What is Bido

BIDO

Bido is a liquid-staking protocol for BTC on the BEVM network, which is developed based on the lido on the Ethereum.Bido provides a simple way to obtain your digital token rewards. By staking with Bido, your tokens remain liquid and can be used in a range of DeFi applications to earn additional rewards.

  1. Staking pool. A protocol for managing deposits, pledge rewards, and withdrawals.

  2. st[token]. Unlike pledged tokens, bido's st[token] can be freely transferred instead of being locked like native pledges. Bido allows users to operate pledged tokens by leveraging collateral, lending, farming, and other kinds of DeFi protocols.

  3. Bidohub. Bido liquid protocol management entity, responsible for core code development, configuring protocol parameters and so on.

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