# 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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://bidohub.gitbook.io/bido-docs/what-is-bido.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.