> For the complete documentation index, see [llms.txt](https://bidohub.gitbook.io/bido-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bidohub.gitbook.io/bido-docs/what-is-bido.md).

# 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.