Following a successful Phase 2, we are excited to announce that Optimism Splash Phase 3 is officially live. Running from September 24 through October 12, Phase 3 maintains the core incentive structure while giving liquidity providers (LPs) continued access to elevated yields on Optimism.

Whether you are stacking $250 or allocating $10,000+ institutional blocks, here is everything you need to know about participating in Phase 3.

• Campaign Duration: September 24, 2024 – October 12, 2024

• Target Pool: uniBTC / WBTC on Velodrome

• Distribution Mechanics: Streamed via Merkl

Phase 2 Social Campaign Winners Selected!

Before diving into Phase 3, a huge thank you to everyone who completed our Phase 2 social tasks!

All social prize winners have been randomly selected and notified directly via Twitter DM. You can verify the full list of winning handles and wallet addresses on our official tracker:

• Phase 2

• Weekly Raffle

All LP positions in the uniBTC/WBTC pool earn streaming $OP rewards distributed automatically via Merkl, offering an attractive yield profile with minimal impermanent loss risk due to the 1:1 correlated price action of uniBTC and WBTC.

• Ticket Ratio: Earn 1 raffle ticket per $250 LP position (up to a maximum of 10 tickets per wallet).

• Weekly Prize: 10 winners split 1,000 $OP every week.

• Escalating Rewards: Allocators providing $10,000+ LP blocks unlock tier multipliers designed for large-scale capital.

• Phase Loyalty: Sustaining positions through consecutive phases maximizes overall $OP rewards (up to 1,750$OP per $10k block across the campaign).

For active LPs managing concentrated liquidity on Velodrome, price fluctuations or range adjustments may require re-tick alignment.

The 1-Hour Grace Rule: If you need to re-range your uniBTC/WBTC concentrated liquidity position, ensure you complete the exit and re-entry within 1 hour.

As long as your new liquidity position is deposited within 60 minutes of withdrawing, your VIP loyalty streak remains unbroken, preserving your escalating multiplier for Phase 3 distributions.

1. Get uniBTC: If you haven’t already, mint or wrap your BTC into uniBTC via the Bedrock dApp. Ensure you have your assets on the Optimism network.

2. Visit Velodrome (Merkl): Head over to the official Velodrome app and locate the uniBTC / WBTC liquidity pool.

3. Deposit: Provide equal values of uniBTC and WBTC to the pool.

4. Collect & Claim: Stream base OP yields anytime via Merkl dashboard while bonus raffle and VIP payouts are automatically airdropped to your wallet at Phase end.

Want a share of the 4,000 OP social pool? It takes less than 10 seconds:

1. Head to our official X profile: @Bedrock_DeFi

2. Find the pinned Phase 3 Announcement Tweet.

3. ❤️ Like the tweet.

4. 🔁 Retweet (RT) or Quote Tweet (QRT) to amplify the splash! (Make sure to complete this before the Phase 3 deadline on 12 October!)

• No Phishing: Official links will only be shared via our official X account (@Bedrock_DeFi) and our verified Discord server. Bedrock team members will never DM you first with "claim" links.

• Distribution: Base LP emissions stream dynamically via Merkl. Social task winners and campaign bonus distributions (Retail Raffles & VIP tiers) will be snapshotted at the end of each 2-week Phase window and distributed within 2 weeks after the snapshot.

Ready to make a splash? Head over to Velodrome to provide liquidity now!

Bedrock is the Intelligent Yield Engine for Bitcoin Capital — a DeFi infrastructure that routes BTC across institutional-grade yield strategies, all accessed through uniBTC, a unified and productive form of Bitcoin capital.

Users hold uniBTC and tap into the full BTCfi yield stack — complexity abstracted. BRclaw, our AI strategy tool, supports allocation decisions.

Make Bitcoin productive.

Official Links

Website | App | Documentation | Blog | X (Twitter) | Discord | Telegram