Audit-Report-RockXStaking-v1.0.pdf |
| Socials | discord.gg/YJzs4UwsTp |
| Contracts | 0xF137...dF51F4 |
| Explorers | etherscan.io/token/0xF1376bceF0f78459C0Ed0ba5ddce976F1ddF51F4 |
